Assad: One Year Needed to Destroy Chemical Arms
Defiant strongman Bashar Assad promised Wednesday he would surrender Syria's chemical weapons but warned it would…
CBE Offers Egypt Banks $40 mln at FX Auction Today
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction for this week totaled US$ 40…
Egypt’s Cabinet Sets Minimum Wage For Government Workers to Nearly US$175
Egypt’s official news agency says the Cabinet has set a minimum wage for government employees and workers to 1,200…
Nour Party Names Alternative to Constitution Committee
The Nour Party representative for the 50-member constitution-drafting committee, Bassem Al-Zarka, has stepped down…
Foreign Currencies Vs Egypt Pound – Early Thursday
The table below shows the exchange rates of the Arab and foreign currencies against the Egyptian pound on early…
Fed Surprises, Sticks to Stimulus As It Cuts Growth Outlook
The U.S. Federal Reserve defied investor expectations on Wednesday by postponing the start of the wind down of its…
Merkel Rejects Joint Euro Debt, Promises to Stay Hard Course
German Chancellor Angela Merkel told supporters she’ll stand as a bulwark against joint debt in the euro area…
ECB Policy Makers Say Stress Tests Risk Market Confusion
The European Central Bank is concerned that investors could be spooked by next year’s bank balance-sheet…
Telefonica Said to Mull Doubling Down in Italian Gambit
As Telecom Italia SpA (TIT)’s financial investors prepare to cut off funding, the future of the phone company…
Europe Stocks Rise to Five-Year High as Fed Resists Taper
European stocks rose to the highest level in more than five years as the Federal Reserve decided not to slow…