Yuan rises as preferred carry trade currency
The yuan is emerging as a preferred funding currency for carry trades in the global market, following Japan’s shift…
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global market
Eurozone bonds steady post BOJ shifts
Euro zone bond yields remained relatively stable on Tuesday, with the global market’s attention turning to the Bank…
Global raw sugar prices very likely to see 20% hike in ‘24
Global raw sugar predicted to rise by almost 20 per cent annually in '24 as the global market shifts into a deficit…
Tanzania inflation drops to 3.6% – BOT
The Bank of Tanzania (BoT) reported on Monday that the inflation has dropped to 3.6 percent in June from 4 percent…
Egypt plans to tap into more African markets – Builders of Egypt 2023
Waleed Jamaluddin, Chairman of the Export Council for Building Materials, confirmed on Sunday that plans are…
Dollar hoisted higher as US yields rise on Trump bets
The dollar held near 13 1/2-year highs against a currency basket in Asian trading on Monday, as investors stuck…
Gulf stocks mixed in quiet trade as global markets stabilise
Stock markets in the Gulf were mixed in quiet trade early Tuesday as global markets stabilised following the shock…
QIZ Exports Decline 22%, Hitting EGP323 mln In Jan 2013
Egypt's exports of ready-made garments to the USA, according to the QIZ protocol, went down by 22% last January to…
AEC Calls For Making 3rd Bid For Exporting Rice
The Agriculture Export Council (AEC) has called on the Egyptian Ministry of Industry and Foreign Trade to make a…
Pharmaceuticals Exports Attained EGP1.7 bln in 2012
The Egyptian exports of pharmaceuticals unexpectedly hiked to reach EGP 1.7 billion in 2012, up by 17%;…