Automobiles Long Queues Snake Everywhere: Egypt
For the second time in 2012, Egypt is facing a fuel crisis as petrol supplies dry up, thus long queues of…
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Fuel Crisis Hits Egypt; Second Time in 2012
All types of petrol (80, 90, 92 and 95) are reportedly in short supply. Hence, some petrol stations have resorted…
16.4 Mln Barrels of Crude Oil Produced in 2011: Turkey
Turkish Energy & Natural Resources Minister Taner Yildiz said that the production met 7-9 percent of total…
Canada Stocks Recover as Commodities Bounce Back
Canadian stocks rose Friday, with a weak U.S. dollar prompting a rebound in gold and oil prices and gains in…
Israel Exports Egyptian Gas To Go To Russia
Under the headlines of “Gazprom is Getting Israel’s Gas”, Russian newspaper has mentioned on Saturday that Israeli…
European Stocks; Biggest Week Loss of 2012
European stock markets inched higher on Friday as banks and miners generally gained ground, but still posted the…
Friday’s Biggest Gaining & Declining U.S Stocks
Shares of the following companies made notable moves in Friday’s U.S. stock market: Advancers BT Group…
Orascom-France Telecom Deal to be or not to be within Two Weeks: EFSA
Within two weeks, the Egyptian Financial Supervisory Authority (EFSA) will be announcing its stance on France…
Euro Depreciates 0.5 Percent to $1.3153
The euro weakened against the dollar after a report showed German factory output unexpectedly contracted this…
Gold Sluggish amid China Factory Activity Shrinks
Gold prices were little changed on Thursday, hovering around US$1,650 an ounce, as investors weighed a recent…