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…
Industry & Trade IMF backs Egypt scheme to remove fuel subsidies in 3Yrs, ease inflation Yomna Yasser May 20, 2017 0 The International Monetary Fund (IMF) is encouraged by Egypt’s efforts to remove fuel subsidies within three years…
Banks Financial crisis over, 2018 to witness boom: Egypt’s CBE governor Yomna Yasser May 17, 2017 0 The financial crisis is over and 2018 will see a boom, said Governor of the Central Bank of Egypt (CBE) Tarek Amer.…
Industry & Trade Newly-discovered gas fields for around $3.6 bln yearly: Egypt’s Sisi Yomna Yasser May 17, 2017 0 Egyptian President Abdel Fattah al-Sisi said he expected that recently discovered gas fields would save Egypt…
forex news Dollar falls broadly after Trump says currency getting too strong Yomna Yasser Apr 13, 2017 0 U.S. dollar prices slumped broadly on Thursday, falling to a five-month low against the yen, after American…
forex news Dollar at 5-month lows vs yen on rising geopolitical tensions Yomna Yasser Apr 12, 2017 0 Dollar prices languished at a five-month low versus the yen early on Wednesday, as simmering geopolitical tensions…