German manufacturing orders rise 3.9% in June
German manufacturing orders rose by 3.9 per cent in June 2024 from the previous month, marking a recovery after…
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European shares rise on oil gains, strong earnings
European shares began the week with a modest rise, driven by global oil price gains amid Middle East conflict and…
Gold slips on firmer dollar, muted response to US-Iran tension
Gold prices edged down on Tuesday on a firmer dollar and a rise in U.S. Treasury yields and as investors' reaction…
Oil prices fall on unexpected growth in US crude stocks
Oil prices fell on Thursday, weighed down by a surprise rise in U.S. crude inventories and by expectations that…
Kuwait Real Estate profits surge 33% in Q1
Kuwait Real Estate Company announced a 33.1 percent increase in first-quarter profits compared to the same period…
Asian markets rise on final trading day of the month
Asian shares increased on the last trading day of the month
Chinese-Egyptian trade exchange rises by 91.1% in Feb. 2017
The volume of trade exchange between Egypt and China recorded 1.002 billion dollars during February, the Chinese…
Oil firm on surprise US crude inventory draw, OPEC-led cuts
Oil prices were firm on Thursday, buoyed by a surprise decline in U.S. crude inventories as well as ongoing supply…
Oil prices stable on healthy demand, but oversupply looms later in 2018
Oil prices were stable on Thursday, supported by healthy global demand but held back by the relentless rise in…
Oil prices fall on relentless rise in US crude output
Oil prices fell on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output…
Dow closes 254 points lower as Walmart posts worst day since January 1988
The Dow Jones industrial average fell sharply on Tuesday, pressured by a steep decline in Walmart shares and a rise…
Gold holds steady near 2-1/2-week high as dollar dips
Gold prices held steady on Thursday, near the 2-1/2-week high hit in the previous session, supported by a weaker…
Gold prices drop as dollar strengthens after US jobs data
Gold prices declined on Friday as the U.S. dollar ticked up against the euro after U.S. jobs data showed a robust…
Dollar firm, underpinned by higher US bond yields as markets await Fed
Dollar prices traded above a recent three-year low against a basket of major currencies on Tuesday, having drawn…
Egyptian private investments rise 15.2% in Q1-FY2017/18
Egypt's Ministry of Investment and International Cooperation (MIIC) announced Wednesday that county's private…
Oil near 3-year highs on output cuts despite rising North American rig count
Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia…
Gold prices turn in best year since 2010
Gold hit a one-month high on Friday and ended the year with its biggest annual rise since 2010 as a wilting…
Dollar prices at 1-month high on strong price data as markets await Fed
The dollar stood near a four-week high against a basket of currencies on Wednesday after strong U.S. wholesale…
Oil prices drop on increased US rig drilling
Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase in…
Growth rate has increased due to investment surge, says Egypt’s minister
Egypt’s Minister of Planning Hala Al-Saeed said Thursday that a rise in investments in the country has…
Oil falls on doubts over extending output cuts, surprise rise in US crude stocks
Oil prices fell on Wednesday on doubts OPEC and Russia will agree on extending a crude production cut that the…
Egypt’s textile exports rise 3% in ten months
Exports by Egypt’s Textile Export Council (TEC) between January and October stood at $673 million, a 3 percent rise…
Russian billionaire’s bank bets on Egypt as Mideast risk rises
Renaissance Capital, the investment bank owned by Russian billionaire Mikhail Prokhorov, is taking a long-term bet…
Egypt’s Sinai Cement board approves capital rise to 1.3 bln pounds
Egyptian Sinai Cement Company’s board has approved Monday to increase the company’s issued capital to one billion…
US crude posts 5.1% weekly gain, settling at $49.89, for best performance in 7 weeks
Oil prices posted their highest weekly rise since the end of July on higher demand forecasts and the restart of…
Ride-hailing app Uber increases fare in Egypt after fuel price hike
The San Francisco-based cab-hailing company- Uber increased their fare prices in Egypt early to meet the new rise…
Qatar shows mettle, offers compromise as Gulf states prepare meeting
Qatar announced plans for a steep rise in Liquified Natural Gas (LNG) production capacity on Tuesday that…
Oil prices fall on OPEC supply rise, but political risk supports
Oil dipped on Wednesday, pulled down by another rise in OPEC supplies despite a pledge to cut production, but…
Egyptian Arab Land Bank total assets rise to 3.6 billion pounds
Egyptian Arab Land Bank (EALB) recorded total assets of about 3.6 billion Egyptian pounds at the end of April 2017…
Exports of ready-made clothes to hike 10% in 2017: Egypt’s council
Egyptian Ready-made Garments Export Council (RMGEC) plans to raise sector's exports by ten percent to hit US$1.4…
Expolink: Egypt’s exports to Africa to rise by $300mln in 2017
Egyptian Exporters Association -Expolink targets raising the volume of Egyptian exports to Africa by US$300 million…
Pope Francis warns against rise in populism
Pope Francis has warned against a rise in populism and the dangers of allowing political crises to usher in…
Death toll from Cairo church bombing rises to 28
Cairo's St. Peter and St. Paul Church declared on Wednesday that the death toll from the December bombing at the…
Death toll in Cairo church bombing rises to 27
An Egyptian woman who was severely wounded in the Cairo church bombing on 11 December died of her injuries on…
Steel prices to rise by 500 pounds soon: Egypt’s Metallurgical Chamber
Steel prices in the Egyptian market are set to be raised by 500 pounds within the upcoming days, Head of Chamber of…
Higher education graduates number rises 22.7%, hits 378K in 2015: Egypt’s CAPMAS
The total number of higher education graduates climbed to 378,000 in 2015 versus 308,000 in 2014, making a 22.7…
Saudi Arabia appoints new labor minister, reshuffles religious and Shura councils
King Salman bin Abdulaziz has replaced Saudi Arabia's labor minister, state media reported on Friday, after…
Glass exports rise 3%, hit $96M in eight months- Egyptian Council
Egyptian exports of glass products rose by 3 percent in January-August 2016 to US$96.14 million compared to US$93.4…
Oil prices rise on Nigeria pipeline attack, weaker dollar
Crude oil futures rose on Thursday as an attack on a Nigerian oil pipeline and a weaker U.S. dollar buoyed…
Asia markets trade mixed, as oil prices rise more than 1%
Asian markets were mixed early afternoon after a short-lived recovery, even as oil prices jumped nearly 1 percent…