Featured Belgium’s industrial turnover falls in June ’24 Aya El Sayed Aug 30, 2024 0 Belgium’s industrial turnover index decreased by 3.7 per cent in June 2024 from May 2024.
Featured Spain’s industrial prices drop 3.5%YoY in June – INE Aya El Sayed Jul 24, 2024 0 Spain's industrial prices dropped by 3.5 per cent in the year ending in June, an improvement from the revised 4.5…
Featured June UK inflation stays at 2.0% Aya El Sayed Jul 17, 2024 0 British inflation remained steady at 2.0 per cent last month, official data released on Wednesday revealed.
Industry & Trade GAFI: 1,135 projects in Egypt’s free zones worth $1.5bn Noha Gad Nov 24, 2016 0 The total number of investment projects in different free zones reached 1,135 by the end of June 2016 with total…
Egypt News Egypt appeals reversed ruling ceding islands to Saudi Arabia Noha Gad Oct 9, 2016 0 An Egyptian court on Saturday held its first hearing on a government appeal against a lower court ruling in June…
Tech news 770,000 new subscribers to mobile services in Egypt: MCIT Ghada Ismail Sep 7, 2016 0 The number of subscribers to mobile services rose by 0.71% in June compared to May—from 95.4 million users to 96.2…
Banks Housing Development Bank loans portfolio hits $979mn in June Noha Gad Aug 28, 2016 0 The net volume of loans portfolio at Housing and Development Bank (HDB) recorded 8.7 billion Egyptian pounds…
Banks BOJ June minutes: Some members question focus of monetary easing Noha Gad Aug 3, 2016 0 At least two members of the Bank of Japan's board questioned its actions at their June meeting, minutes show,…
Industry & Trade Euro zone producer prices rise more than expected in June Noha Gad Aug 2, 2016 0 Euro zone producer prices rose by more than expected in June for a second consecutive month, driven by soaring…
Industry & Trade China June industrial profits rise but investment challenges grow Noha Gad Jul 27, 2016 0 Profits earned by China's industrial firms grew at their fastest pace in three months in June, indicating…
Real Estate Brexit yet to affect UK rental market aya salah Jul 26, 2016 0 The decision by the UK to leave the European Union has not yet affected the country’s private rental market with…
Industry & Trade Japan June exports fall less than expected Noha Gad Jul 25, 2016 0 Japan's exports fell less than expected in June in a tentative sign that overseas demand could be recovering from…
Industry & Trade U.S. retail sales, industrial output data suggest strong Q2 GDP growth Noha Gad Jul 16, 2016 0 U.S. retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods,…
International News U.S. posts $6 billion budget surplus in June Noha Gad Jul 14, 2016 0 The U.S. federal government posted a budget surplus of $6 billion in June, compared with a surplus of $50 billion…
Industry & Trade China’s June exports fall 4.8% , more than forecast Noha Gad Jul 13, 2016 0 China's June exports fell by a more-than-expected 4.8 percent from a year earlier, while imports declined 8.4…
International News U.S. June jobs growth was robust; 287,000 jobs added Noha Gad Jul 9, 2016 0 U.S. employers added 287,000 jobs in June, a surprisingly strong showing. The unemployment rate nonetheless rose to…
Industry & Trade U.S. auto sales growth falls short of estimates Noha Gad Jul 2, 2016 0 The pace of U.S. auto sales slowed in June compared to a year ago, as slumping sales of sedans offset strong demand…
International News Euro zone returns to inflation in June, at modest 0.1pct rate Noha Gad Jun 30, 2016 0 The euro zone returned to inflation in June after four months of falling or stagnant consumer prices, principally…
International News German unemployment falls more than expected in June Noha Gad Jun 30, 2016 0 German unemployment fell more than expected in June and the jobless rate in Europe's biggest economy remained at a…
