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Annual inflation in Egypt was up by 14.4% in February. (Shutterstock)

March 17th, 2019 - 08:35 GMT

Egypt's Inflation Soars Due to Increase in Prices of Food Commodities

Annual inflation in Egypt was up by 14.4% in February, as a result of the increase in the prices of food commodities by 15.4%, according to Beltone Financial.

Prices have dropped due to excess supply of crude steel from China, according to industry expert Ghada Alaa. (Al Bawaba/File)

January 7th, 2016 - 09:00 GMT

With lower production costs, Egyptian steel producers reduce prices

With 93 million subscribers, Mobile phone penetration rate in the Egyptian market stands at around 116 percent (Photo credit: Reuters)

September 12th, 2013 - 12:31 GMT

Is Egypt's telecommunications sector headed towards a showdown?

Egypt’s vital waterway Suez Canal hit a 7.4 percent slump in monthly revenues.

March 31st, 2013 - 03:30 GMT

Suez Canal revenues fall

Monthly revenue from Egypt's Suez Canal declined in January, with experts blaming political violence in port cities

February 14th, 2013 - 04:00 GMT

Suez Canal revenue drops due to political violence

The Egyptian pound continues to slide against the dollar as investors hope the IMF deal will shore up the currency

January 22nd, 2013 - 08:22 GMT

Egyptian pound continues to slide, investors look to IMF loan for stability

Egypt is facing further turmoil as the country faces a shortage of dollars

December 27th, 2012 - 12:31 GMT

New economic crisis as Egypt hit by dollar shortage

Inflation easing in Egypt

October 10th, 2012 - 10:18 GMT

Inflation in Egypt eases as economy remains sluggish

The Algerian government plans to acquire a stake in Egypt's ASEC Cement's Algerian operations

September 19th, 2012 - 01:20 GMT

Algeria plans to buy minority stake in Egypt's ASEC Cement

One of the biggest concerns for foreign investors is the status of the Egyptian pound. If instability and economic stagnation weaken the currency against the dollar, the dollar value of companies' profits - and the dollar-value of investors' returns - also weakens

October 23rd, 2011 - 07:29 GMT

Regional investors braving uncertain climate to stick with Egypt

Egyptian firms could not afford to wait to pursue such opportunities, people in Egypt should start from yesterday, because they will be in a severe competition with Asians and Gulf states

September 18th, 2011 - 10:14 GMT

Egyptian firms eye Libya but politics may be hurdle

Al Bawaba

February 22nd, 2010 - 01:17 GMT

Beltone Financial organizes MENA conference in Qatar sponsored by the Qatar exchange

Al Bawaba

February 5th, 2008 - 11:19 GMT

beltone financial brings first “egypt day” to the united states