Economy

EFG Hermes, one of the Middle East's largest investment banks, confirmed early signs for the recovery of the Egyptian economy…

EFG-Hermes expects a new era of depressed oil prices and a stuctural shift in global supply and demand balances, according…

Israel's offshore Tamar gas field may get a $1.5-$2 billion upgrade, including the construction of an underwater pipeline to an…

The Egyptian pound was flat at a central bank dollar sale on Wednesday but was volatile on the black market…

Finance Minister Hani Qadri Demian said housing units of children will be exempted from the real estate tax if the…

Investment Minister Ashraf Salman said in an interview that the government assigned a new consulting house (WPP) to prepare for…

Several of Egypt's major cement producers have begun retrofitting their plants to run on energy from imported coal, beating high…

A number of online marketers have demanded legislative regulation for their business, noting that Egypt remains among the Middle East’s…

Fears of market dumping by Chinese, Turkish and Ukrainian steel products have dominated the 2014 Arab Steel Summit currently held…

Mohamed al-Nawawy, managing director and executive chief of Telecom Egypt, said the company applied in August 2009 for a mobile…