Egypt sees 5% up in GDP by end-FY2017/18: minister
Egypt expects its gross domestic product (GDP) will increase by five percent at the end of the financial…
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growth
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…
Oil prices fall on weak Chinese refining activity
Oil prices dipped on Monday as a slowdown in Chinese refining activity growth cast doubts over its crude demand…
10.9% drop in Egypt’s FY2016/17 budget deficit
Egypt's budget deficit fell by 10.9 percent during the financial year year 2016/2017 from 12.5 percent during the…
China’s Uber rival Didi making a move in Middle East and North Africa
Chinese ride-hailing giant Didi Chuxing has announced plans to expand its business in the Middle East and North…
Egypt’s foreign direct investment raises to $8.7bn in FY2016/17
Foreign direct investment (FDI) in Egypt is estimated to have risen to about $8.7 billion during the financial…
Egypt’s Global Telecom Holding posts 33% up in Q2 net profits
Egypt’s Global Telecom Holding Company (GTH), previously Orascom Telecom Holding, reported Thursday a 33.4 percent…
Egypt’s EFIC reports 268% increase in H1 profits
Egyptian Financial and Industrial Company (EFIC) reported Sunday a 268 percent growth in profits to reach 60.5…
Dollar prices decline as GDP data underwhelms
U.S. dollar was broadly lower on Friday as a combination of underwhelming U.S. economic data and political…
Dollar steady above 13-month low ahead of Fed, takes Senate vote in stride
The dollar bobbed above a 13-month low against a basket of major currencies on Wednesday, as investors awaited the…