USA Wall Street sees no rate hike in June; weak U.S. payrolls, ‘Brexit’ weigh Noha Gad Jun 4, 2016 0 Wall Street's top banks unanimously expect the Federal Reserve to leave interest rates unchanged this month,…
unclassified Wall Street sees no rate hike in June; weak U.S. payrolls, ‘Brexit’ weigh Noha Gad Jun 4, 2016 0 Wall Street's top banks unanimously expect the Federal Reserve to leave interest rates unchanged this month,…
Industry & Trade Egypt, Lebanon to launch offshore firm for Egyptian exports in Africa next June Noha Gad May 28, 2016 0 Egyptian trade ministry is set to finish launching the Egyptian-Lebanese company for enhancing Egyptian exports to…
Banks Fed rate hike likely appropriate in coming months- Yellen Noha Gad May 28, 2016 0 The Federal Reserve should raise interest rates "in the coming months" if the economy picks up as expected and jobs…
forex news Dollar stands tall as Fed minutes rekindle June rate hike bets Noha Gad May 19, 2016 0 The dollar stood tall and set a three-week high against the yen on Thursday, after the minutes of the U.S. Federal…
Banks Fed signals interest rate hike firmly on the table for June Noha Gad May 19, 2016 0 Federal Reserve officials felt the U.S. economy could be ready for another interest rate increase in June,…
World Asian shares sag on revived U.S. rate hike views Noha Gad May 18, 2016 0 Asian shares weakened on Wednesday in the wake of accelerating U.S. inflation and comments from Federal Reserve…
Egypt News Egypt to import 80,000 tonnes of rice ahead of Ramadan in June aya salah May 14, 2016 0 Egypt will import 80,000 tonnes of rice ahead of the start of Ramadan in June, official news agency MENA quoted…
Banks Fed to hold rates in April but raise again in June: Reuters poll Noha Gad Apr 23, 2016 0 The U.S. Federal Reserve will keep interest rates steady at its policy meeting next week but economists held firm…
Banks Egypt’s Current Account Deficit Widens In Year To June: CBE Amwal Al Ghad English Sep 10, 2015 0 Egypt's current account deficit widened to $12.2 billion in the fiscal year that ended in June from $2.7 billion…
Banks Arab Investment Bank profits hit US$16.5mn end June 2015 Noha Gad Sep 7, 2015 0 Arab Investment Bank (AIB) has attained profits worth 130 million Egyptian pounds (US$ 16.5million) within the…
Banks BREAKING: Egypt’s Foreign Reserves rise to $20bn in June Noha Gad Jul 7, 2015 0 Egypt's foreign currency reserves climbed to US$20.079 billion in June 2015, up 2.7 percent from US$19.559 billion…
Industry & Trade Carrefour To Open 5 New Branches In June: Egypt Director Amwal Al Ghad English Jun 9, 2015 0 Carrefour Egypt is planning to open five new branches in June across Egypt, Executive Regional Director of…
Egypt News Egypt To Issue Tender For $3 Bln Worth Of LNG In June: Reuters Amwal Al Ghad English May 24, 2015 0 Egypt is set to launch what will be a highly sought after tender in early June to buy up to $3 billion of liquefied…
Industry & Trade Egypt, Canada Trade Volume hits $1.1bln in 2014- Canadian Chamber Noha Gad Apr 29, 2015 0 Trade volume between Egypt and Canada reached $1.1bn in 2014, Fayez Ezzeldin, Chairman of the Canadian Chamber of…
Egypt News Egypt Hit By Second Quake In June Amwal Al Ghad English Jun 16, 2013 0 The National Research Institute of Astronomy and Geophysics (NRIAG) announced that a 6-magnitude earthquake hit…
Banks Egypt’s FX Reserves Hit US$16.03 Bln, Highest Since Uprising Administrator Jun 6, 2013 0 Egypt’s Foreign Reserves have recorded a remarkable rise of US$ 1.613 billion to reach US$ 16.03 billion by the end…
MENA News Tunisia To Hold Elections In June Amwal Al Ghad English Oct 14, 2012 0 Tunisia's ruling coalition, led by the Islamic Ennahda Movement, said early on Sunday it had agreed to hold…