S&P raises Egypt’s outlook to positive from stable, maintains B rating
S&P revised Friday Egypt's outlook to positive on "rising reserves and strengthening economic growth," with a…
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economic growth
U.S. backs Egypt on its road to economic growth: State Department official
The U.S. supports Egypt as it works to achieve its economic growth targets, deputy assistant secretary and…
Saudi Arabia’s central bank paints rosy picture of economy
Officials of Saudi Arabia’s central bank, holding a rare news conference on Wednesday, painted a highly positive…
World shares extend run of record highs, dollar eases
World shares extended a run of record highs on Tuesday on signs of strong economic growth, while the dollar was…
Moody’s cuts Oman banking outlook on weaker government support
The outlook for Oman’s banking sector was cut to negative by Moody’s Investors Service to reflect a reduction in…
Egypt’s CBE seen holding interest rates following unexpected hikes
Central Bank of Egypt (CBE) is seen leaving key interest rates unchanged this month, a Reuters poll indicated on…
Careem expanding business in Egypt
Careem, the region’s leading app-based car booking service, continues to support economic growth and innovation in…
In surprise move, Egypt’s CBE hikes key interest rates
The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing stronger economic…
European markets close lower on Trump’s policy worries
European markets ended lower on Wednesday amid increasing concerns regarding U.S. President Donald Trump's economic…
Dollar sags vs yen on lower US yields, ebb in risk appetite
The dollar sagged against the yen on Thursday, weighed down by U.S. yields slipping to two-week lows and an ebb in…