Asian shares buoyed after Xi remarks on opening up
Asian markets advanced in late morning trade on Tuesday as investors digested comments from Chinese President Xi…
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Economy
Egypt to maintain customs exchange rate at 16 pounds per $1 for 6 month in a row
Egypt has decided to maintain its current customs exchange rate of EGP 16 per $1, effective in April, for the…
Egypt to float shares in 4-6 companies during 2018: EGX Vice Chairman
Egypt will offer shares in four to six companies in 2018, seeking to gain from 12 to 15 billion Egyptian…
Oil prices rise on reduced US drilling activity, booming job market
Oil markets climbed on Monday on the back of a drop in the number of U.S. rigs drilling for more production and as…
Dollar tumbles as US tariff plan ignites trade war fears
U.S. dollar fell against most currencies on Friday, dropping to its lowest in more than two years against the yen,…
Gold prices flat, Fed’s rate hike outlook weighs
Gold prices were unchanged near a more than two-week low early on Wednesday, as the dollar held recent highs after…
Dollar steadies but dogged by worries over deficits, inflation
Dollar prices inched higher versus a basket of major currencies on Tuesday, clinging above a three-year low set…
Now is the best time to invest in Egypt, says Saudi official
There is no more opportune time to invest in Egypt than the present time, said Saudi-Egyptian Business…
Gold rises on softer dollar ahead of US inflation data
Gold prices rose for a third straight session on Wednesday to hit a one-week high, buoyed by a weaker dollar,…
Dollar holds gains after Fed, looks to data for more impetus
The dollar kept modest gains against its peers on Thursday after the Federal Reserve signaled its confidence about…