Business

Egypt’s Salafis are branching out into business, bringing their ultraconservative teaching of Islam into the world of modern finance.  …

 

Suez Canal Authority President Mohab Mamish said on Wednesday that the canal made record revenue of US$34.5 million in just…

Egypt's leaders continued negotiations with an IMF delegation for a US$4.8 billion loan this week, sorting out the details of…

The Petroleum Ministry on Tuesday said it is studying an increase in the gas supplies to Jordan as of mid-November.…

The government is considering increasing water prices for homes, industrial and commercial facilities to match the market price, in a…

Egyptian group Orascom Construction Industries has stopped production at three fertilizer lines after the state gas company cut off supplies…

The International Monetary Fund will make its final decision on Egypt's request for a US$4.2 million loan within 10 days…

The foreign reserves rose by US$441 million in October, the Central Bank of Egypt said on its website Monday. Net…

An October report from IMF’s Tokyo meeting, which Egyptian officials attended, recommends that the government allow the country’s currency to…