Business Activity Steadier In May As Employment Rises: PMI
Business activity in Egypt's private sector, excluding oil, shrank for the fifth month in a row in May but edged…
Browsing Tag
May
Insurance losses from Australian storms reach A$1.55bn
Severe storms that hit Australia during April and May have led to more than A$1.55bn (US$1.18bn; £778m) in…
China’s Slowing Economy may steady Later this year: State think tank
Short term policies could stabilize China's slowing economy in the second half of this year, but for growth to make…
Japan May flash manufacturing PMI back in expansion territory as orders pick up
Japanese manufacturing activity rebounded modestly in May as output and new orders picked up, suggesting a…
China May flash HSBC Factory PMI shrinks for third month
Chinese factory activity contracted for a third month in May and output shrank at the fastest rate in just over a…
ADNOC to reduce Murban Crude Volumes to Asia for 3rd month
The United Arab Emirates' state-run Abu Dhabi National Oil Company will reduce its flagship Murban crude volumes to…
Gold Rebounds after Two down Days
Gold rebounded slightly on Wednesday to shake off back-to-back losses, ahead of another day filled with economic…
China’s May Exports Gain Steam But Imports Fall Unexpectedly
China's exports gained steam in May thanks to firmer global demand, data showed on Sunday, but an unexpected fall…
NBE, SFD Sign EGP 117 Mln Contract to Finance SMEs
National Bank of Egypt (NBE) has signed a new contract this week with Social Fund for Development (SFD) at a value…
Experts Predict Higher Inflation Rates Amid Unchanged Interest Rates
Following the decision by Egypt’s Central Bank to keep the main overnight deposit, lending and discount rates at…
