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Iran Deal Saps Oil Prices, Cheers Asia Shares
Oil prices hit the skids on Monday after Iran and six world powers sealed a deal curbing its nuclear program, a…
Dollar Rides High After Fed, Hits Two-Month Peak Vs Yen
The dollar climbed to a two-month high versus the yen on Thursday after minutes from the Federal Reserve's latest…
Oil Moves Lower With Supply In Focus
Oil futures fell in electronic trading Tuesday, extending their losses made the previous day on the back of…
Dollar Inches Lower As Monetary Policy Dominates
The dollar slouched modestly in quiet forex trade early Tuesday, maintaining its downward trajectory as monetary…
Gold Sputters After Last Week’s Rally
Gold futures on Monday sputtered in flat territory to start the week, barely budging from its range-bound finish…
Citadel Capital Chairman Ahmed Heikal Honored with Lifetime Achievement Award
Firm’s founder and chairman honored at Arabian Business Achievement Awards 2013 with Lifetime Achievement Award for…
Dollar, Yen Weaken After Yellen Testimony
The safe-haven dollar and yen fell on Friday after Federal Reserve Vice Chair Janet Yellen lifted investor appetite…
EFG-Hermes Q3 Profits Surge 38% to EGP116 mln
EFG-Hermes (HRHO.CA), the leading investment bank in the Arab world, reported today its consolidated financial…
Gold Rallies On Yellen’s Remarks
Gold futures were in rally mode on Thursday ahead of Federal Reserve Chairman nominee Janet Yellen’s testimony at…
Dollar Slips Vs. Euro, With Yellen Hearing On Tap
The U.S. dollar edged lower against the euro Thursday ahead of the confirmation hearing for Federal Reserve chair…