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Al-Ahram Weekly
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Egypt
11/14/2023 10:05:03 PM
Smokers were hit by yet another increase in cigarette prices, reports Doaa A. Moneim
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Business
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Economy
11/14/2023 5:54:03 PM
Philip Morris Misr on Monday increased the prices of its tobacco products by 15-20.5 percent, following the country's state-owned Eastern Company's move to raise the prices of its products.
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Business
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Economy
11/14/2023 5:00:56 PM
Steel prices reached historic levels in Egypt after key producers raised prices significantly, according to the Head of the Cairo Chamber of Commerce's Building Materials Division, Ahmed El-Zeiny.
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Business
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Markets & Companies
11/14/2023 3:45:36 PM
The Egyptian Exchange (EGX) indices ended nearly flat on Tuesday and the market cap gained only EGP 3 billion. Gold prices rose, with the 24-carat reaching EGP 3,017 per gram.
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Business
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Markets & Companies
11/14/2023 10:26:52 AM
Benchmark US crude oil for December delivery rose $1.09 to $78.26 per barrel Monday. Brent crude for January delivery rose $1.09 to $82.52 per barrel.
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Business
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Markets & Companies
11/13/2023 3:29:25 PM
The Egyptian Exchange (EGX) indices ended in the green on Monday after achieving mixed performance yesterday. Gold prices rose and the 24-carat gram returned to EGP 3,000.
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Business
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Markets & Companies
11/12/2023 3:50:44 PM
The Egyptian Exchange (EGX) indices ended with mixed performance on Sunday, while gold prices inched higher.
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Business
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Economy
11/10/2023 1:36:47 PM
Egyptian Minister of Trade and Industry Ahmed Samir inaugurated the third Intra-African Trade Fair (IATF) in Cairo which takes place between 9 and 15 November, according to a statement on Thursday.
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Business
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Markets & Companies
11/9/2023 4:03:20 PM
The Egyptian Exchange (EGX) continued its positive performance for the third day in a row, and the main index broke all records on Thursday, ending over 24,300 points. In contrast, gold prices dropped today and the 24-carat lost EGP 51 per gram.
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Business
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Markets & Companies
11/8/2023 4:39:31 PM
The Egyptian Exchange (EGX) main index EGX30 reached an all-time high on Wednesday, helping the market cap gain EGP 35 billion. Gold prices continue rising today and the 24-carat reached EGP 3,000 per gram.
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Business
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Economy
11/8/2023 4:00:00 PM
Egypt’s major tobacco producer Eastern Company raised the prices of its products to absorb part of the rising costs of production inputs after the devaluation of the Egyptian pound, the company’s Chairman Hany Aman told Ahram Online on Wednesday.
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Business
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Markets & Companies
11/7/2023 10:00:00 PM
Benchmark US crude oil for December delivery fell $3.45 to $77.37 per barrel Tuesday. Brent crude for January delivery fell $3.57 to $85.61 per barrel.
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Business
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Markets & Companies
11/7/2023 7:03:53 PM
The Assay and Weights Administration (AWA) of Egypt is planning to hold its first electronic auction for gold and silver, scheduled to take place next week.
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Business
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Economy
11/7/2023 4:42:07 PM
Egypt is considering purchasing tea from Kenya through barter trade instead of tapping into its dwindling reserve of US dollars, said Kenyan Treasury Secretary Njuguna Ndung’u.
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Business
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Markets & Companies
11/7/2023 3:43:35 PM
The Egyptian Exchange (EGX) indices surged at the end of Tuesday’s session, and the main index approached its historic high. Gold prices inched higher.
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War on Gaza
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War on Gaza
11/7/2023 11:16:47 AM
Energy giant Saudi Aramco on Tuesday posted a 23-percent year-on-year drop in profits for the third quarter, the result of lower oil prices and production cuts.
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Business
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Markets & Companies
11/7/2023 12:28:24 AM
Benchmark US crude oil for December delivery rose 31 cents to $80.82 per barrel Monday. Brent crude for January delivery rose 29 cents to $85.18 per barrel.
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Business
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Markets & Companies
11/6/2023 3:11:01 PM
The Egyptian Exchange (EGX) indices closed Monday with mixed performance. Gold prices inched higher and the golden pound coin amounted to EGP 20,720 for purchase.
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Business
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Markets & Companies
11/5/2023 5:39:14 PM
The Egyptian Exchange (EGX) started with week with a positive performance, with the main index gaining nearly 455 points. Gold prices edged higher and the gold pound coin inched higher by EGP 80.
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Business
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Economy
11/5/2023 12:05:19 PM
Egypt's recent decision to raise fuel prices is expected to have far-reaching consequences on inflation rates, according to economic experts who spoke to Ahram Online.
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