Economy

Uber has agreed to pay up to US$100 million to settle a class-action lawsuit which resolves a major challenge to…

Egypt's war on black market currency traders is not going to plan. One month after a devaluation that was supposed…

A Cairo Court ruled in favour of Commercial International Bank (CIB) on Wednesday, pushing through the sale of shares in…

The Egyptian pound weakened on the parallel market on Tuesday reaching LE11 against the dollar at a time when Egypt's…

Volkswagen AG and US officials have reached a framework deal under which the automaker would offer to buy back almost…

Kuwaiti oil and gas workers have ended a three-day strike that had temporarily cut the OPEC member's crude production by…

Egypt has agreed with Italy's Eni to begin production of one billion cubic feet per day of gas at the…

Eleven new petroleum excavations in the western desert and Suez will be revealed by the end of April, according to…

Egypt plans to launch a new oil exploration round next week, offering 11 blocks in the Western desert and the…

Oil prices rose on Tuesday as an oil workers strike in Kuwait nearly halved crude production from the OPEC member,…