Economy

Economy

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Egypt's market extended its heavy losses on Wednesday's session, as the benchmark EGX30 index fell 2.13 percent, recording 7,240.77 points and a turnover of...

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Egypt will issue a 1-year treasury bill worth 600 million euros to local and foreign financial institutions on Aug. 25, the central bank said...

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Saudi Arabia's stock market appeared to be stabilising in early trade on Wednesday but Egypt's bourse fell further after moving below an important technical...

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Oriental Weavers, the world's biggest machine-woven carpet maker, said on Wednesday it was not engaging in monopolistic practices, a day after Egypt's watchdog accused...

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The Finance Ministry’s public treasury issued gold medals commemorating the new Suez Canal last week that have been minted by the Egyptian Mint Authority (EMA).   Prior...

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Egypt's competition watchdog has accused carpetmaker Oriental Weavers of "monopolistic practices" and has referred it to the public prosecutor. It could be fined up to...

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Gulf stock markets may face more pressure on Tuesday after oil prices fell again and global equities slipped. Brent oil futures hit a six-month closing...

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A roundtable will be held Tuesday at the international business center of the Smart Village with member states of the North American Free Trade...

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Egypt's market closed in the red zone on Monday's session, as the benchmark EGX30 index went down 0.42 percent, recording 7,594.05 points and a...

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Reducing Internet prices could ensure an increase in the number of customers served to over 50 percent of the population by the end of...