Economy

Egypt's central bank raised its key interest rates by 100 basis points on Thursday to their highest levels in years,…

Egypt's EFG Hermes said on Thursday that its renewable energy platform, Vortex, had bought a 49 percent stake in an…

Nigeria's central bank said on Wednesday it would begin "purely" market-driven foreign currency trading next week, abandoning its 16-month peg…

The global oil market will reach the balance of supply and demand by the end of the year, BP head…

Iran has filed a formal complaint with the International Court of Justice to recover nearly $2 billion in assets frozen…

As young people across the Middle East grapple with a lack of employment, a growing number of Egyptian entrepreneurs are…

Egypt's efforts to stamp out illicit currency trading is pushing black market dealers to carry out transactions abroad, beyond the…

The Paris-based International Court of Arbitration has ruled that Egypt's state gas board EGAS will not have to pay a…

China's state-owned currency marketplace said on Sunday it was preparing to open branches in London and New York as part…

Microsoft Corp agreed to buy LinkedIn Corp for US$26.2 billion in its biggest-ever deal, combining the software giant's fast-growing cloud…