Industry & Trade Egypt targets investments worth 942 bln pounds in FY2018/19 Yomna Yasser Apr 16, 2018 0 Egypt’s total investments are expected to reach 942 billion Egyptian pounds in financial year 2018/2019…
Banks National Bank of Egypt, Banque Misr halt issuance of 17% savings certificates Yomna Yasser Apr 15, 2018 0 Egypt’s two biggest banks, the state-owned National Bank of Egypt and Banque Misr stated they will be halting the…
World Asian shares drift lower amid US-Russia tensions on Syria Yomna Yasser Apr 12, 2018 0 Asian stocks edged lower on Thursday as investor confidence seen earlier in the week wavered overnight amid…
World Asian shares buoyed after Xi remarks on opening up Yomna Yasser Apr 10, 2018 0 Asian markets advanced in late morning trade on Tuesday as investors digested comments from Chinese President Xi…
Financial Institutions Egypt to maintain customs exchange rate at 16 pounds per $1 for 6 month in a row Yomna Yasser Mar 29, 2018 0 Egypt has decided to maintain its current customs exchange rate of EGP 16 per $1, effective in April, for the…
EGX Egypt to float shares in 4-6 companies during 2018: EGX Vice Chairman aya salah Mar 19, 2018 0 Egypt will offer shares in four to six companies in 2018, seeking to gain from 12 to 15 billion Egyptian…
forex news Oil prices rise on reduced US drilling activity, booming job market Yomna Yasser Mar 12, 2018 0 Oil markets climbed on Monday on the back of a drop in the number of U.S. rigs drilling for more production and as…
forex news Dollar tumbles as US tariff plan ignites trade war fears Yomna Yasser Mar 3, 2018 0 U.S. dollar fell against most currencies on Friday, dropping to its lowest in more than two years against the yen,…
forex news Gold prices flat, Fed’s rate hike outlook weighs Yomna Yasser Feb 28, 2018 0 Gold prices were unchanged near a more than two-week low early on Wednesday, as the dollar held recent highs after…
forex news Dollar steadies but dogged by worries over deficits, inflation Yomna Yasser Feb 20, 2018 0 Dollar prices inched higher versus a basket of major currencies on Tuesday, clinging above a three-year low set…