UK construction sector surges in July – PMI
The UK construction sector experienced accelerated growth in July, the S&P Global Construction PMI rose to 55.3…
Browsing Tag
July
UK consumer spending drops in rainy July
British shoppers curtailed their spending in July due to rainy weather, as reported by two surveys on Tuesday.
Egyptian Cabinet announces new electricity price hikes this July
Egyptian Prime Minister Sherif Ismail announced Thursday that a new electricity price increase will begin this July…
Trade balance deficit fell 13% in July 2016- Egypt’s CAPMAS
The deficit in Egyptian trade balance dropped by 13.1 percent in July 2016 to 30.9 billion Egyptian pounds (US$3.3…
Number of tourists visiting Egypt fell 42% in July: CAPMAS
The number of tourists visiting Egypt during decreased by 41.9 percent in July 2016 compared to the same period of…
China July industrial profits rise
Profits earned by China's industrial firms grew at their fastest pace in four months in July, aided by a pick-up in…
Japan exports fall at fastest pace since financial crisis on strong yen
Japan's exports tumbled in July at the fastest pace since the global financial crisis with a resurgent yen and…
U.S. inflation tame despite economy gaining momentum
U.S. consumer prices were unchanged in July but a rise in industrial output and home building suggested a pickup in…
Weak U.S. retail sales, inflation data dim prospect of Fed rate hike
U.S. retail sales were unexpectedly flat in July as Americans cut back on discretionary spending, pointing to a…
Egypt’s annual urban consumer price inflation flat at 14% in July
Egypt's annual urban consumer price inflation was 14 percent in July, unchanged on the previous month, the…
Disappointing China July imports suggest cooling domestic demand
China's exports and imports fell more than expected in July in a rocky start to the third quarter, pointing to…
China’s July forex reserves fall to $3.20 trillion
China's foreign exchange reserves fell to $3.20 trillion in July, central bank data showed on Sunday, in line with…
World food prices fall 0.8 percent in July: FAO
World food prices fell slightly in July after five straight monthly increases, as sliding grains and vegetable oils…
China July data to show broadly steady growth, further slowing in investment
Skittish global investors may be reassured by fairly steady growth expected in a flurry of Chinese data in coming…
GM and Ford U.S. sales miss mark but industry strong overall
The biggest U.S. automakers, General Motors Co (GM.N) and Ford Motor Co (F.N), reported July U.S. sales that…
China July factory activity unexpectedly dips on softer orders, flooding
Activity in China's manufacturing sector eased unexpectedly in July as orders cooled and flooding disrupted…
Euro zone sentiment improves in July, but EU down on Brexit
Euro zone economic sentiment improved in July, defying market expectations of a decline, but economic sentiment in…
Egypt imports 50,000 tonnes of rebar with $19bn in July
Egyptian firms importing steel have contracted on purchasing 50,000 tonnes of rebar with the cost of US$19 million…
Trade ministry to relocate leather tanneries to Egypt’s Al-Robakey zone mid-July
Egyptian trade and industry ministry is to start relocating leather tanneries from Magra El Oyon region to…
Fed rate hike likely appropriate in coming months- Yellen
The Federal Reserve should raise interest rates "in the coming months" if the economy picks up as expected and jobs…
Lebanese-Egyptian trade mission to visit Côte d’Ivoire next July
An Egyptian-Lebanese joint trade mission is set to visit Côte d’Ivoire and The Republic of the Congo in July 2016,…
Egypt to relocate 50 leather tanneries to Al-Robeky zone next July
Egyptian minister of trade Tarek Qabil said that the ministry is to start relocation of leather tanneries from…
Europe Index Futures Advance After Stocks’ Best Week Since July
Optimism returned to European equities before this week’s Federal Reserve decision on interest rates. The Stoxx 600…
China Economic Growth falters in July, Yuan’s slide adds to worries
Growth in China's factory output, investment and retail sales were all weaker than expected in July, adding…
China’s Inflation Rate rises to 1.6% in July
China's consumer inflation rate hit its highest level this year in July, but is still well below the government…
Wall St. drops as Jobs report Augurs for September Rate hike
U.S. stocks ended lower on Friday after solid job growth data for July pried the door open a little wider for a…
GM China’s July Sales drop 4 pct but Profit Margin Goal seen Intact
General Motors Co (GM.N) sales in China fell 4 percent year-on-year in July but the U.S. automaker said it remained…
241 Militants killed since July: Military Spokesman
Clashes between the armed forces and militants in North Sinai since the beginning of July left 241 militants dead,…
After Blatter’s Resignation, FIFA chooses His Successor
Scandal-hit FIFA will hold an extraordinary executive committee meeting in July to discuss dates for the election…
Wheat Reserves Sufficient until mid-July 2015 – Egypt Minister
Egypt's strategic reserves of wheat are sufficient until mid of next July, the country’s supply minister Khaled…
Misr Hotels’ Nile Ritz Carlton To Open Its Door In July: Source
Cairo's Nile Ritz Carlton hotel will open its doors in July, a source working in the hotel's human resources…
Income And Capital Gains Tax Revenues Register LE7.8 M In July, August
The budget revenues have increased in July and August by 0.7% to register LE 34.4 billion, the Ministry of…
Egypt’s Bankruptcy Rates Drop 22% In July
The rate of insolvency or Bankruptcy entries in the court of first instance has dropped by 22% in July to 56 case,…
Exports Register $1.4bn In July, $13.34bn Since Beginning Of 2014: Industry Ministry
Egyptian exports during July 2014 totalled $1.4bn (EGP 10.06bn), an official report issued by the Ministry of…