Economy

Crude oil futures pared gains on Monday after top producers Russia and Saudi Arabia said they have agreed to cooperate…

Egypt's General Authority for Supply Commodities (GASC) purchased on Sunday 50,000 tonnes of Brazilian raw sugar, GASC vice chairman Ahmed…

Egypt's net foreign reserves rose to US$16.564 billion at the end of August, the Central Bank of Egypt (CBE) said…

Russian Economy Minister Alexei Ulyukaev said on Sunday President Vladimir Putin and his Turkish counterpart Tayyip Erdogan had agreed to…

The board of Egypt's top cigarette maker, Eastern Company, approved a capital hike of 750 million Egyptian pounds (US$84 million)…

The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese President Xi Jinping…

The Chinese government said on Friday it was investigating two high-profile takeover proposals involving US companies, the latest sign of its…

Multinationals like coffee chain Starbucks and online retailer Amazon pay less tax in Austria than one of the country's tiny…

The Italian petroleum company Eni has announced the successful drilling of its fifth well in the super-giant Zohr gas field…

Public Prosecutor Ahmed Sadeq has ordered the release of Ibrahim Hatab, a wheat silo owner charged in connection with corruption…