Business

The balance of foreign currency reserves recorded its highest level since March 2011 reaching about US$28.5 billion, while the volume…

US stocks were flat on Monday, with investors awaiting the earnings season to justify high valuations, and, more immediately, the…

The dollar exchange rates in banks stabilized on Monday morning after it surpassed the LE18 mark on March 14. According to the latest…

Two major lenders in the United Arab Emirates, the First Gulf Bank and the National Bank of Abu Dhabi, have…

Etihad Airways' bookings to the United States are healthy despite last month's introduction of a ban on most electronics from…

Iraq's oil minister says the country plans to increase daily crude oil production to 5 million barrels by the end…

Toyota Motor Corp. on Thursday said it was recalling a total of about 2.9 million vehicles in Japan, China, Oceania…

Deputy Minister of Finance, Amr al-Mounir, announced that the estimated tax returns for the current season amounted to one billion…

Minister of Finance Amr al-Garhy expects inflation rates to decline later this year, in November and December, adding that the…

The government is considering increasing subsidies on ration cards by 29 percent to LE27 (US$1.5) a month in the next…