Oil prices fall on relentless rise in US crude output
Oil prices fell on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output…
Browsing Tag
Losses
Egypt Gas reports 6% surge in 2017 profits
State-run Egypt Gas Company’s profits rose by 6 percent, registering around 25.6 million Egyptian pounds ($1.4…
Dow closes 380 points lower, snaps longest monthly win streak since 1959
U.S. stocks fell sharply in choppy trade Wednesday, giving up earlier gains, as Wall Street wrapped up a volatile…
Egypt’s Global Telecom Holding turns into losses, achieving $42 mln in 2017
Egypt’s Global Telecom Holding (GTH), previously Orascom Telecom Holding Company, announced Thursday that it turned…
Global environment positive, Gulf earnings mostly lacklustre
The global market environment is positive for Gulf stock markets on Thursday although mostly lacklustre corporate…
Dollar hits 15-month low vs yen, some see further slide
Dollar prices extended its losses against the yen and hit a fresh 15-month low on Thursday, with market…
Egyptian Iron and Steel losses hit 231 mln pounds in first 7 months of 2017
State-owned Egyptian Iron and Steel Company incurred losses stood at 231 million Egyptian pounds (13 million)…
Egypt’s Memphis Pharmaceuticals losses hit 19.8 mln pounds in H1-FY2017/18
Egypt’s Memphis Pharmaceuticals and Chemical Industries (MPCI) unveiled Tuesday that its losses stood at 19.8…
Asian shares rise following Wall Street advance; Hang Seng leads gains
Asian markets advanced on Tuesday, after stateside indexes recorded their second day of gains following last week's…
Oil prices rise 1% as stocks markets steady
Oil prices rose by one percent on Monday, recovering at least some of last week's steep losses as Asian stock…