Economy

Oil price jumps on fear of Iranian retaliation against US

Oil price jumps on fear of Iranian retaliation against US

LONDON (AP) — The price of oil surged Friday on concerns that Iran might respond to the killing of its…
Egypt begins exports to 12 new foreign markets in 2018/2019

Egypt begins exports to 12 new foreign markets in 2018/2019

Egyptian crops entered 12 new foreign markets in the year 2018/2019, and the government succeeded in lifting bans and additional…
Egypt’s current production numbers should stabilize tomato prices through Spring: Agriculture Ministry

Egypt’s current production numbers should stabilize tomato prices through Spring: Agriculture Ministry

Egypt’s Agricultural Ministry said on Tuesday that production numbers for tomatoes grown in the country should mean that prices will…
Egypt utilizes opportunities to increase energy resources: Minister

Egypt utilizes opportunities to increase energy resources: Minister

Egypt’s Minister of Electricity and Renewable Energy Mohammed Shaker said on behalf of Prime Minister Mostafa Madbouly, at the opening of…
Egypt announces winners of 1st international bid for oil, gas exploration in the Red Sea

Egypt announces winners of 1st international bid for oil, gas exploration in the Red Sea

Egypt’s Minister of Petroleum and Mineral Resources Tarek al-Molla announced on Sunday the results of the first international bid round…
Sisi holds meeting with journalists on economy, regional issues

Sisi holds meeting with journalists on economy, regional issues

Egyptian President Abdel Fattah al-Sisi met with a number of newspaper editors and media personalities on the sidelines of the…
Facing US trade uncertainty, China seeks closer ties with neighbours

Facing US trade uncertainty, China seeks closer ties with neighbours

China made overtures on trade to Japan and South Korea and offered support for an infrastructure initiative as it hosted…
US dollar exchange rate in Egypt declines under LE16 mark

US dollar exchange rate in Egypt declines under LE16 mark

The US dollar exchange rate made a new record decline against the Egyptian pound, falling below the LE16 mark for…
Egypt’s Investment Minister, US delegation discuss boosting American investments in Egypt

Egypt’s Investment Minister, US delegation discuss boosting American investments in Egypt

Egyptian Minister of Investment and International Cooperation Sahar Nasr met on Monday with a delegation from the United States Senate…
Saudi Aramco gains 10% in debut to clinch top seat at $1.8T

Saudi Aramco gains 10% in debut to clinch top seat at $1.8T

RIYADH, Saudi Arabia (AP) — Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market…
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