Business

Egyptian turmoil helping to lift oil, food prices

Egyptian turmoil helping to lift oil, food prices

The standoff in Egypt and uncertainty about where it will lead is causing global economic jitters. It's already pushing up…
Stock market to cut trading hours

Stock market to cut trading hours

Egyptian Stock Exchange President Khaled Seyam announced that authorities are planning to shorten the trading period when the stock market…
Saudis call for Egypt investments to be protected

Saudis call for Egypt investments to be protected

Saudi investors said they are worried about their investments in Egypt amid the current state of unrest. They urged Egyptian…
World markets in turmoil over Egypt crisis

World markets in turmoil over Egypt crisis

Though not counted as a major oil producer, Egypt's Suez Canal represents a vital shipping path, with an estimated million…
Egypt’s stock exchange closed on Thursday

Egypt’s stock exchange closed on Thursday

Egypt's stock exchange will be closed on Thursday, a fifth working day in a row amid mass protests calling for…
Analysis: Investors face risks however Egypt plays out

Analysis: Investors face risks however Egypt plays out

If President Hosni Mubarak clings to power, investors will reprice Egyptian and regional assets to brace for weeks, months or…
Following market dive, rights group calls for ban on money transfers abroad

Following market dive, rights group calls for ban on money transfers abroad

The Nassar Human Rights Center sent a note to the attorney-general on Wednesday requesting that he ban the transfer of…
Egyptian pound continues to fall

Egyptian pound continues to fall

The Egyptian pound continued to fall Thursday after reaching a six-year low against the US dollar Wednesday.The third day of…
Egypt’s bourse plummets on protest fears

Egypt’s bourse plummets on protest fears

Trading has been temporarily suspended on Egypt's stock exchange after the benchmark index fell over 6 percent for a second…
Egypt could be catalyst for MENA investment withdrawal

Egypt could be catalyst for MENA investment withdrawal

London--Mass protests in Egypt, one of the darlings of African and Middle Eastern investors, sharply increase the risks that international…
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