Business

The Greek financial crisis, having caused severe disruptions in international markets, is now finally starting to ease as European Union…

Government statistics agency CAPMAS on Monday revealed that the national inflation rate had risen by 0.9 percent in April, compared…

In reaction to Greece's unfolding financial crisis, the Egyptian stock market's EGX index plummeted by 5 percent on Sunday in…

The Ministry of Petroleum has reached a major deal on petroleum exploration and drilling with British Petroleum (BP), in a…

Mohamed Al Fayed, an Egyptian billionaire living in Britain, has sold the Harrods Department Store in London to the Qatar…

On 3 May, Egypt's Shura Council gave its tentative approval to a draft of the 2010/2011 state budget. Critics, however, say…

The US dollar continued to rise against the Egyptian pound, increasing by 4 piasters over the past week, and 14…

Egypt's demand for petroleum and gas will reach 103 billion tons annually by the beginning of 2020, the equivalent of…

Egyptian importers and exporters have raised objections to a trade agreement signed beteen the government and the Mercosur trade bloc--which…

Development and investment company SODIC has earmarked LE180 million for investment in local trade projects over the next three years.Company…