Egypt fails to secure April LNG shipments
Egypt's state-owned EGAS has so far failed to fill a tender to buy two liquefied natural gas (LNG) shipments due…
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Central bank denies Egypt seeking IMF loan
Egypt dismissed as inaccurate reports that it is seeking a loan from the International Monetary Fund (IMF),…
Egyptian pound steady at forex sale, weaker on black market
The Egyptian pound held steady against the dollar at an official foreign currency auction on Tuesday but weakened…
Oil falls to $37, near 11-year low, as excess supply weighs
Oil fell close to $37 a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply that…
Egypt’s pound steady at auction and on parallel market
Egypt's central bank kept the pound steady at 7.7301 to the dollar at its official foreign currency auction…
Brent regains ground after slide, but dollar weighs
Brent crude futures edged up on Monday, recovering from a three-day decline, but a firm dollar after robust U.S.…
Oil stabilizes on German, Chinese data; oversupply weighs
Oil prices stabilized on Tuesday as strong German economic data and a year-on-year increase in Chinese crude…
Euro rises vs dollar as bets on September Fed lift-off fade
The euro rose for a third straight day against the dollar on Tuesday, as expectations that the U.S. Federal…
Oil plunges 6 percent to 6-1/2-year low on China concerns
Oil prices fell more than 6 percent to fresh 6-1/2-year lows on Monday as markets worried about a China-led global…
Moody’s: China advances exchange rate reform, a credit positive
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support…