Economy

Egypt's HC Securities is working on acquisitions in Egypt worth more than LE5 billion (US$638.6 million) this year, Chairman Hussein…

Egypt's second-largest state lender, Banque Misr, expects to receive a $100 million loan from China Development Bank in February to…

The Egyptian pound held steady against the dollar at an official foreign currency auction on Tuesday but strengthened on the…

Privately owned Egyptian Leisure Airlines will sign a multi-million dollar deal in Cairo on Tuesday to buy four jets from…

European wheat prices fell to new contract lows on Monday after a move by Egypt's state grain buyer to reject…

Magdy Abdel Aziz, head of the Egyptian Customs Authority, said that President Abdel Fattah al-Sisi’s decision to order an increase…

British energy giant BP said Tuesday that it slumped into a vast loss in 2015, ravaged by the dramatic collapse…

Egypt plans to launch an agricultural-focused commodities trading exchange, the first of its kind in the Middle East, by the…

The Housing Ministry signed four financing contracts worth LE3 billion to boost liquidity for financing the construction of a million…

Petroleum Minister Tareq al-Molla signed a new agreement for excavating petroleum and natural gas in the Gulf of Suez with…