Economy

Oil prices rose on Monday following comments from the Saudi energy minister that the market was heading towards balance, although…

The Bank of Israel bought "hundreds of millions" of dollars of foreign currency on Monday, dealers said, after the shekel…

Egypt has reduced the arrears it owes foreign oil companies to US$3.4 billion in 2015/16 from $3.5 billion a year…

Egypt's Supply Minister said on Sunday a re-count of wheat in privately held silos would be finished in less than…

Egypt's current account deficit almost doubled in the first nine months of 2015/16 to US$14 billion from $8 billion in…

The government is negotiating with the United Arab Emirates a US$500 million non-refundable grant to finance several developmental projects, including…

Egypt has returned to Qatar US$1 billion deposited by the Gulf state to help prop up the Egyptian central bank's…

The British offshore wind industry, already bruised by subsidy changes, faces uncertainty after Britain voted to leave the European Union,…

Nigeria has signed oil and gas infrastructure agreements worth $80 billion with Chinese companies, the West African country's state oil…

Tarek Amer, governor of the Central Bank of Egypt (CBE), said on Thursday that there was no change to the…