forex news Euro rises to 2-1/2-year high after Draghi refrains from talking down currency Yomna Yasser Aug 28, 2017 0 The euro extended gains to a 2-1/2-year high against the dollar on Monday after the European Central Bank…
forex news Euro surges as ECB’s Draghi does not mention currency strength Yomna Yasser Aug 26, 2017 0 Euro prices soared to its highest level in more than two years against the dollar on Friday after European Central…
Industry & Trade Egypt’s foreign direct investment raises to $8.7bn in FY2016/17 Yomna Yasser Aug 6, 2017 0 Foreign direct investment (FDI) in Egypt is estimated to have risen to about $8.7 billion during the financial…
Industry & Trade Egyptian currency float boosts foreign investment: chairman Yomna Yasser Jul 31, 2017 0 Foreign investors have bought a net 11 billion Egyptian pounds ($615.90 million) worth of shares since the country…
forex news Dollar catches breath after plunging on collapse of US healthcare bill Yomna Yasser Jul 19, 2017 0 The dollar nursed losses on Wednesday after skidding to a 10-month low against a currency basket as Republican…
MENA News Assad appears on Syrian currency for first time Yomna Yasser Jul 3, 2017 0 President Bashar al-Assad has appeared on the Syrian currency for the first time, his portrait printed on a new…
Egypt News Egypt raises monthly food subsidies to 50 pounds per person: Sisi Yomna Yasser Jun 21, 2017 0 Egypt is more than doubling monthly food subsidies to 50 Egyptian pounds per person from 21 pounds now, President…
MENA News Qatar can protect economy and currency, finance minister tells CNBC Mennatullah Hamzawy Jun 12, 2017 0 Qatar can easily defend its economy and currency against economic blockade by other Arab states, Qatari finance…
Industry & Trade Egypt’s urban consumer price inflation falls by 29.7% in May Yomna Yasser Jun 8, 2017 0 Egypt's annual urban consumer price inflation fell in May to 29.7 percent from 31.5 percent in April, the official…
Banks Why rate rise is no answer to 30% inflation in Egypt: Bloomberg Yomna Yasser May 20, 2017 0 Egypt’s central bank is likely to hold interest rates on Sunday, even with inflation still soaring after the…