Banks Insurance sector investments in treasury bills rise 4.1% – CBE report Noha Gad Feb 18, 2016 0 The investments of insurance firms in treasury bills have increased by 4.1 percent at the end of November 2015, the…
Egypt News MPs call for banning dollar trading outside banks aya salah Feb 16, 2016 0 Members of the Egyptian parliament said the sharp rise in the price of the dollar against the Egyptian pound…
Industry & Trade Sisi rises customs tariffs on hundred of imported goods by 40% Noha Gad Feb 1, 2016 0 Egyptian President Abdel-Fattah El-Sisi has issued a decree raising customs tariffs imposed on a large number of…
Industry & Trade Egypt’s Norpetco rises oil production to 8,000 B/D; petroleum minister says Noha Gad Jan 28, 2016 0 Oil production rates of Egypt’s North Bahariya Petroleum Company (Norpetco) have reached around 7641,000 barrels…
Banks BofA profit up as costs fall, revenue rises in most businesses aya salah Jan 19, 2016 0 Bank of America Corp, the No. 2 U.S. bank by assets, reported Tuesday a better-than-expected rise in profit for…
Banks Egypt bond auction yields to rise 20 bps after rate hike: Bankers Noha Gad Dec 29, 2015 0 Yields on Egypt's 18-month, three-year, and seven-year Treasury bonds are likely to rise by no more than 20 basis…
World Asia stocks dip, Japan bucks trend on oil bounce, dollar wobbles Noha Gad Dec 28, 2015 0 Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese…
World China, Japan markets rise as energy rebounds Noha Gad Dec 26, 2015 0 Markets in China and Japan edged up Friday, capping a week of recovery for the region’s energy shares. The Shanghai…
forex news U.S. crude rises to premium over Brent as exports loom Noha Gad Dec 23, 2015 0 U.S. crude prices briefly rose to a premium over internationally traded Brent on Wednesday following a report of a…
Egypt News Egyptian annual inflation rises 11.8% in November: CAPMAS Noha Gad Dec 10, 2015 0 Egypt's annual inflation rate boosted 11.8 percent in November compared to 10.3 percent in October, official…