forex news Gold edges up as US rate hike view grounds dollar nada nasser May 14, 2018 0 Gold prices rose on the back of a subdued dollar on Monday as investors considered the prospects of slower interest…
World Asian markets edge higher on hopes of thaw in US-China trade tensions nada nasser May 14, 2018 0 Asian markets rose to near two-month highs on Monday on hopes of a thaw in U.S.-China trade tensions, after U.S.…
forex news Dollar prices fall as sagging US yields sap momentum, Malaysia ringgit dips nada nasser May 14, 2018 0 Dollar’s recent rally ran out of steam on Monday with U.S. yields sinking as investors wound back expectations that…
forex news Gold prices edge up, set for weekly gain as dollar weakens nada nasser May 12, 2018 0 Gold prices rose overall on Friday, headed for its first weekly gain in four weeks, as the dollar weakened and…
forex news Gold off 11-week highs after Fed signals more rate hikes Yomna Yasser Apr 12, 2018 0 Gold prices eased off multi-week highs on Thursday as minutes from the Federal Reserve's last policy meeting…
forex news Dollar starts week little changed as market looks to Fed, political risks Yomna Yasser Mar 19, 2018 0 The dollar prices started the week little changed on Monday as traders set sights on new Federal Reserve Chair…
forex news Gold prices fall on strong dollar Yomna Yasser Mar 1, 2018 0 Gold prices dipped on Thursday, pulled down as the dollar remained strong following comments from Federal Reserve…
forex news Gold hits 1-week low on strong dollar; Fed minutes awaited Yomna Yasser Feb 21, 2018 0 Gold prices fell further on Wednesday and hit a one-week low as the dollar steadied after a recovery from last…
forex news Gold steady on weaker dollar ahead of US price data Yomna Yasser Feb 13, 2018 0 Gold prices held firm on Tuesday, buoyed by a weaker dollar, while investors waited for U.S. inflation data for…
Industry & Trade Cabinet dismisses rumours of new fuel-price hikes in Egypt Yomna Yasser Feb 6, 2018 0 The Egyptian Cabinet has dismissed "rumours" of new price hikes for fuel and petroleum products. The Cabinet's…
forex news Gold dips on outlook for US rate hikes Yomna Yasser Feb 1, 2018 0 Gold prices inched down early on Thursday after the U.S. Federal Reserve left interest rates unchanged but hinted…
forex news Gold drops on firmer dollar, higher bond yields Yomna Yasser Jan 30, 2018 0 Gold prices fell for a second straight session on Tuesday as the dollar strengthened and U.S. bond yields rose,…
forex news Gold prices dip on outlook for US rate hikes Yomna Yasser Jan 9, 2018 0 Gold prices inched down early on Tuesday as the dollar held steady amid expectations of more U.S. interest rate…
forex news Gold prices firm amid higher US rate hike environment Yomna Yasser Jan 8, 2018 0 Gold prices held steady on early Monday, below 3-1/2-month highs hit last week, amid expectations of more U.S.…
Industry & Trade Recession hits Egyptian gold market Yomna Yasser Jan 1, 2018 0 The gold price climbed 7 Egyptian pounds domestically on Saturday, driven by global price hikes, amid a state of…
forex news Gold prices turn in best year since 2010 Yomna Yasser Dec 30, 2017 0 Gold hit a one-month high on Friday and ended the year with its biggest annual rise since 2010 as a wilting…
Industry & Trade Egypt lining up to reduce inflation to 13% at end-2018: CBE chief Yomna Yasser Nov 15, 2017 0 Tarek Amer, Governor of the Central Bank of Egypt (CBE), stated on Monday that the country is taking active…
Industry & Trade Egypt’s core inflation falls by 33.26% in September: CBE Yomna Yasser Oct 11, 2017 0 Egypt's key inflation indicators eased in September as the local market absorbed the impact of government fuel and…
forex news Gold prices hold steady ahead of Fed minutes Yomna Yasser Oct 11, 2017 0 Gold stood little changed on Wednesday after the dollar recouped early losses, with investors awaiting the release…
Real Estate 2,400 SMEs exited Egypt construction businesses this year Yomna Yasser Oct 1, 2017 0 Around 2,400 small and medium-sized Egyptian firms have exited the construction businesses during the current year,…
Industry & Trade Egypt’s government unveils new hikes in electricity prices by 42% Yomna Yasser Jul 8, 2017 0 Egypt announced new hikes in electricity prices by up to 42 percent for households as part of a government reform…
Industry & Trade Cabinet raises food subsidies amid price hikes: Egypt’s Supply Noha Gad Nov 5, 2016 0 Egypt will increase the amount allocated to individuals holding food subsidy cards from EGP 18 to 21 starting next…
World Wall Street lower as nerves rise ahead of Yellen speech Noha Gad Aug 25, 2016 0 Wall Street was lower on Thursday morning as investors nervously awaited Federal Reserve Chair Janet Yellen's take…
International News Venezuela hikes minimum wage by 50 percent as inflation soars Noha Gad Aug 13, 2016 0 Venezuelan President Nicolas Maduro on Friday announced a 50 percent minimum wage hike that takes effect on Sept.…
World Wall Street off to a solid start in April Noha Gad Apr 2, 2016 0 Wall Street extended a seven-week rally on Friday after upbeat U.S. jobs and factory data hinted at stronger…
Banks Yellen steers Fed with cautious hand, despite hints of inflation Noha Gad Mar 17, 2016 0 Federal Reserve policymakers urging caution over interest rate hikes have gained the upper hand in the central…
World Global stocks dip, dollar on tenterhooks for Fed; oil bounces Noha Gad Mar 16, 2016 0 Asian shares were mostly lower on Wednesday while the dollar dithered as markets waited anxiously for the Federal…
International News New year brings minimum wage hikes for Americans in 14 states Noha Gad Jan 2, 2016 0 As the United States marks more than six years without an increase in the federal minimum wage of $7.25 an hour, 14…
Banks Russian central bank hikes policy rate to 17% Amwal Al Ghad English Dec 16, 2014 0 The Central Bank of Russia has raised its key policy rate to 17%, effective Tuesday, after the ruble fell to a new…