forex news Oil prices come off multi-year lows on winter demand hopes Noha Gad Dec 22, 2015 0 Oil prices edged away from multi-year lows on Tuesday as the northern hemisphere moves into the peak-demand winter…
World Asian shares hike as crude claws back some ground Noha Gad Dec 22, 2015 0 Asian shares edged higher on Tuesday, taking solace from Wall Street gains and some stability in recently weak…
World Wall St. drops on lower crude prices, stock options expiry Noha Gad Dec 19, 2015 0 U.S. stocks closed lower on Friday for the second straight day, as concerns, ranging from a decline in crude oil…
World Asian stocks, dollar, climb as Fed takes a first step Noha Gad Dec 17, 2015 0 Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark…
Egypt News UN resolution to target ‘explicitly’ IS oil money aya salah Dec 16, 2015 0 A draft resolution to be submitted to the UN Security Council takes "explicit" aim at the Islamic State group and…
Egypt News Saudi Arabia pledges 5-year oil assistance, $8bn investments to Egypt Noha Gad Dec 16, 2015 0 Saudi Arabia's King Salman pledged oil assistance to meet Egypt's petroleum needs for the upcoming five years,…
Egypt News Egypt seeks to reduce Oil product subsidies to 30 pct in 5 years aya salah Dec 15, 2015 0 Egypt aims to reduce oil product subsidies to 30 percent over the next five years reversing an earlier decision…
forex news Dollar steadies as halt in oil, equities slide provides traction Noha Gad Dec 15, 2015 0 The dollar was little changed versus the yen and euro on Tuesday following a recent wave of selling, taking its cue…
forex news Oil prices drop, Brent to extend losing streak Noha Gad Dec 15, 2015 0 Oil prices dipped on Tuesday, with Brent set to extend its losing streak to an eighth day, as investors remain…
Industry & Trade U.S. Bechtel to pump more investments in Egypt Noha Gad Dec 14, 2015 0 U.S.-based Bechtel Corporation is keen to pump more new investments in the Egyptian market, David Welch -president…