Economy

Oil steadied on Wednesday as Chinese crude imports fell to a one-year low, but losses were offset by investor caution…

Egyptian billionaire businessman Naguib Sawiris said Tuesday that he wants to open a private bank in Egypt. “If the Governor of…

Saudi Arabian banks have frozen more than 1,200 accounts belonging to individuals and companies in the kingdom as part of…

Egypt recorded its highest level of foreign reserves in its history, Egypt’s Central Bank announced on Sunday, climbing from $36.535 billion at…

Petroleum Minister Tarek al-Mulla reiterated on Thursday that the Cabinet does not plan to raise the prices of petroleum products…

Egypt has paid off the final installment, worth $200 million, of a $1 billion loan it took out from Turkey…

A global body for Islamic finance will prioritize wider adoption of its standards by engaging national regulators in key markets,…

Correction: Name of the airliner was changed to YanAir, from RyanAir. Marsa Alam airport received the first YanAir flight out of…

Governor of the Central Bank of Egypt (CBE), Tarek Amer, met held a meeting with bank heads, along with his…

The US dollar to Egyptian pound exchange rate maintained its prices within the banking sector on Sunday. According to latest…