forex news Oil prices hover near 2019 highs as OPEC supply cuts support Amwal Al Ghad English Mar 19, 2019 0 Oil prices hovered just below 2019 highs early on Tuesday, supported by ongoing supply cuts led by producer club…
forex news Gold holds firm on easing rate hike expectations Amwal Al Ghad English Dec 12, 2018 0 Gold was steady early on Wednesday, supported by expectations of fewer rate hikes by the U.S. Federal Reserve next…
forex news Oil extends gains after OPEC-led group seals deal to cut supply nada nasser Dec 10, 2018 0 Oil prices rose on Monday, extending gains from Friday when producer club OPEC and some non-affiliated producers…
forex news Oil rises on North Sea outage, ahead of OPEC, G20 meetings Amwal Al Ghad English Nov 28, 2018 0 Oil rose by one percent on Wednesday ahead of an OPEC meeting next week at which the producer club is expected to…
forex news Oil prices rise on expected OPEC cut, but markets remain wary Amwal Al Ghad English Nov 19, 2018 0 Oil prices rose on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply…
Industry & Trade Aramco OKs supplies to Egypt’s refineries for further six months Amwal Al Ghad English Jun 19, 2018 0 Saudi Arabia's state-owned Aramco has approved to supply Egypt's refineries with crude oil for further six months…
forex news US oil extends decline, weighed down by dollar, rising output Yomna Yasser Jan 30, 2018 0 U.S. oil slipped on Tuesday, extending losses into a second session, as a strengthening dollar sapped demand for…
forex news Brent oil hits $71 for 1st time since 2014 as dollar drops, US stocks decline Yomna Yasser Jan 25, 2018 0 Brent oil prices hit $71 per barrel on Thursday for the first time since 2014 as the dollar continued to weaken…
forex news Oil: OPEC meeting at month-end in focus Yomna Yasser Nov 20, 2017 0 Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting…
Industry & Trade Egypt world’s top date producer: FAO Yomna Yasser Nov 19, 2017 0 Egypt is the number one producer of dates in the world, ahead of Iran and Saudi Arabia, the United Nation’s Food…
Industry & Trade Egypt’s Arabian Cement Q3 profits jump to 95.9 million pounds Yomna Yasser Nov 6, 2017 0 Egypt’s third largest cement producer, Arabian Cement (ACC) reported Monday an increase in its third-quarter…
Industry & Trade Chemical producer Kima Egypt profit Q1 jumps to 17.4 mln pounds Yomna Yasser Oct 30, 2017 0 Egyptian Chemical Industries Company’s (Kima) first-quarter net profit jumped to 17.4 million Egyptian pounds…
Industry & Trade Egypt Aluminum Q1 net profit jumps to 712 million pounds Yomna Yasser Oct 29, 2017 0 Egypt Aluminum Company’s (Egyptalum), the largest aluminium producer in Egypt and Africa, first-quarter net profit…
Industry & Trade Egypt’s food provider Edita launches first ever donut line Yomna Yasser Oct 25, 2017 0 Egypt’s largest snack food producer Edita, is begining the first ever donut line in Egypt at its new E08 factory in…
World Stocks in Asia climb as dollar edges up; copper holds onto gains Yomna Yasser Oct 17, 2017 0 Stocks in Asia rose on Tuesday as commodities held onto most overnight gains made on the back of…
World Asian markets rise as investors digest China inflation data Yomna Yasser Oct 16, 2017 0 Most major Asian indexes climbed on Monday as investors digested the release of China inflation data. Japan's…
Industry & Trade Egypt’s Ezz Steel narrows Q2 losses by 97% Yomna Yasser Oct 9, 2017 0 Egypt’s largest steel producer Ezz Steel reported Monday that its second-quarter losses had narrowed 97 percent…
International News SDX Energy unveils a new oil discovery in Egypt Yomna Yasser Oct 5, 2017 0 SDX Energy Inc has announced a new oil discovery in Egypt, with the Rabul-2 well unearthing heavy crude in the West…
Industry & Trade Saudi Arabia braces for possible delay to Aramco IPO: Bloomberg Yomna Yasser Sep 14, 2017 0 Saudi Arabia is preparing contingency plans for a possible delay to the planned initial public share offering of…
Industry & Trade China Aug producer inflation climbs to 4-month high as economy races along Yomna Yasser Sep 10, 2017 0 China's producer price inflation accelerated more than expected to a four-month high in August, fueled by strong…
