Economy

Stock markets picked up on Friday after a day of losses in Asia and following Wall Street’s heavy sell-off the…

Egypt’s Ministry of Electricity and Renewable Energy has offered several tips on how to reduce electricity consumption from air conditioning…

Exchange rates between the US dollar and the Egyptian pound decreased on Wednesday, following a week-long rise in the value…

Egyptian Electricity Minister Mohamed Shaker during a press conference on Tuesday announced the annual increases in electricity prices for domestic…

Chairperson of the National Bank of Egypt (NBE) Hisham Okasha announced that the bank has donated LE 20 million to…

TEL AVIV (Reuters) — Israel’s Finance Ministry said on Monday it does not see a reason to oppose the proposed…

DUBAI/LONDON/MOSCOW (Reuters) — Saudi Arabia will boost output in July to match its output OPEC quota while ending voluntary deeper…

The European Bank for Reconstruction and Development (EBRD) has agreed to provide US$100 million in funding to the National Bank…

Egypt has reached a staff-level agreement with the International Monetary Fund (IMF) for a 12 month US$5.2 billion Stand-By Arrangement…

FRANKFURT, Germany (AP) — The European Central Bank has boosted its pandemic emergency support program by an unexpectedly large 600…