Business

Orascom Construction posted a net profit of $23 million in the first quarter of 2016, up significantly from $5.8 million…

For those seeking guidance on Saudi Arabia's thinking regarding the future of OPEC, the last few weeks' agenda of the…

Egypt's air accidents chief said on Thursday that a vessel provided by French company ALSEAMAR, which specializes in marine wreckage…

Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months as a…

Switzerland will implement a new law in July to help seize and repatriate illicit wealth parked in its banks by…

OPEC's thorniest dilemma of the past year - at least from a purely oil standpoint - is about to disappear.Less…

The Central Bank of Egypt (CBE) is to print LE 500 million of one pound banknotes by the beginning of…

In an effort to tap into unused public sector assets, Prime Minister Sherif Ismail held a meeting Tuesday over plans to…

The operations of Italian oil and gas major Eni in Egypt have suffered no impact from the killing of Italian…

Brent oil prices fell for a fourth consecutive session on Monday after Iran insisted it would not freeze crude output,…