Minister: Egypt could become new international hub for investment
Egypt could become a new international hub for investment and international cooperation, Minister of Investment…
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Asian markets trade mixed following Wall Street losses; China data falls short
Shares in Asia were were mixed in Monday trade after Wall Street closed lower on news that planned stateside tax…
Egypt unemployment rates to rise 3 times if population growth continues
Egypt’s current population growth rates continue the same until 2030, unemployment rates will rise to three times…
Egypt CBE increases reserve requirement on deposits by 14%
The Central Bank of Egypt (CBE) said on Tuesday it is increasing the reserve requirement on deposits from ten…
Oil prices mixed as US stockpile rise takes shine off OPEC higher demand view
Oil prices were mixed on Wednesday, dampened by reports of rising U.S. crude stockpiles but retaining some of the…
Bank of Canada’s silence leaves markets looking for more clues on rates
The Bank of Canada’s reticence to guide markets on the future path of monetary policy has left many scrambling to…
Oil markets dip storm Harvey fallout; Hurricane Irma heads into Caribbean
Oil prices slipped on Wednesday as crude demand remained subdued on the back of refinery closures following…
Egypt’s policy measures improve banking but investments slow: BLOM official
Egypt's policy decisions last November to float the pound and subsequently raise interest rates have improved…
Dollar jumps vs yen, outlook seen clouded by N.Korea tensions
The dollar edged higher against the yen on Monday, pulling away from last week's near 4-month low, with rising…
Dollar prices drift lower as investors await US inflation data
The dollar inched down slightly in Asian trading on Tuesday, but maintained most of the gains it made on last…