EGX 30 Rises 0.71% In Week, IMF Talks Still Muddling On
In a week, the Egyptian Exchange has incurred losses of EGP 128 million driven by the profit-taking transactions…
Oil Climbs Above $88, But Weekly Losses In Store
Benchmark U.S. crude-oil futures rose in electronic trade Friday, but the market will likely end with weekly losses…
U.S. Stocks Slip; Ebay, Unitedhealth Disappoint
U.S. stocks fell for a second consecutive session Thursday as the busiest day yet for first-quarter earnings…
Dollar Slips After Weak U.S. Economic Data
The U.S. dollar edged lower Thursday against other major currencies, including the euro, after data showed that the…
Japan Stocks Volatile, Face Weekly Loss
Japanese blue-chips were volatile in early trading Friday, with the benchmark Nikkei Stock Average likely to post…
Yen Slips As G-20 Officials Gather
The Japanese currency slipped Friday, with investors watching for any comments by world finance officials about…
Egypt Opposition Condemns Brotherhood’s Planned Friday Demo
Egypt's largest Islamist group, the Muslim Brotherhood, has announced plans to stage mass rallies Friday to lobby…
Egypt Govt Doesn’t Need Parliamentary Approval For IMF Loan: Minister
The government does not need the approval of the Shura Council (the upper house of Egypt's parliament, currently…
Egypt Army Plays ‘Significant Role’ In Ensuring Domestic Stability: Kerry
US Secretary of State John Kerry said the Egyptian military "played a significant role in ensuring stability in…
Egypt’s External Debt Rose 11.8% In Q2 2012/13: CBE
Egypt's external debt rose by 11.8 percent in the second quarter of the 2012/13 fiscal year, recording $38.8…