Oil recovers some previous losses, but doubts over supply cuts linger
Oil markets edged higher on Tuesday on expectations that at least some planned production cuts would be…
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Metallurgical Industries: Egypt imported 1.7M tonnes of steel in 2016
Egypt imported around 1.7 million tonnes of steel during 2016 through a number of major markets from China and…
European markets seen higher; euro zone unemployment data eyed
European bourses are set to open higher on Monday continuing the gains seen in the U.S. and Asian markets. The FTSE…
IMF deal eases Egypt’s market pressure along with other frontier markets: Fitch
IMF support has played an important role in reducing external liquidity risks, medium-term default risks in Egypt,…
Cairo-based property developer Azmeel plans Gulf expansions
Egyptian property developer Azmeel Group is planning expansions into the Gulf as being among the most influential…
Oil prices edge up on expected US crude inventory draw
Oil prices nudged higher on Wednesday on expectations of a U.S. crude inventory draw, although trading activity was…
Gold steady as Germany, Turkey incidents fail to prompt safe-haven buying
Gold prices were steady on Tuesday after deadly incidents in Germany and Turkey failed to spur safe-haven buying,…
Oil prices steady in run-up to Christmas
Oil prices moved very little on Tuesday, with liquidity fading in the run-up to the Christmas weekend. U.S. West…
Gold falls to over 10-month low as Fed signals more rate hikes
Gold prices dropped to their lowest in over 10 months on Thursday, with the dollar surging after the United States…
Gold prices firm as dollar dips ahead of Fed rate decision
Gold prices edged higher on Wednesday on a weaker dollar and as markets waited for the outcome of the U.S. Federal…