Egypt and Russia team up over nuclear power

A giant $30bn four-reactor nuclear plant on Egypt's Mediterranean coast could ease some of the country's energy costs, but it would be paid for largely by a Russian loan

Amr Emam

Gulf Stocks Fall On Tight Monetary Policy Outlook

Major Gulf stock markets ended lower on Sunday as investors in the region reacted to comments by Federal Reserve Chair Jerome Powell signaling the U.S. economy would need tight monetary policy "for…

Egypt Central Bank Increases Cash Withdrawal Limits

Egypt's central bank on Thursday increased the maximum amount of cash customers are allowed to withdraw from their bank accounts and removed restrictions on how much they could deposit entirely. …

Oil Prices Steady As OPEC+ Mulls Supply Cut

Oil prices steadied on Thursday as producer group OPEC+ raised the prospects of curbing oil supplies while the prospect of an agreement that could return sanctioned Iranian oil exports to the market…