Industry & Trade Egypt’s tobacco maker Eastern Co eyes 300mn pounds-revenues in FY2018 Yomna Yasser Jul 26, 2017 0 Egypt's top cigarette maker Eastern Company is planning to achieve revenues worth 300 million Egyptian pounds…
forex news Oil dips on rising US crude inventories, high OPEC supplies Yomna Yasser Jul 19, 2017 0 Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high supplies from producer club…
forex news Oil prices recover some losses but market still under pressure Yomna Yasser Jul 10, 2017 0 Oil prices recovered some losses on Monday after a three percent fall in the previous session, but markets remain…
Industry & Trade Italy’s Ariston to pump new investments in Egypt Noha Gad Jan 21, 2017 0 Italian heating systems producer Ariston Thermo plans to inject new investments in Egypt to manufacture home and…
World Asian stocks lower; China producer prices rose sharply in December Yomna Yasser Jan 10, 2017 0 Asian markets were under pressure on Tuesday, as investor sentiment soured after the Dow retreated further from the…
forex news Oil prices slip ahead of OPEC, non-OPEC production cuts Yomna Yasser Dec 28, 2016 0 Oil prices edged down on Wednesday in quiet early Asian trading as the market waits to see how OPEC and non-OPEC…
Egypt News Egyptian police arrest Al Jazeera news producer Noha Gad Dec 24, 2016 0 Egyptian police arrested an Al Jazeera news producer on Friday over accusations of attempting to overthrow the…
International News US to disclose estimate of number of Americans under surveillance nada nasser Dec 18, 2016 0 The U.S. intelligence community will soon disclose an estimate of the number of Americans whose electronic…
International News South Korean President ‘willing to resign’ nada nasser Nov 29, 2016 0 South Korean President Park Geun-hye has said that she has asked parliament to help her find a way to stand down.…
forex news Oil prices climb in anticipation of planned OPEC-led production cut Yomna Yasser Nov 22, 2016 0 Oil prices rose to their highest level since October on Tuesday as the market priced in a potential output cut led…
forex news Oil slips towards $47 as hopes for producer action wane Noha Gad Sep 6, 2016 0 Oil slipped towards $47 a barrel on Tuesday, falling further from the previous session's one-week high on receding…
Industry & Trade Meat producer El-Hassan & El-Hussein hopes to restore Port Said land for… Noha Gad Aug 10, 2016 0 Egyptian food and meet producer El-Hassan and El-Hussein for Industrial Investment and Trading eyes…
Industry & Trade Euro zone producer prices rise more than expected in June Noha Gad Aug 2, 2016 0 Euro zone producer prices rose by more than expected in June for a second consecutive month, driven by soaring…
Industry & Trade Dairy maker Juhayna eyes $562mn-sales in Egypt by end-2016 Noha Gad Jul 21, 2016 0 Egyptian dairy producer Juhayna For Food Industries plans to raise sales volume by 20 percent to hit five billion…
Industry & Trade Coca-Cola plans investing $500mn in Egyptian market Noha Gad Jun 29, 2016 0 Soft drink producer Coca-Cola Egypt plans injecting new investments of US$500 million into Egyptian market within…
Industry & Trade China April inflation data sharpens debate on need for more easing Noha Gad May 10, 2016 0 China's consumer inflation remained modest in April, while producer prices' four-year slump moderated as commodity…
forex news Oil prices fall 2 percent on producer meeting doubts, stronger dollar Noha Gad Apr 13, 2016 0 Oil futures fell around 2 percent on Wednesday on concerns that a producer meeting planned for Sunday could fail to…
USA Peabody, world’s top private coal miner, files for bankruptcy Noha Gad Apr 13, 2016 0 Peabody Energy Corp (BTU.N), the world's largest privately owned coal producer, filed for U.S. bankruptcy…
forex news Oil dips after analysts pour cold water on output freeze prospects Noha Gad Apr 11, 2016 0 Crude prices dipped on Monday as analysts, including Goldman Sachs, poured cold water on the prospects of a planned…
EGX Dairy maker Domty seeks to raise $140mn by floating shares in Cairo bourse aya salah Mar 2, 2016 0 Egypt's dairy producer Domty have commenced steps of floating its shares on Cairo bourse with the aim of collecting…