Guides & Analytics
Egypt-Romania Trade Exchange Hits €364.1 Million in 10 Months
Trade exchange between Egypt and Romania surged 26.8% to hit €364.1 million from January-October of 2013, said the chairman of Egypt-Romania Business Council Hassan…
Licences of 2 Hotels in Sharm ElSheikh Taken away amid Rape Probes
Hisham Zazou, Egyptian Tourism Minister has issued two decrees to take away the licences of two hotels in Sharm El Sheikh including Sharm Holiday Resort and Hilton…
Egypt’s EGX30 Booms Approaching 8495 at Open
Egypt’s stock market boomed at early trading on Tuesday with gains over 4 billion pounds. Accordingly, the main stock index – EGX30 climbed during opening session…
Disunited, Arab League Holds Summit
The Arab League represents 21 states and about 350 million people. Some of the member states own a good part of the world's natural oil reserves - a good base for…
Arab League Summit Begins, Egypt’s Adly Mansour among Participants
The 25th Arab League Summit has started today in Kuwait City where Egyptian interim President Adly Mansour arrived on Monday. The 25th Arab League Summit is slated…
Dollar Off Recent Highs, Hampered By Doubts About U.S. Growth Momentum
The dollar held steady against a basket of major currencies on Tuesday, keeping a low profile after slipping on the previous day in the wake of a disappointing…
Morgan Stanley Investors Await Fed’s Buyback Blessing
Morgan Stanley shareholders will find out this week whether the U.S. Federal Reserve will allow the bank to start returning capital to shareholders in a meaningful…
Shares On Defensive, China Stimulus Hopes Offer Some Comfort
Shares were in a defensive mode on Tuesday on uncertainty over Ukraine and the global economy, though still-vague hopes of stimulus measures from China may be…