Stocks, dollar recover ground after U.S. jobs report
Stocks overcame early weakness and the dollar and U.S. Treasury yields rallied on Friday after data showed U.S.…
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Fed policymakers agree Trump fiscal boost poses inflation risk
Almost all Federal Reserve policymakers thought the economy could grow more quickly because of fiscal stimulus…
Power sector seizes 60% of natural gas consumption: Egypt’s EGAS
Egyptian electricity sector seizes around 60 percent of state's total consumption of natural gas, an official…
Dollar edges back towards 14-year peak as US debt yields rise
The dollar moved back towards a 14-year peak on Wednesday as U.S. debt yields resumed climbing, giving a lift…
Egypt offers rate relief to firms hit by pound float
Egyptian companies unable to repay US-dollar denominated debts after the devaluation of the pound will be allowed…
Stocks fall as Dow fails to break above elusive 20,000 mark
U.S. equities fell slightly on Wednesday, with real estate lagging, as the Dow Jones industrial average failed to…
Dollar at 14-year peak vs euro on Trump trade
The dollar held the upper hand against its major rivals on Wednesday, sitting near a 14-year top against the euro,…
Asia shares trade mixed ahead of Fed decision
Asian shares flip-flopped on Wednesday with markets cautious ahead of what is expected to be the Federal Reserve's…
Egyptian taxi app Ousta says ride requests climb 30% a week
Egyptian taxi-hailing startup Ousta announced receiving more than 500,000 ride requests claiming to have a 30…
Egypt Post raises interest rates on deposits to 10.25%: Chairman
Egypt's postal authority, Egypt Post has decided to raise interest rate on savings to 10.25 percent as of November…