Egypt News Suez Canal revenues fall to $5 bln in 2016 from $5.175bln in 2015 Noha Gad Jan 19, 2017 0 Egypt's Suez Canal revenues fell to $5.005 billion in 2016 from $5.175 billion the previous year, Reuters…
forex news China December forex reserves fall for sixth month, near $3 trillion level Noha Gad Jan 7, 2017 0 China's foreign exchange reserves fell to near six-year lows in December, but held just above the critical $3…
Tech news LG Electronics says third-quarter profit down 3.7 percent vs. year earlier Ghada Ismail Oct 27, 2016 0 South Korea's LG Electronics Inc said on Thursday its third-quarter operating profit fell 3.7 percent from a year…
Industry & Trade Ready-made garments exports fell 12% in nine months: Egypt’s council Noha Gad Oct 25, 2016 0 Egyptian exports of ready-made garments fell in January-September 2016 by 12 percent to US$922 million from US$1.05…
Industry & Trade Egypt’s trade exchange with Nile Basin states fell 2.7% in 2015 Noha Gad Oct 18, 2016 0 The total volume of trade exchange between Egypt and Nile Basin states, i.e. Sudan, Ethiopia, Uganda, Congo, Kenya,…
Industry & Trade Trade balance deficit fell 13% in July 2016- Egypt’s CAPMAS Noha Gad Oct 12, 2016 0 The deficit in Egyptian trade balance dropped by 13.1 percent in July 2016 to 30.9 billion Egyptian pounds (US$3.3…
forex news Oil prices fall on surging Iran sales, but looming OPEC deal offers support Noha Gad Oct 4, 2016 0 Oil prices fell on Tuesday on a rise in Iranian exports which add to a global supply overhang, although a planned…
Industry & Trade Intermediate commodities imports fell 5.2% in five months- Egypt’s CAPMAS Noha Gad Sep 7, 2016 0 Egypt's bill of imported intermediate commodities fell by 5.2 percent in January-May 2016 to 80.1 billion Egyptian…
forex news Dollar weaker against yen as U.S. data quash rate hike bets Noha Gad Sep 7, 2016 0 The dollar fell to its lowest in more than a week against the yen on Wednesday as subdued U.S. data made an…
Egypt News Egypt’s tourism returns fell 69% in seven months Noha Gad Aug 30, 2016 0 The total returns on Egyptian tourism sector reached US$1.2 billion during the first seven months of 2016 versus…
forex news Oil falls towards $49 on high output, strong dollar Noha Gad Aug 29, 2016 0 Oil fell towards $49 a barrel on Monday, pressured by high output from Middle East OPEC members and as a stronger…
forex news Oil prices fall over 1 percent on rising Iraq output, strong dollar Noha Gad Aug 29, 2016 0 Oil prices fell over 1 percent on Monday after the U.S. dollar jumped, with markets pressured as Iraq's production…
Tech news Samsung: strong demand for Note 7 could cause delays, stock dives 2% Ghada Ismail Aug 24, 2016 0 Samsung shares fell 2 percent on Wednesday after the technology giant said stronger-than-expected demand for its…
forex news Oil prices fall on U.S. crude stocks build; fears over China demand Noha Gad Aug 24, 2016 0 Oil prices fell on Wednesday as an unexpected build in U.S. crude inventories weighed on markets, along with…
Real Estate UK residential sales slightly drop by 0.9% after Brexit vote aya salah Aug 23, 2016 0 Residential property sales in the UK fell slightly by 0.9% between June 2016 and July 2016 and were down 8.3% lower…
forex news Oil prices fall as analysts say market still oversupplied Noha Gad Aug 23, 2016 0 Oil prices fell on Tuesday, with Goldman Sachs warning that August's price rally had been overdone and that a…
World Asia stocks edge up amid Fed lull, oil slips Noha Gad Aug 23, 2016 0 Asia shares inched up on Tuesday while oil fell for a second session as investors awaited clues on whether the…
forex news Oil falls as August price rally seen overblown, China fuel exports jump Noha Gad Aug 22, 2016 0 Oil prices fell on Monday as analysts doubted upcoming producer talks would rein in oversupply, saying that Brent…
forex news Oil prices fall on doubts producers can agree output restraint Noha Gad Aug 17, 2016 0 Oil prices fell away from 5-week highs on Wednesday as analysts doubted possible producer talks to rein in…
forex news Oil prices dip on U.S. crude inventory build, record Saudi output Noha Gad Aug 11, 2016 0 Oil prices fell on Thursday as a build in U.S. crude inventories and record Saudi Arabian production reinforced…
