Euro Finds Its Niche As A Funding Currency
With the European Central Bank’s key lending rate at a record low, the euro has emerged as a funding currency in…
U.S. Dollar Gains On Euro, Slips Against Kiwi
The U.S. dollar rebounded against the euro and some other major currencies Thursday as investor focus returned to…
Asia Stocks Rise, With Earnings In Focus
Major Asia stock markets gained in choppy trading Thursday, as investors absorbed a mixed bag of local and offshore…
Oil Futures Slip In Electronic Trading
Oil futures edged lower Thursday, as the dollar strengthened and U.S. stock futures weakened. Crude for September…
Europe Stocks Weighed By Downbeat Earnings
European stock markets largely traded lower on Thursday, struggling under the weight of a clutch of downbeat…
Wheat Crop Loses 19 Ardebs Annually On Lack of Seeds
The average local wheat production registered from 13 to 14 ardebs (= 2.5-2.7 cubic meters) annually, while the…
Hossam AL Gherainy, Nearest Candidate For Justice Ministry: Sources
Official sources said Judge Hossam Al Gheriany, Chairman of Constituent Assembly to draft constitution, may be…
Egypt’s Suez Canal Revenue Rises 3.6 Pct In 2011-12
Revenue from Egypt's Suez Canal rose 3.6 percent in the financial year 2011/2012, ended June 30, from a year…
Etisalat Q2 Profit Up 17 Pct; To Focus On High Growth Mkts
Etisalat, the Gulf's No.2 telecoms operator, posted a 17-percent rise in quarterly profits on Wednesday, topping…
SCIA: Investment Costs Of Factories Under Construction Post EGP 2.6 Bln
The Sadat City Investors Association (SCIA) announced there are 44 factories under-construction with costs of EGP…
AfDB 2023