Economy

The US dollar continued its rise against the Egyptian pound in the banks for the second consecutive day on Monday,…

Egyptian banks have attracted some US$3 billion since Egypt took the dramatic step of floating its pound earlier this month,…

Dr Adela Ragab, economic advisor to the Minister of Tourism, said the ministry is considering reviving the idea of the…

Egypt will issue a US$1.6 billion one-year Treasury Bill, the central bank said on Sunday. It said the settlement date for…

The Egyptian pound weakened significantly on Sunday as banks scrambled to meet a surge in demand for dollars and the…

Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting and said crude prices could jump…

Chinese state media warned U.S.

Volkswagen does not expect the German government to make tax demands to cover revenue losses related to the carmaker's diesel…

Egypt’s Prime Minister Sherif Ismail has issued a decree exempting white sugar imported from 10 November, 2016 to 30 May,…

Over 50 leading businesspeople including partners and associates of Egypt’s most leading law firms have come together under one roof…