Business

Gold prices broke the US$1220-per-ounce mark on European markets on Monday, representing their highest level since early July.

A young man was killed on Sunday in a fight over a loaf of bread in front of a bakery…

On Friday the Suez Canal achieved its biggest daily income since the start of the world financial crisis in 2008,…

A recently issued financial report shows that regional stock markets saw a nearly 50-percent decline in trading during the second…

In an unprecedented move, the Egyptian Cement Company has officially demanded permission from the Ministry of Petroleum to import either…

The US Geological Survey (USGS) has advised Egypt not to grant oil exploration concessions--or any share of its oil production--to…

The Food Industries Holding Company reported that consumer cooperatives did not raise prices as announced for Ramadan. Prices inside co-ops…

Jailed businessman Ahmed el-Rayan was granted a grace period until Tuesday in order to pay back LE900,000, which he is…

The notion of lifting subsidies on energy products remains subject to discussion and debate among representatives of various ministries within…

 The energy committee of the National Democratic Party has called for the abolition of the subsidies on petroleum products over…