Egypt’s non-oil business activity falls to 40-month low as costs rise
Business activity in Egypt shrank in November, with the deterioration picking up pace for the fourth consecutive…
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Dollar index hits eight-month high, euro weakens
The dollar increased to its highest level since early February against a basket of currencies on Friday, boosted by…
Egypt’s non-oil business activity slowdown stretches to one year -PMI
Business activity in Egypt shrank for the 12th consecutive month in September, with output declining the most in…
Dollar weaker against yen as U.S. data quash rate hike bets
The dollar fell to its lowest in more than a week against the yen on Wednesday as subdued U.S. data made an…
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…
Euro zone producer prices rise more than expected in June
Euro zone producer prices rose by more than expected in June for a second consecutive month, driven by soaring…
Russia escapes IOC blanket ban for Rio Olympics
The International Olympic Committee (IOC) has rejected clarion calls for Russia to be banned from next month's Rio…
Citibank to close Venezuela government accounts
Venezuela's President Nicolas Maduro said on Monday that Citibank NA C.UL, planned to shut his government's foreign…
Pakistan floods kill 28, including worshippers at mosque
Flash floods triggered by heavy rain have killed at least 28 people in northern Pakistan, officials said on Sunday,…
Annual inflation in Egypt eases to 9.2% for 3rd month in row
Egypt’s annual headline inflation eased for the third consecutive month to 9.2 percent in March 2016 from 9.5…
Kuwait to supply 3m barrels of crude oil to Egypt per month
Kuwait Petroleum Corporation (KPC) will supply Egypt with about 3m barrels of crude oil per month, as well as solar…
Suez Canal revenues drop for the third month in a row
Egypt's Suez Canal revenues dropped -for the third month in a row- 6.9 percent in October 2015 to US$448.8…
Euro slips to six-and-a-half month lows after Paris attacks
The euro hit a 6 1/2-month low against the yen and edged near 6 1/2-month lows against the dollar in Asia on Monday…
Awareness month: six symptoms of breast cancer
How often do you check your breasts? If your answer is never, know that breast cancer is one of the common types of…
Cement price stable for 9th month, steel price stable for 8th month
Cement prices in Egypt have stayed stable for the ninth consecutive month, said Minister of Supply Khaled…