Niger to see economic rebound driven by oil revenues – World Bank
Niger anticipates an economic recovery driven by oil revenues, according to the World Bank's latest update. Despite…
Browsing Tag
political instability
Africa’s wealthiest city faces $12b repair backlog
Johannesburg, known as Africa’s richest city, requires 221 billion rand ($12 billion) to address maintenance and…
UK utilities slide amid election announcement
UK utilities experienced a significant decline in early London trading on Thursday following Prime Minister Rishi…
European equities seen lower with political instability in Germany
European bourses are set to open lower on Monday morning after preliminary coalition talks in Germany collapsed.…
Europe shares set to open lower as Catalonia crisis reaches crucial stage
Major European bourses look set to open lower Tuesday morning as political instability in the Catalonia region of…
Europe markets seen higher amid Catalonia tensions
Major European bourses are expected to open higher Monday morning, with investors watching political instability in…
European stocks close higher after Renzi’s referendum rejection
European stocks closed higher on Monday following early losses after Italian Prime Minister Matteo Renzi lost a…
Moody’s cuts Brazil credit rating to junk
Moody's became the third big agency to cut Brazil's credit rating to junk Wednesday, citing mounting debt and…
Egypt, Arab League Trade Defies Political Instability
Following several uprisings that occurred in the Arab word in 2011, the region witnessed several political and…
Political instability has ‘surely’ affected employment rates: ALO
The Arab Labor Organization (ALO) began issuing periodic reports since 2008, labour and unemployment being the…
Seven themes that will dominate Davos 2015
World leaders, top business people and campaigners will be debating issues from climate change to political…
EgyptAir Returns to Profitability in Q1, FY14/15
State-owned carrier EgyptAir has returned to profitability during the first quarter of current fiscal year, after…
Fitch: Egypt, Tunisia Ratings may be at “Low Point”
Improvements in the political outlook suggest post-Arab Spring countries Egypt and Tunisia may be at the bottom of…
Centamin Says New Egypt Law Could See Claim Against It Dismissed
Egypt-focused gold miner Centamin said a new law which came into effect in the country on Wednesday could result in…
Egypt to Raise Tourist Visa Fee by $5
Visa fees for tourists coming to Egypt will increase starting May to reach $20 instead of $15. According to Hesham…
IMF: Egypt to Need More Financial Support
Egypt will need further international assistance to put its economy back on track despite receiving huge loans from…
Egypt’s Central Bank Expected to Keep Main Rates on Hold
Egypt's central bank is expected to keep interest rates unchanged at a monetary policy meeting on Thursday, a…
Egypt to Implement New Rules for Companies on Stock Exchange on Feb 1
Egypt's financial regulator will implement new regulations for companies listed on the stock exchange on Feb. 1 to…
Egypt Central Bank Keeps Rates on Hold Amid Sluggish Growth
Egypt's Central Bank (CBE) kept its interest rates on hold as expected on Thursday, as the government strives to…
GB Auto Bets on Geely Cars and Expansion Beyond Egypt
Egypt's biggest car assembler GB Auto (AUTO.CA) is betting on cheaper, locally assembled Chinese vehicles and…
Fitch Cuts Egypt Rating to B- on Political Worries
Egypt’s credit rating was cut by Fitch Ratings on concern that the ouster of President Mohamed Morsi will damp…
Egypt’s Main Gauge Sinks 2.8%, Hits 4-Month Low
Egypt market has incurred losses of EGP 8.4 billion driven by the local selling pressures on Sunday. Consequently,…
IMF Lowers Growth Forecasts For Egypt Economy To 2%
The International Monetary Fund (IMF) cut its 2013 growth forecast for the Egyptian economy to 2% in its April 2013…
Egypt’s Morsi Plans Russia Trip, Wheat And Oil In Focus
Egyptian President Mohamed Morsi will visit Russia next week, a state-run newspaper reported on Friday, in a visit…
Driven By Political & Market Instability, EGX 30 Dives 6.66% In Q1/13
During the first quarter of 2013, the Egyptian Exchange has incurred losses of EGP 20 billion as the capital market…
Al-Kharafi: Egypt Is The Best Arab Country Attracts Investments
Jassem Al-Kharafi, the former Chairman of the Kuwaiti National Assembly, said Egypt is the best Arab country in…
EGX 30 Retreats To 5690 Pts On Foreign Sellers; Monday Closing
The Egyptian Exchange (EGX) has ended Monday’s session posting losses of EGP 1.04 billion driven by foreign selling…
Xceed To Achieve A Growth Rate of 15% in 2012
Xceed for outsourcing services aims to achieve a growth rate of 15% by the end of this year, by increasing the…