Sisi meets with 27 regional, global investment funds
Egypt's president Abdel-Fattah El-Sisi met on Monday with representatives from 27 regional and international…
Browsing Tag
Monday
Tunisia strongly condemns terrorist attack in Egypt
Tunisia strongly condemned Monday’s terrorist attack that targeted a security checkpoint in el-Arish, North Sinai…
Egypt parliament to discuss media regulation laws today
Egypt’s parliament will discuss two new draft media laws in a plenary session on Monday, with the first aiming to…
European stocks higher; Deutsche Bank, Brexit in focus
European stocks were higher in morning trade on Monday as markets eye developments on the Deutsche Bank settlement…
AstraZeneca signs $1.5 bln deal with Allergan
AstraZeneca PLC (AZN.LN) said on Monday that it has signed a deal with Allergan PLC AGN, -0.21% worth up to $1.52…
Asian markets higher; pound weakens as Brexit process kicks off
Asian markets were higher on Monday as investors mulled the possibility of a settlement between Deutsche Bank and…
Asia shares rally as U.S. job report seen dimming chance of Sept rate hike
Asian shares rallied on Monday after last week's weaker-than-expected U.S. jobs report prompted investors to trim…
Oil prices reverse early losses, but glut worries cap gains
Crude prices reversed early losses on Monday as the dollar lost its momentum, but persistent concerns over a global…
Brazil’s Oi to file for bankruptcy on Monday
Brazilian telecom provider Oi SA is set to file its bankruptcy reorganization plan with a Rio de Janeiro court on…
Oil falls towards $49 on high output, strong dollar
Oil fell towards $49 a barrel on Monday, pressured by high output from Middle East OPEC members and as a stronger…
Wall Street rises as hawkish Fed boosts financial stocks
Wall Street rose on Monday morning, helped by financial stocks that gained a day after Federal Reserve Chair Janet…
EgyptAir operates 22 flights to Saudi Arabia to transport 4,567 pilgrims
Egyptian airline EgyptAir operates 22 flights to Saudi Arabia on Monday to transport 4,567 pilgrims to Jeddah and…
Oil prices fall over 1 percent on rising Iraq output, strong dollar
Oil prices fell over 1 percent on Monday after the U.S. dollar jumped, with markets pressured as Iraq's production…
Nikkei surges to 1-1/2 week high after Yellen’s speech, weak yen
Japanese stocks surged to 1-1/2-week highs on Monday as the yen weakened after U.S. Federal Reserve Chair Janet…
Dollar hits three-week high vs yen as rate rise signals get louder
The dollar rose to a three-week high against the yen on Monday after senior Federal Reserve officials bolstered…
Wall St. little changed as biotechs offset energy drop
U.S. stocks were little changed on Monday as a drop in oil prices that weighed on the energy sector was offset with…
Oil falls as August price rally seen overblown, China fuel exports jump
Oil prices fell on Monday as analysts doubted upcoming producer talks would rein in oversupply, saying that Brent…
Asian shares drop, dollar gains as investors await Fed hike signal
Asian shares slipped on Monday, while the dollar lifted off last week's lows on expectations a signal might emerge…
VW says talks to end supplier dispute will resume on Monday
Volkswagen (VOWG_p.DE) is seeking a negotiated settlement with suppliers in a dispute over contracts that is…
Oil hits August high on potential producer action to prop up market
Oil prices rose on Monday to fresh highs for the month of August, with the Brent benchmark gaining 11 percent since…
Dollar pinned by easing Fed rate hike expectations
The dollar was softer on Monday, pegged back by sluggish U.S. data that tempered expectations of a Federal Reserve…
China shares hit seven-month high; world yields keep falling
Asian shares set up camp at one-year peaks on Monday as a rally in Chinese stocks helped offset news that Japan's…
Oil rises on new output freeze calls, but traders bet on further falls
Oil prices rose on Monday, lifted by reports of renewed talks by some members of the Organization of the Petroleum…
China stocks rise despite weak trade data; Hong Kong up
China shares inched up on Monday morning, as a surge in coal stocks and sustained interest in property shares…
Credit Suisse, Deutsche Bank to be dropped from STOXX Europe 50 index
Credit Suisse (CSGN.S) and Deutsche Bank (DBKGn.DE) will be dropped from the STOXX Europe 50 index .STOXX50 from…
Oil rises after month of steady decline but oversupply still weighs
Oil rose on Monday, driven by new orders as traders staked out positions at the start of the new month, but the…
Earth quake of 4.8 magnitude jolts Egypt, Saudi Arabia early Monday
A magnitude 4.8 earth quakeon the Richter scale struck a number of Egyptian governorates at 3:46 am according to…
Europe shares dip after Asia hits two-month high, oil rises
European shares fell on Monday, unable to maintain the momentum that took Asian equities to two-month highs after…
Crude oil rises in holiday-constrained trade
Crude oil futures rose on Monday in thin trade as many Asian markets were on holiday for Lunar New Year, with few…
International conference on bridge testing to take place in Egypt tomorrow
Egypt’s Housing and Building National Research Centre (HBRC) will be holding Monday the second International…
PM opens PPP 3rd Investment Summit next Monday
Egyptian Prime Minister Sherif Ismail is to inaugurate the 3rd Annual PPP Investment Summit Egypt that will take…
Egypt’s agriculture minister resigns
Agriculture minister Salah El Din Helal resigned on Monday on the instruction of President Abdel Fattah al-Sisi,…
EGX to increase GB AUTO’s capital Monday
EGX said listing committee approved to increase Ghabbour Auto's (AUTO) capital, and shares will be available…
Egypt’s Journalist Syndicate holds Emergency Meeting Monday
Egypt's Press Syndicate is to hold an emergency meeting on Monday to discuss the ongoing crackdown on journalists…
New 333.000 mobile users in Egypt – MCIT Report
Egyptian Ministry of Communication and Information Technology’s indexes (MCIT) revealed Monday that 333.000…
Egypt’s Premiere Inaugurates Assuit Power Plant next Monday
Egyptian Prime Minister Ibrahim Mahlab and Electricity Minister Mohamed Shaker will inaugurate Assiut power plant…
Cape Town-Cairo Road to be Ready in Few Months: Minister
A road linking between Egypt’s Alexandria and South Africa’s Cape Town- known as Cape to Cairo road- will be…
Bank of England leaves Key Rate at 0.5%
The Bank of England made no changes to monetary policy at its meeting on Monday, as expected, maintaining its…
Fairmont Hotels, City Stars sign Agreements worth $2bn: Canadian Ambassador
The total amount of recent agreements signed between the Canadian and Egyptian sides amount to US$7bn, said the…
Sudan’s al-Bashir Re-elected with 94% of Vote
Sudan's President Omar al-Bashir extends his 25-year rule and won re-election with 94 %of votes, according to…