Stocks close lower after Fed hikes rates, upgrades economic outlook
U.S. stocks whipsawed on Wednesday after the Federal Reserve upgraded its economic outlook and increased interest…
Browsing Tag
forecast
Egypt targets 5.5% economic growth in FY2017/18: minister
Egypt rose expectations for targeted economic growth in the current financial year 2017/2018 to between 5.3% and…
EGX to see calm trading after Egypt’s CBE decision in last day of 2017
The Egyptian Exchange (EGX) is forecast to see a calm trading session with a possible decline in the last day of…
IMF to upgrade Egypt’s economic growth forecast to 5.5% in FY2018/19
The International Monetary Fund (IMF) will raise its forecast for Egypt’s economic growth to 5.5 percent within…
Apple sees strong holiday sales, smooth sailing for iPhone X
Apple Inc on Thursday reported better-than-expected earnings and offered a rosy forecast for the holiday shopping…
Sony raises earnings outlook, expects best-ever annual profit
Japan’s Sony Corp lifted its full-year operating income forecast on Tuesday, expecting to book its highest-ever…
European markets set to open lower; Vestas and Kingfisher report earnings
Markets in Europe are forecast to open lower Thursday as uncertainty surrounding internal U.S. policy continues…
Oil prices drop after report showing OPEC deal compliance falling in July
Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite the…
Dollar prices on tenterhooks as investors await Fed policy clues
The dollar drifted in recent ranges in the calm before a forecast Federal Reserve storm, as investors awaited…
Tourists not allowed to climb Egypt’s Mt. Sinai due to freezing temperatures
Tourists will not be allowed to climb Mount Sinai and Jebel Abbash Basha in South Sinai due to below freezing…
