Business

  The dollar dropped against the pound by about eight piasters on Monday after the Central Bank of Egypt (CBE) adopted a…

Egypt's central bank cancelled an auction of foreign currency on Sunday and said it would announce details of upcoming auctions…

State revenues jumped by 31 percent during the first half of the fiscal year 2012/2013, reaching LE153 billion as compared…

As money sent home from Egyptians abroad reaches a record level, President Mohamed Morsy and his government have pinpointed this…

The country is not experiencing a shortage of gasoline or diesel fuel, the Petroleum Ministry announced on Thursay. In a…

The local stock market made some gains on Thursday from yesterday's session, with the main EGX30 index up .55 percent.…

Egypt's consultations with the International Monetary Fund is on-going at all levels, said Finance Minister Morsy Hegazy said on Thursday,…

Minister of Petroleum and Mineral Resources Osama Kamal said Egypt is using only five percent of its mineral resources due…

The Suez Canal Authority said Thursday it would increase fees up to 5 percent for the vital waterway as of…

In an economic environment that is both short on capital and optimism, a small but hardy group of startup enterprises…