Economy

A move by British oil and gas company BG International to buy a stake in Cyprus' offshore mineral deposits is…

The price of Brent oil held steady at about US$43 per barrel Monday; however, the bearish outlook remains strong in…

Egypt's market incurred heavy losses on Monday, with the benchmark index EGX30 dropping by 2.36 percent, reaching 6,451 points and…

Egypt's central bank said on Monday it had sold $1.77 billion in one-year treasury bills at an average yield of…

Mashreq Petroleum, a subsidiary of Qalaa Holdings, is in negotiations with the General Authority of the Suez Canal Economic Zone…

Orascom Construction Ltd , listed in both Cairo and Dubai, posted third-quarter net income of $24.5 million, the engineering and…

Egypt's largest car assembler and distributor GB Auto says it is pushing ahead with its expansion plans despite a dollar…

Egypt's stock market closed in the green zone for the third session in a row, as the benchmark EGX30 index…

Egypt's central bank kept the pound steady at LE7.7301 to the dollar at its official foreign currency auction on Sunday,…

Low oil prices could lead to global fuel shortages in the future, the International Energy Agency has warned. The IEA said…