Egypt’s non-oil private sector contracts in June ’25
Egypt’s non-oil private sector continued to shrink in June 2025, with the S&P Global Purchasing Managers’ Index…
Browsing Tag
forecasts
Egypt’s plausible growth forecasts
Egypt's Finance Ministry is targeting a 6.5 percent growth rate for Egypt’s economy in the financial year…
European stocks close higher on back of solid earnings; Trump speaks at Davos
European stocks closed higher on the last trading day of the week, as investors digested new earnings reports. The…
Gold edges up as dollar holds steady
Gold prices inched up in early trade on Thursday as the dollar was nearly unchanged after tumbling in the previous…
Most Asian shares slide as China data misses forecasts; ASX falls 0.9%
Asian equities were mostly pressured in Tuesday trade following a lackluster session on Wall Street that saw major…
Qatar Islamic Bank Q3 net profit ups 10.9%
Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, reported a 10.9 percent jump…
US crude posts 5.1% weekly gain, settling at $49.89, for best performance in 7 weeks
Oil prices posted their highest weekly rise since the end of July on higher demand forecasts and the restart of…
Economists raise 2017 Turkish growth forecast to record high
Turkey’s economy will expand more than previously expected in 2017, thanks to strong government and consumer…
Italy enjoys best growth in annual economy since 2011
Italy posted its best annual economic growth figures since 2011 on Wednesday, its gross domestic product outdoing…
Snap earnings ‘miss’ shows misreading of analyst ‘expectations’
A widespread view on Wall Street this week was that Snap Inc fell short of revenue forecasts when it posted…
Asian markets trade mixed, key health care vote eyed
Asia markets traded mostly higher on Thursday after U.S. equities closed mixed as traders await a key health care…
US oil prices drop on rising shale petroleum forecasts
U.S. oil prices eased in Asian trade on Tuesday after the International Energy Agency (IEA) forecast U.S. shale…
European stocks close higher as copper prices surge
European stocks closed higher on Monday as investors eyed fresh data and digested the European Commission's latest…
Egypt LNG Market to surpass 4.5 MMT by 2025: research
Research and markets has announced that Egypt LNG Market Demand and Supply Analysis- By Region, By Application, By…
Egypt continues to suffer from currency float consequences
Eguypt’s economy continues to suffer from the harsh consequences of the government’s reform programme. The…
Chinese markets slip after week-long break
Chinese shares were in the red after returning from a week-long holiday, as a private Chinese manufacturing survey…
Australian shares jumped nearly 1%
Asian shares were higher on Monday, following the Dow Jones coming within inches of hitting the 20,000 mark during…
Airbus to delay deliveries of 12 A380 planes to Emirates Airline
Planemaker Airbus said Tuesday it was postponing the delivery of 12 A380 planes to Emirates Airline over the coming…
Trump winning over millionaire investors, who are betting on windfall
Millionaire investors were evenly split this election, but with the markets on a tear since the ballots were…
Dollar slips as investors take profits
The dollar edged lower in Asian trading on Monday as some investors took profits after its rise last week to a…
CBE keeps EGP unchanged vs dollar, contradicts flotation forecasts
The Central Bank of Egypt (CBE) kept the local currency’s rate stable at EGP 8.78 against the US dollar at…
Japan central bank to cut next fiscal year’s growth, price estimates
Japan's central bank is expected to cut its economic and price forecasts for next fiscal year at a quarterly review…