Economy

Egyptian pound steady at dollar sale, stronger on parallel market

Egyptian pound steady at dollar sale, stronger on parallel market

The Egyptian central bank kept the pound steady at a dollar sale on Thursday, but the currency strengthened on the…
Chambers of Commerce request revision of Central Bank decisions

Chambers of Commerce request revision of Central Bank decisions

Ahmed al-Wakil, head of the General Union of Chambers of Commerce, said foreign companies operating in Egypt are unable to…
MIDEAST STOCKS: Gulf may consolidate on oil; c.bank switch could aid Egypt

MIDEAST STOCKS: Gulf may consolidate on oil; c.bank switch could aid Egypt

Gulf stock markets may consolidate on Thursday because of worries about the impact of low oil prices on economies, while…
BP to invest in three new exploration blocks in Egypt

BP to invest in three new exploration blocks in Egypt

BP Plc said on Wednesday it had been awarded three new offshore exploration blocks in Egypt and that it and…
Low oil prices, turmoil keeps Mideast growth ‘subdued’: IMF

Low oil prices, turmoil keeps Mideast growth ‘subdued’: IMF

The International Monetary Fund said Wednesday a fall in oil prices and deepening turmoil in parts of the Middle East…
Egypt’s market gains LE1.5 bn on Wednesday, EGX30 inches up 0.13%

Egypt’s market gains LE1.5 bn on Wednesday, EGX30 inches up 0.13%

Egypt's stock market closed in the green zone for the third session in a row, as the benchmark EGX30 index…
Energy demand will rise 50 pct by 2030, UN official says

Energy demand will rise 50 pct by 2030, UN official says

More fertile lands will be needed as the global demand for food, water and energy will increase with population growth,…
Japan export growth slows sharply, raising fears of recession

Japan export growth slows sharply, raising fears of recession

Japan's annual export growth slowed to a crawl in September as shrinking sales to China hurt the volume of shipments,…
Amer Holding Group, Porto Holding to start trading on Egyptian stock exchange on Thursday

Amer Holding Group, Porto Holding to start trading on Egyptian stock exchange on Thursday

The two companies created by the long-mooted demerger of Egyptian real estate company Amer Group will start trading on the…
Back to top button