Economy

Egypt will submit within two or three days a letter of intent to the International Monetary Fund for a $12…

Egypt will delay plans to rent a third liquefied natural gas import (LNG) terminal for one month, until the ministry…

Egypt petroleum ministry denied Reuters report on Minister Tarek El Molla visiting Iran for oil talks after Saudi Aramco suspended…

The US dollar has reached a new level, being sold at LE16 at Egyptian banks on Sunday, as banks began…

Egypt's currency devaluation may eventually bring foreign money into the country, but fund managers say uncertainty about the economy means…

Two days after Egyptian pound devaluation, banks working in Egypt started to review restrictions on the use of credit and…

Telecommunications firm CenturyLink Inc said it would sell its data centers and colocation business to a group of funds for…

Agricultural Bank of China Ltd (601288.SS) ABOC.UL will pay a $215 million penalty for violating New York state's anti-money laundering…

Samsung Electronics Co Ltd, already reeling from a global recall of its Note 7 smartphones, said on Friday it would…

With marijuana legalization measures on the ballot in nine states Tuesday, investment opportunities are attracting money from Wall Street, Silicon…