Economy

China's gross domestic product (GDP) totaled more than US$10 trillion in 2015 and the economy grew by around 7 percent,…

Egypt is planning to ask for a Chinese loan worth between LE7-8 billion to finance upgrades to its electricity network,…

Egypt’s stock market exchange’s benchmark index EGX 30 significantly retreated by 5.6 per cent, reaching 5,857 points on Thursday. The main…

Middle East bourses fell sharply on Thursday as investors cashed out after Brent crude oil slipped below $30 a barrel…

Egypt aims to reduce its import bill by 25 percent in 2016 compared to the previous year after the central…

Egypt’s Suez Canal revenues dropped by 5.3 percent in 2015 to US$5,175 billion, down from US$5,465 billion, Suez Canal Authority…

Money transfers from Egypt to China via Western Union have been curbed in recent weeks to stop importers bypassing capital…

US oil stumbled below US$30 for the first time in 12 years to levels that threaten the survival of many…

Egypt's El Sewedy Electric's shareholders agreed to issue one Egyptian pound ($0.1277) in dividends for the first nine months of…

Banque Misr's president lauded a program launched by the the Central Bank of Egypt (CBE) on Sunday that seeks to…