Business

Egypt and Saudi Arabia will sign 12 memorandums for Saudi investments in Cairo as a joint committee by both countries…

Egypt's current account deficit more than doubled to US$4 billion in the first quarter of its financial year as tourism…

Dec 30 Saudi Arabia's stock index moved sideways early on Wednesday as a negative reaction to austerity measures in the…

Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of…

Saudi Arabia's planned cuts in spending and energy subsidies signal that the world's largest crude exporter is bracing for a…

The US dollar gained against the euro on Tuesday after greater risk appetite hurt demand for the shared currency and…

The government, through the Investment Ministry, is apparently going through a backdoor to privatization policies by expanding in selling lands…

Yields on Egypt's Treasury bonds rose only modestly at an auction on Monday, shrugging off an official rate rise, and…

Oil fell more than 3 percent on Monday, with global benchmark Brent back near 11-year lows as last week's short-covering…

By all rights, 2016 should be a good year for the US stock market. The Federal Reserve's recent rate hike signals…