Business

The Central Bank of Egypt (CBE) said on Thursday it would not impose restrictions on the exchange of foreign currencies. "There…

Egypt's central bank floated the pound on Thursday, devaluing by 47.7 percent to an initial guidance level of 13 pounds…

Petroleum Minister Tareq al-Molla announced on Monday an agreement with Iraq to import Basra crude oil for refining in Egypt,…

The Egyptian pound rose by LE2 against the US dollar on the black market on Tuesday, apparently strengthened by a…

Gold mining company Centamin has announced an agreement on sharing revenues from Sukari gold mine with the Egyptian government after…

The strategic reserves of subsidized goods will cover a period of between four and six months, said Supply Minister Mohamed…

Business is grinding to a near-halt in Egypt as companies struggle to keep pace with a rapid slide in the…

The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced a 41 percent decline in the total number of…

Gold prices rose on Sunday, with a pound of gold valued at LE5,040, while a gram of 24-carat gold cost…

Egypt has reached a currency swap agreement with China valued at $2.7 billion, according to a Central Bank of Egypt…