Yen Set For Steepest Drop in 9 Weeks Versus Dollar on BOJ
The yen headed for its biggest weekly decline against the dollar since August amid speculation the Bank of Japan…
UN: 150,000 Syrian Refugees Have Fled To Egypt
The UN refugee agency says the number of Syrian refugees who have fled their country's civil war to find shelter in…
China Tariffs On US Steel: WTO Rejects Beijing’s Appeal
The World Trade Organization (WTO) has upheld its decision that China's tariffs on imports of certain US steel…
Britney Spears’ Former Manager Accuses Her Of Drug Use
Britney Spears has been accused of once being a heavy drug user by the lawyer representing her former manager.…
EU Summit: Compromise Deal On Eurozone Bank Supervisor
EU leaders have agreed to set up a single eurozone banking supervisor - a major step towards a banking union. A…
Egypt’s Central Bank Leaves Benchmark Rates Unchanged
Egypt's central bank kept its benchmark interest rates unchanged on Thursday, in a move that will help the…
Audi Bank Nine-Month Net Profit Up 14 Pct
Lebanese lender Audi Bank posted a 14 percent rise in nine-month net profit to $309 million on Thursday, despite…
EGX 30 Surges 1% In Week, Despite 3-Day Decline
Egyptian Exchange’s benchmark EGX 30 index rose 1.11 % this week, representing an increase of 63.98 points, ending…
Egypt’s Ekne3ney Shokran Initiative: 71% Against IMF Loan
On Wednesday at Ewart Memorial Hall, the American University in Cairo (AUC) - Ekne3ney Shokran…
Timber Machines Hikes By 7% In 2012
The timber machines in the Egyptian market recorded a relative rise that ranges between 7-10% in 2012. Shimaa Adly,…