German inflation to dip below ECB target – Ifo
German companies experienced a decline in price expectations in March, hitting a three-year low, according to the…
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Egypt’s urban inflation leapt to 14.4 pct in Feb
Egypt’s annual urban consumer price inflation increased to 14.4 percent in February from 12.7 percent in January,…
BP to invest $1.8 bln in Egypt this year: CEO
BP's Chief Executive Bob Dudley on Monday said the company will invest about $1.8 billion in Egypt this year and he…
Palladium scales peak on supply deficit; gold steady on Fed pause
Palladium rose to a record high on Thursday on lower supply and increasing demand for the metal used in auto…
Oil rises on hopes of successful US-China trade talks
Oil rose on Wednesday, extending gains from the previous session on hopes that Washington and Beijing can resolve a…
SoftBank sets indicative IPO price at 1,500 yen, unchanged from initial estimate
SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen for its telco…
Egypt to increase a maximum of €2 bln with planned bond
Egypt will raise up to €2 billion with its planned dual-tranche bond, which is expected to price later on Monday, a…
Bitter reality for Egypt’s sugarcane farmers
It is sugarcane harvesting season again, and negotiations between government officials, representatives of…
Cairo urban consumer price inflation falls 21.9% in December 2017
Egypt’s annual urban consumer price inflation fell by 21.9 percent in December 2017 from 26 percent in November…
Recession hits Egyptian gold market
The gold price climbed 7 Egyptian pounds domestically on Saturday, driven by global price hikes, amid a state of…
Egypt’s firms obliged to label all food products with prices by January: minister
Egyptian companies will begin applying price tags to food products starting Monday or else be subject to legal…
Cairo underground metro’s ticket prices to be increased next October
Egypt will increase the price of underground metro tickets and base it on the length of each commute next…
Egypt’s customs tax of imported cars to fall by 80% next January
Head of Egypt’s Customs Authority Magdy Abdel Aziz said Sunday that the customs tax on cars, which currently…
Egypt’s annual urban consumer price inflation down to 26 % in Nov -CAPMAS
Egypt’s annual urban consumer price inflation fell to 26 percent in November from 30.8 percent in October,…
Cigarette prices won’t be raised until Egypt’s president ratifies tax bill
Egypt's cigarette producer Eastern Company said on Wednesday that it will not raise the price of cigarettes until…
European markets edge lower amid earnings; Brexit talks conclude; Leonardo tanks 14%
European markets closed down Friday afternoon as a slowdown in corporate earnings spurred profit-taking among…
Egyptian urban consumer inflation falls 30.8% in October
Egypt’s annual urban consumer price inflation eased slightly in October to 30.8 percent from 31.6 percent in…
Egypt Gas approves to hike natural gas price to 800 pounds per consumer
State-run Egypt Gas Company approved Sunday to increase the price of natural gas to home consumers to reach 800…
Europe closes mixed on earnings; Volvo up 7%; STOXX 600 down 0.4% on week
European markets closed mixed on Friday afternoon, as investors reacted to corporate earnings and monitored…
Egypt and India continue supporting Russian milling wheat market
The Russian milling wheat market featured mixed price trends this past week. Export prices for Russian milling…
Egypt’s GDP growth projected at 4.5% in FY2017/18: IMF report
Egypt’s gross domestic product (GDP) is predicted to increase by 4.5 percent in financial year 2017/2018,…
CAPMAS: Egypt’s annual inflation rate drops 31.6% in September
Egypt’s annual urban consumer price inflation eased slightly in September to 31.6 percent from 31.9 percent in…
Qatar stocks up again in otherwise weak region, Dana Gas flat after trial adjourned
Qatar’s stock market extended gains in early trade on Wednesday as local investors bought on price dips, in an…
UK wind electricity cheaper than nuclear: data
The price of electricity from offshore wind in Britain has dipped below the level guaranteed to Hinkley Point,…
Egypt’s annual inflation rate falls 31.9% in August
Egypt’s annual urban consumer price inflation eased slightly in August to 31.9 percent from 33.0 percent in July,…
Egypt’s Misr Petroleum reports 10% fall in 92-octane gasoline sales
Egypt's sales of 92-octane gasoline fell by ten percent by during July 2017, the chairman of the country's…
Snap closes below $17 IPO price amid fears insiders to dump shares
Shares of Snap on Monday fell below their IPO price for the first time, just ahead of a crucial period for the…
Facebook’s Oculus cuts price of virtual reality set, matching rival
Oculus, the virtual reality company owned by Facebook Inc, is temporarily cutting the price of its hardware, as the…
Cairo urban consumer price inflation jumps by 29% in June
Egypt's annual urban consumer price inflation slightly rose in June to 29.8 percent from 29.7 percent in May, the…
Egyptian Cabinet announces new electricity price hikes this July
Egyptian Prime Minister Sherif Ismail announced Thursday that a new electricity price increase will begin this July…
European markets seen weaker at open, with oil, politics set to dominate
European bourses are expected to be under pressure at Thursday's open, as European politics and price volatility…
Kuwait says OPEC, non-OPEC could deepen oil cuts
OPEC and non-member oil producers could deepen output cuts or extend them for a year at a meeting in Vienna this…
Egypt doubles ticket price on Cairo metro to two pounds
Transport Minister Hesham Arafat issued a decision doubling the metro ticket price to two Egyptian pounds starting…
Snap’s shares up 9% after winning second buy recommendation
Shares of Snap jumped nine percent on Wednesday after the owner of messaging app Snapchat received a second analyst…
Egypt approves price hike for multiple entry tourist visas
Egypt's Cabinet decided on Tuesday to raise the price of multiple entry tourist visas from $35 to $60, while…
Vodafone, Idea Cellular to create new Indian market leader
Britain's Vodafone Group (VOD) and Idea Cellular agreed on Monday to merge their Indian operations to create the…
Vodafone pays price for inertia as rivals pull ahead
British mobile operator Vodafone risks being left on the sidelines as rivals converge to break free from just…
Cairo boosts supply price of wheat for 2017 crop season- ministry
Egypt said Wednesday it raised the supply price of wheat it will buy from farmers from mid-April to mid-July to…
Dollar prices up after Trump as Fed March hike in sight
U.S. dollar spurted higher in Asian trade on Wednesday as Federal Reserve policy-setters fanned expectations of a…
Mexico warns US over border wall funding
Mexico has warned the U.S. against imposing a unilateral tax on Mexican imports to finance a border wall, saying it…