Economy

The Central Bank of Egypt (CBE) stated on Tuesday that the bank’s working hours during Ramadan will start at 9:30…

Standard & Poor’s (S&P) global ranking lifted Egypt sovereign credit rating to B from B-, citing the country’s progress of…

Italian gas company Eni announced it has begun operating its third production unit in Zohr gas field. The move will…

Egypt approved a USD $105 million exploration agreement with Italy’s Eni and the Egyptian Tharwa company to search in the Mediterranean for…

Egypt and Mexico announced on Tuesday the establishment of the Egypt-Mexico Business Council, an entity formed of companies that operate…

The Harvard Center for International Development forcasted that Egypt will be the third country that will achieve highest growth rates…

Minister of Finance Amr al-Garhi stated on Sunday that the Egyptian government is working on a medium-term plan to cut…

Air France KLM (AIRF.PA) shares slumped on Monday after the company’s chief executive said he would resign following the rejection…

Egypt will have to deepen its IMF-backed reforms and better encourage private sector growth if it wants to cash in…

Egyptian tycoon Naguib Sawiris turned half of his 5.7 billion net worth into gold, reported financial newspaper Bloomberg. Sawiris admitted…