Economy

Euro zone lending inches up but money supply growth slows

Euro zone lending inches up but money supply growth slows

Lending to euro zone households and corporations inched up in August but the pace of growth in money circulating in…
Eni’s winning gas streak leaves competition chafing

Eni’s winning gas streak leaves competition chafing

Eni's giant Zohr gas find in Egypt this month, a gamble taken under the noses of competitors, marked the Italian…
Oil prices stable after slide

Oil prices stable after slide

The global oil market held firm on Thursday after sliding in the previous session in response to rising US oil…
FAO ready to help Egypt reclaim 1.5 mn feddans

FAO ready to help Egypt reclaim 1.5 mn feddans

The UN Food and Agriculture Organization (FAO) is primarily ready to provide Egypt with all possible support to help it…
Egypt’s market gains LE1.7 bn on Tuesday, EGX30 rises 0.8 %

Egypt’s market gains LE1.7 bn on Tuesday, EGX30 rises 0.8 %

Egypt's stock market closed in the green zone in Tuesday's session, as the benchmark EGX30 index rose 0.84 percent to…
Egyptian pound steady at dollar sale, weaker at exchange bureaus

Egyptian pound steady at dollar sale, weaker at exchange bureaus

 The Egyptian pound held steady by the central bank at a dollar sale on Tuesday, where $37.8 million was sold…
Chinese imports crush local shoe-making industry in lead-up to Eid

Chinese imports crush local shoe-making industry in lead-up to Eid

Struck with workforce shortages and overwhelmed by cheaper imports, Egypt’s local shoe-making industry is suffering, unable to tap into the…
Indian market opened to Egyptian onion: Agriculture Ministry

Indian market opened to Egyptian onion: Agriculture Ministry

The Ministry of Agriculture and Land Reclamation announced an increase in the volume of Egypt's exports of onion to India,…
MIDEAST STOCKS: Gulf markets may consolidate before Eid

MIDEAST STOCKS: Gulf markets may consolidate before Eid

Gulf stock markets may consolidate on limited trading volume on Tuesday before closing for the rest of the week for…
Egypt’s market gains LE1.3 bn on Monday, EGX30 rises 0.7 %

Egypt’s market gains LE1.3 bn on Monday, EGX30 rises 0.7 %

Egypt's stock market closed in the green zone in Monday's session, as the benchmark EGX30 index rose 0.71 percent to…
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