Business
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Economy
12/24/2023 3:36:03 PM
The Egyptian Exchange (EGX) indices tumbled at the first session of the week and the market cap lost EGP 18 billion.
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Business
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Economy
12/21/2023 10:23:57 PM
Benchmark U.S. crude oil for February delivery fell 33 cents to $73.89 per barrel Thursday. Brent crude for February delivery fell 31 cents to $79.39 per barrel.
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Business
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Economy
12/20/2023 4:24:11 PM
Dahab Masr projects that the price of 21-carat gold in Egypt will cross EGP 3,000 before mid-2024, as indicated in a technical analysis report released by the company on Wednesday.
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Business
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Markets & Companies
12/20/2023 3:57:18 PM
The Egyptian Exchange (EGX) ended Wednesday in the red, marking the second loss in a row. Gold, on the other hand, soared with the price of the 24-carat gram approaching a new peak of EGP 3,400.
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Business
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Economy
12/20/2023 1:52:10 PM
The attack against ships in the Red Sea and speculation regarding potential interest rate cuts by the Federal Reserve pushed oil prices higher after reaching the lowest level in six months, according to Kamco Invest’s Oil Market Monthly Report released on Wednesday.
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Al-Ahram Weekly
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Economy
12/19/2023 5:56:24 PM
A year of trials and errors and then the war on Gaza. Niveen Wahish reports on the way international events have impacted the Egyptian economy
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Business
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Markets & Companies
12/19/2023 3:23:37 PM
The Egyptian Exchange ended in the red territory on Tuesday after two green sessions in a row. On the other hand, gold prices jumped.
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Business
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Markets & Companies
12/18/2023 11:39:11 PM
Benchmark US crude oil for January delivery rose $1.04 to $72.47 per barrel Monday. Brent crude for February delivery rose $1.40 to $77.95 per barrel.
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Business
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Energy
12/18/2023 10:52:42 PM
Oil prices shot up three percent Monday as more companies suspended shipping through the Red Sea following attacks on vessels by Yemen's Iran-backed Houthi rebels.
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Business
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Markets & Companies
12/18/2023 4:14:50 PM
The Egyptian Exchange (EGX) indices closed Monday in the green territory, marking the second positive session in a row, while the market cap gained EGP 28 billion.
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Business
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Economy
12/15/2023 2:01:42 PM
Ahram Online picked the brains of two financial experts on why prices are still rising in Egypt despite recent official data showing that inflation rates reached a six-month low during November.
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Business
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Markets & Companies
12/14/2023 4:40:15 PM
Despite the slight decline in the main index, the Egyptian Exchange’s (EGX) market cap gained EGP 5 billion on Thursday, supported by the increase in both the EGX70 and EGX100 indices.
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Business
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Markets & Companies
12/13/2023 4:04:42 PM
The Egyptian Exchange (EGX) rebounded on Wednesday after three sessions of decline and fluctuations, and the market cap gained EGP 57 billion.
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Business
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Markets & Companies
12/12/2023 10:39:27 PM
Benchmark US crude oil for January delivery fell $2.71 to $68.61 per barrel Tuesday. Brent crude for February delivery fell $2.79 to $73.24 per barrel.
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Business
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Economy
12/12/2023 4:39:19 PM
Egypt’s strategic sugar reserves can cover local consumption needs for nearly 7.8 months, Minister of Supply and Internal Trade Ali Moselhi revealed in a press conference on Tuesday.
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Business
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Markets & Companies
12/12/2023 4:10:03 PM
The Egyptian Exchange (EGX) indices achieved mixed performance on Tuesday after ending in the red territory for two consecutive sessions, while gold prices slightly increased.
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Business
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Markets & Companies
12/11/2023 10:45:02 PM
Benchmark US crude oil for January delivery rose 9 cents to $71.32 per barrel Monday. Brent crude for February delivery rose 19 cents to $76.03 per barrel.
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Egypt
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Society
12/11/2023 9:19:07 PM
Egypt's Prime Minister Mostafa Madbouly extended a ban on onion exports until 30 March 2024, during a Monday meeting with relevant ministers on efforts to control commodity prices.
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Business
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Economy
12/11/2023 6:51:37 PM
Egypt's Prime Minister Mostafa Madbouly has called for regular reports on sugar prices in markets, following the Ministry of Supply's distribution of thousands of tons of sugar across various governorates, according to a statement on Monday.
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Business
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Markets & Companies
12/11/2023 3:30:57 PM
The Egyptian Exchange (EGX) indices ended all in red for the second consecutive session on Monday and the market cap lost EGP 12 billion. Gold prices suffered a marginal decline.
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