Economy

As Wall Street wraps up its flattest year since 2011, investors will have to deal with many of the same…

Egypt's central bank kept the pound steady at 7.7301 pounds to the dollar at its official foreign currency auction on…

Global stocks were mixed in thin trading Thursday after the latest decline in oil prices pulled Wall Street lower. Markets…

Egypt and Saudi Arabia will sign 12 memorandums for Saudi investments in Cairo as a joint committee by both countries…

Egypt's current account deficit more than doubled to US$4 billion in the first quarter of its financial year as tourism…

Dec 30 Saudi Arabia's stock index moved sideways early on Wednesday as a negative reaction to austerity measures in the…

Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of…

Saudi Arabia's planned cuts in spending and energy subsidies signal that the world's largest crude exporter is bracing for a…

The US dollar gained against the euro on Tuesday after greater risk appetite hurt demand for the shared currency and…

The government, through the Investment Ministry, is apparently going through a backdoor to privatization policies by expanding in selling lands…