Business

  The government has ordered a controversial 130 percent increase in the price of diesel fuel for industry put on…

The state budget deficit climbed to LE80.7 billion (US$13.1 billion) in the first five months of the 2012/2013 fiscal year,…

The Central Bank of Egypt has been making headlines recently, not least of which due to the dire state of…

Egyptian President Mohamed Morsy will have little time to savor victory in pushing through a new constitution as it may…

In voting for or against the draft constitution this week, Egyptians are determining what principles will guide their leaders in…

Egyptian banks have resorted to drawing on balances from abroad to meeting the growing domestic demand for US currency in…

A recent government hike in electricity prices means Egyptians will soon be paying more to switch on a lamp or…

The Egyptian Stock Exchange rose on Thursday after the announcement of positive news related to the economy. This, combined with…

Egyptian stock indexes fell in early trading on Thursday, but later reversed the downward trend to end the week in…

Dubai lender Emirates NBD, the largest bank in Dubai, agreed to purchase the Egyptian arm of French bank BNP Paribas…