Economy

The Egyptian pound held steady at an official foreign currency auction on Sunday and strengthened slightly on the black market Egypt,…

Egypt's top cigarette maker Eastern Company on Sunday revised its fiscal 2014/15 net profit to LE1.27 billion (US$162.20 million) versus…

Egypt's Pioneers will offer to buy 100 percent of its subsidiary Universal Co for Packaging Materials and Paper for LE7.5…

Egypt is looking to increase exports to Russia by 15 percent in the coming year, eyeing an opportunity to take…

Egypt revised its GDP target for the current fiscal year to 5.5 percent from 5 percent on Saturday and said…

Goldman Sachs said on Friday that oil prices will likely remain "lower for even longer," as OPEC members failed to…

Egyptian tycoon Nassef Sawiris has formed a partnership with US investor Mason Hawkins and his colleagues at Southeastern Asset Management…

The Organization of Petroleum Exporting Countries has decided to postpone its official production quota until its next meeting in June,…

Oil prices rose in Asia Friday as traders hedged their bets ahead of a meeting of the OPEC cartel whose…

The European Bank for Reconstruction and Development (EBRD) arranged a syndicated loan, consisting of a loan facility of up to…