Dollar prices fall after weak US retail sales; focus on FOMC
Dollar weakened against most major currencies on Friday, weighed down by an unexpected decline in U.S. retail…
Browsing Tag
decline
S&P ends at record high led by banks while Apple drags
The S&P 500 hit a record closing high for the second day in a row on Tuesday, with financial stocks leading…
With tourism in decline, Egypt hopes to repurpose former hotspot
While Egypt’s tourism industry faces troubled times, one lawmaker is thinking of innovative ways to bring in…
Gold prices steady at near 2-week low on firmer dollar
Gold prices held steady around near two-week lows early on Monday, under pressure from a rebound in the U.S.…
Budget deficit hit 5% in H1 of FY 2016/2017 – FinMin
Egypt’s budget deficit declined to 5% in the first half of the FY 2016/2017, down from 6.2 per cent in the same…
Number of tourists visiting Egypt declines 45pct in 2016
The number of tourists visiting Egypt dropped by 45 percent in 2016 to 5.1 million compared to 9.3 million during…
Egypt’s computers imports to fall 15% end-2016
The total volume of Egypt's imports of computers is expected to decline by 10-15 percent by the end of 2016. Head…
World Tourism Organization recommends lifting travel ban on Egypt
The secretary-general of the World Tourism Organization (UNWTO) has recommended that countries "immediately" lift…
Asian stocks at three-week lows on weak China data; dollar strong
Asian stocks stumbled to three-week lows and U.S. stock futures and Treasury yields fell after China's September…
Auto sales in Egypt to drop by 30% in 2016: official
The volume of automotive sales in Egypt is expected to decline by 30-35 percent in 2016 to around 200,000 autos…
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