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Business
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Markets & Companies
10/1/2023 4:03:33 PM
The Egyptian Exchange (EGX) started the week with a mixed performance, with the main index still above 20K points. Meanwhile, gold prices went down.
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Egypt
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Politics
9/30/2023 11:10:29 AM
The House of Representatives will embark on its fourth legislative season with four procedural sessions on Sunday and Monday before tackling rising prices, criminal law, and other issues over the next nine months.
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Business
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Economy
9/29/2023 12:38:30 PM
Inflation that has been plaguing Europeans made a marked decline in September, strengthening hopes that consumers will eventually get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won’t have to further restrict the economy by raising interest rates from already-record highs.
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Business
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Economy
9/28/2023 11:30:16 AM
Blame climate change, El Nino and Russia's war.
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Business
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Economy
9/28/2023 9:49:45 AM
US oil prices closed at their highest level in more than a year late Wednesday on a mixed day for global equities as the dollar continued its upward climb.
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Business
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Markets & Companies
9/27/2023 11:14:43 PM
Benchmark US crude oil for November delivery rose $3.29 to $93.68 a barrel Wednesday. Brent crude for November delivery rose $2.59 to $96.55 a barrel.
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Business
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Economy
9/27/2023 10:57:18 PM
With media reporting that the new iPhone will soon be released in Egypt at a price of EGP 100,000 per device, many Egyptians claim Apple products are overpriced in their country.
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Business
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Markets & Companies
9/27/2023 4:00:42 PM
The Egyptian Exchange (EGX) indices ended in the red on Wednesday, shrugging off some of their gains in the past sessions, especially the main index. Gold prices are relatively the same.
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World
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War in Ukraine
9/27/2023 10:00:39 AM
The European Bank for Reconstruction and Development on Wednesday said it expected Russia's economy to grow in 2023 thanks to rising oil prices, having forecast a contraction earlier this year.
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Business
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Markets & Companies
9/26/2023 10:58:53 PM
US regulators and 17 states are suing Amazon over allegations the e-commerce behemoth abuses its position in the marketplace to inflate prices on and off its platform, overcharge sellers and stifle competition.
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Business
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Markets & Companies
9/26/2023 10:58:06 PM
Benchmark US crude oil for November delivery rose 71 cents to $90.39 a barrel Tuesday. Brent crude for November delivery rose 67 cents to $93.96 a barrel.
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Business
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Markets & Companies
9/26/2023 3:03:26 PM
The Egyptian Exchange’s (EGX) main index surmounted its historic highs of the past two weeks on Tuesday, despite the decline of the EGX70 and EGX100 indices. Gold prices were maintained at yesterday’s levels.
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Business
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Markets & Companies
9/25/2023 10:38:49 PM
Benchmark US crude oil for November delivery fell 35 cents to $89.68 a barrel Monday. Brent crude for November delivery rose 2 cents to $93.29 a barrel.
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Business
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Economy
9/25/2023 7:03:47 PM
The head of the European Central Bank said Monday that interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong” in the 20 countries that use the euro currency.
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Business
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Markets & Companies
9/25/2023 4:08:40 PM
The Egyptian Exchange’s (EGX) main index broke all of its historic records on Monday above 20,300 points.
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Egypt
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Society
9/24/2023 6:16:45 PM
Egypt’s Ministry of Education and Technical Education has made educational materials for all school grades in the 2023/2024 academic year available online for free, to ease the financial burden on parents amid soaring prices of supplementary learning books.
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Business
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Markets & Companies
9/24/2023 3:22:48 PM
The Egyptian Exchange (EGX) started the week with a positive performance and the main index jumped to a new height. Gold prices went down.
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Business
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Economy
9/21/2023 10:43:38 PM
Benchmark U.S. crude oil for November delivery fell 3 cents to $89.63 a barrel Thursday. Brent crude for November delivery fell 23 cents to $93.30 a barrel.
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Business
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Markets & Companies
9/21/2023 5:01:47 PM
The Egyptian Exchange's (EGX) main index broke its 20,000-point target on Thursday, while in the gold market, the price of a golden pound coin increased by EGP 200.
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Business
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Markets & Companies
9/20/2023 10:58:00 PM
Benchmark US crude oil for October delivery fell 92 cents to $90.28 a barrel Wednesday. Brent crude for November delivery fell 81 cents to $93.53 a barrel.
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