World Asian shares retreat as oil slips; yuan pulls peers higher Noha Gad Aug 11, 2016 0 Asian shares fell on Thursday, reversing recent gains following losses on Wall Street, though regional currencies…
forex news Oil falls on oversupply; calls for producer meeting met with scepticism Noha Gad Aug 10, 2016 0 Oil prices fell on Wednesday as a global supply overhang weighed on markets, while talk of a potential producer…
forex news Dollar drops as Fed rate rise prospects reassessed Noha Gad Aug 10, 2016 0 The dollar fell against a basket of currencies on Wednesday as investors re-evaluated whether the U.S. Federal…
Industry & Trade Disappointing China July imports suggest cooling domestic demand Noha Gad Aug 8, 2016 0 China's exports and imports fell more than expected in July in a rocky start to the third quarter, pointing to…
Banks China’s July forex reserves fall to $3.20 trillion Noha Gad Aug 7, 2016 0 China's foreign exchange reserves fell to $3.20 trillion in July, central bank data showed on Sunday, in line with…
International News World food prices fall 0.8 percent in July: FAO Noha Gad Aug 4, 2016 0 World food prices fell slightly in July after five straight monthly increases, as sliding grains and vegetable oils…
Tech news Nokia posts low quarterly profits, lifts cost-cut target Ghada Ismail Aug 4, 2016 0 Nokia’s quarterly profit fell more sharply than expected as telecom operators spent less on faster networks and as…
World European bank rebound not enough to save world stocks from further losses Noha Gad Aug 3, 2016 0 World stocks fell for a third straight day on Wednesday, depressed by growing nervousness surrounding central bank…
World Nikkei falls to 3-week low on yen; financials hit hardest Noha Gad Aug 3, 2016 0 The Nikkei share average fell to a three-week low on Wednesday on the yen's gains, while financial shares were…
World European shares hit two-week lows, yen rises as Japan backs stimulus Noha Gad Aug 2, 2016 0 European stocks fell to two-week lows on Tuesday, dragged down by banks, while the yen rose against the dollar and…
Tech news Apple grows share of total tablet market despite weak sales Ghada Ismail Aug 1, 2016 0 Worldwide shipments of tablets fell 12% in the second quarter, according to a new report from IDC. Roughly 65% of…
World Nikkei drops, strong yen sours mood before BOJ decision Noha Gad Jul 28, 2016 0 Japan's Nikkei share average fell on Thursday as the market took a breather after the yen strengthened, while most…
forex news Dollar falls against yen as BOJ easing expectations pared Noha Gad Jul 28, 2016 0 The dollar fell against the yen on Thursday as expectations faded of the Bank of Japan delivering the radical…
World Nikkei falls to 2-week low as yen firms before Fed, BOJ meetings Noha Gad Jul 26, 2016 0 Japan's Nikkei share average fell to a near 2-week low on Tuesday as the yen firmed against the dollar ahead of the…
Industry & Trade Japan June exports fall less than expected Noha Gad Jul 25, 2016 0 Japan's exports fell less than expected in June in a tentative sign that overseas demand could be recovering from…
World Travel stocks fall after France attack, weigh on European shares Noha Gad Jul 16, 2016 0 The shares of European travel and leisure companies fell on Friday, weighing on the region's stock markets, after…
forex news Dollar falls vs safe havens as risk appetite fades Noha Gad Jul 14, 2016 0 The U.S. dollar fell on Wednesday as risk appetite receded after big moves earlier in the week and following the…
forex news Oil drops on IEA glut warning, rise in U.S. stocks Noha Gad Jul 13, 2016 0 Oil fell on Wednesday as the International Energy Agency (IEA) warned that a global supply glut continued to weigh…
Industry & Trade China’s June exports fall 4.8% , more than forecast Noha Gad Jul 13, 2016 0 China's June exports fell by a more-than-expected 4.8 percent from a year earlier, while imports declined 8.4…
forex news Oil drops as investors lock in gains; surprise U.S. stockpile build Noha Gad Jul 13, 2016 0 Crude futures fell on Wednesday as investors locked in gains after oil prices surged nearly 5 percent in the…