Business

Egypt's central bank kept the pound steady at E7.53 to the dollar at a foreign exchange auction on Wednesday, while…

Royal Dutch Shell agreed to buy smaller rival BG Group for $70 billion (47 billion pound) in the first major…

Seventeen resorts in Marsa Alam and al-Qusayr, the Red Sea, out of 72 resorts have closed due to financial obstacles,…

Egypt’s Finance Ministry has approved a number of amendments to the executive regulations of the income-tax law to accommodate for…

Egypt's market recovered on Tuesday's session in, with benchmark index EGX30 increasing 2.45 percent, reaching 8,716.37 points and a LE409.4…

Ahmed al-Hanafy, head of the Egyptian Electricity Transmission Company, declared on Tuesday that a contract had been signed to expand…

The Egyptian Exchange (EGX) is coordinating with three new companies belonging to the petroleum sector to become listed on the…

Egypt’s three mobile phone service operators have accused the country’s sole landline phone operator, Telecom Egypt, of causing them to lose their…

Brent crude prices fell almost US$1 a barrel on Tuesday, with an Iranian delegation in Beijing this week to push…

Emaar Misr, the Egyptian unit of Dubai developer Emaar Properties, said on Monday investors would vote later this month on…