Lagarde: IMF Still open for Discussions with Greece
International Monetary Fund Managing Director Christine Lagarde said Sunday the IMF is still open for talks with…
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U.S. Stock Futures fall as Greek Crisis worsens
Futures for U.S. stock indexes remained sharply lower ahead of Wall Street's open Monday, with markets facing the…
Egypt Stocks ended week Mixed on local selloff
Stocks ended in mixed notes with losses worth 756 million Egyptian pounds (US$99 million) on local investors’…
Qalaa eyes almost double capacity for Sudan Cement Plant in 2016
Egyptian-based Qalaa Holdings, an African leader in infrastructure and industry, is to boost the production…
Standard Chartered’s Africa Crown threatened by Egypt Loans boom
Standard Chartered Plc is facing a challenge for the title of Africa’s top loan arranger from a local bank about…
Egypt Stocks Mixed on Arab Broad Selloff
Stocks closed with mixed notes, encountering loses of 701 million Egyptian pounds (US$92 million) as Arab…
US ambassador to Cairo lauds Police Efforts
US ambassador to Egypt Robert Stephen Beecroft Tuesday lauded the Egyptian interior ministry's efforts to combat…
Egypt to establish Joint-stock Firm to add Power Production Units
The economic minister agreed Monday to establish a new joint-stock Egyptian company responsible for adding power…
US Dollar up on rising yields; Euro down on Athens Wariness
The U.S. dollar rose Tuesday, underpinned by rising U.S. Treasury yields and prospects for interest rate increases,…
Oil reverses Losses as Gasoline, Heating Oil surge
Oil turned sharply positive Tuesday as heating oil and gasoline surged. Prices fell earlier in the session as the…