Iran Tightens Measures To Stem Currency Fall
Police threatened merchants who closed their shops in Tehran's main bazaar and launched crackdowns on sidewalk…
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Forex News
INTERVIEW-Egypt Oil Subsidy Reform Still Under Review – Minister
Egypt is holding off on reform of its costly state energy subsidy regime until it completes more studies and holds…
Egypt’s Sukari: 335 Kg Gold Ore Sent To Canada
Centamin Egypt – which has the franchise of extracting gold from Sukari Gold Mine, said 335 kg of gold ore…
Dollar Weakens; Spain Bailout Hopes Lift Euro
The U.S. dollar weakened slightly versus most major rivals Tuesday, undercut as talk of a Spanish bailout provided…
Iran Rial Sinks On Sanctions, Down 80% In Past Year
The Iranian rial was in freefall again Tuesday, with a wide variety of rates being quoted on the beleaguered…
US Says Drop In Iran’s Currency Reflects Global Pressure
A precipitous drop in Iran's currency, the rial, reflects relentless international pressure on the country over its…
Building Materials Prices Still Stable Over Diesel Crisis
Building Materials Sector witnesses relative stability of prices, although the diesel crisis that the market is…
Sawiris Acquires 40% of Sudanese Ariab Mining
The Sudanese Mining Ministry announced on Thursday that the Egyptian tycoon Naguib Sawiris has seized the French…
Ezz Steel Q1 Net Profit 292% Up
Egypt's largest steel producer, Ezz Steel (ESRS.CA) reported a net profit of EGP 63.183 million during…
Egypt’s Sukari: 160 Kg Gold Ore Sent To Canada
An official source from Sukari Gold Mine told Amwal Al Ghad that 160 kg of gold ore worth EGP 40 million have been…