Wall Street leans toward only two Fed rate hikes before year-end
A majority of Wall Street's top banks now expect the Federal Reserve to raise interest rates only two more times by…
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Fed not likely to reverse course on rates: Yellen
The Federal Reserve is unlikely to reverse its plan to raise interest rates further this year, but tighter credit…
Egypt raises export duty on scrap fabrics by 40% – minister
Egypt is to raise duties on exports of scrap fabrics used in the manufacturing of furniture fabrics by 40 percent,…
Egypt’s Beltone Capital targets share sale in 2016
Egypt's Beltone Capital, which aims to raise 1 billion Egyptian pounds ($128 million) in an initial public…
Asian central banks, governments breathe sigh of relief after Fed lifts off
Asian governments and central bankers breathed a collective sigh of relief on Thursday after currencies edged up…
Asia stocks slip, dollar strong as Fed opens door to Dec hike
Asian shares fell and the dollar stood tall on Thursday, after the U.S. Federal Reserve revived market expectations…
Egypt’s monorail scheme loan upped to $822mn
A banking consortium has raised its offer to finance the monorail project by 1.3 billion Egyptian pounds, a source…
U.S. to raise Iranian missile test at U.N. Security Council
A missile test announced by Iran over the weekend was an apparent violation of a U.N. Security Council resolution…
Al Baraka Bank Egypt to raise paid-up capital to $128mn end 2015
Al Baraka Bank Egypt targets boosting current paid-up capital - estimated at EGP 895 million- to one billion…
Indonesia urges U.S. Fed to hurry up and raise Rates
Indonesia wants the U.S. Federal Reserve to hurry up and raise interest rates because uncertainty over when it will…
