Dollar holds firm as global growth concerns support safe-havens
The dollar hovered near 2-week highs against its peers on Tuesday as a slowdown in China’s economy to 28-year lows…
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Economy
Asian markets rise as China says its economy grew in line with expectations in 2018
Asian markets traded higher Monday afternoon as investors digested fresh official data of of China that showed the…
Egypt’s economy to increase 6% in 2019: Beltone Financial
In an interview with Bloomberg’s Manus Cranny on Bloomberg Daybreak: Middle East, Nancy Fahmy, Beltone Financial…
Egypt’s Beltone eyes $11bn revenues from tourism in 2019
Beltone Financial, the Egyptian investment bank owned by billionaire Naguib Sawiris, expects revenues from Egyptian…
Oil prices rebound after tumbling to lowest since June 2017 on economy fears
Oil was mixed in thin trading on Wednesday as the U.S. benchmark rebounded from steep losses in the previous…
Dollar weakens on government shutdown concerns, plunging stocks
The U.S. dollar slipped on Monday as concerns about a prolonged government shutdown and sharply lower equity…
Egypt, World Bank ink $1bn deal to support private sector
Egypt and World Bank signed a $1 billion deal to support the country's private sector in achieving integrated…
Egypt targets 15-20% increase in annual exports: minister
Egypt's Minister of Planning Hala al-Saeed said on Monday exports are vital for the Egyptian economy, adding that…
Egypt to adjust customs’ duties on luxury goods to benefit economy
Egypt's Finance Ministry’s decision to adjust the customs dollar exchange rate for non-essential goods, tying it to…
Egypt on track to achieve its financial targets: FinMin
Egypt’s state revenues grew 35.5 percent in the first quarter of this financial year, putting the government on…
