Oil rises on weaker dollar, U.S. production outlook caps gains
Oil prices rose on Wednesday with a weaker dollar underpinning the market, although gains were limited by…
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Egypt’s imports from China reach $3.6bn in ten months
Egypt's imports from China rose during the first ten months of 2016 by 9.2 percent to 67.9 billion Egyptian pounds…
Foreign reserves rise to $24.265 bln at end-December: CBE
Egypt's net foreign reserves rose to $24.265 billion at the end of December from $23.058 billion at the end of…
German imports to Egypt rise 8.4% in eight months
Egypt's imports from Germany rose by 6.6 percent during the first eight months of 2016 to 31 billion Egyptian…
Chinese imports to Egypt hit $2.6bn in 8 months
Egypt's imports from China rose by 0.4 percent in January-August 2016, representing 13.4 percent of state's total…
Foreign investments in Egypt hit $6.8b in FY2015-16: Ministry
The net volume of foreign investments in Egypt rose by 7.2 percent in financial year 2015-16 to US$6.84 billion…
Libya pipeline restart cuts into oil rally
Oil prices rose on Tuesday but settled below session highs after Libya announced the reopening of pipelines after a…
Wall Street gains as traders bet on Clinton triumph
U.S. stocks rose for a second straight session on Tuesday as investors bet Democratic candidate Hillary Clinton…
Beef, cattle seven-month imports record $684mn- Egypt’s CAPMAS
Egyptian imports of beef and cattle rose by 2.4 percent during the first seven months of 2016 to 8.9 billion…
Qalaa’s revenues rose 11pct in Q2 of 2016
The total revenues of Egypt’s Qalaa Holdings, an African leader in energy and infrastructure, witnessed an increase…
Gold production from Sukari Mine rises 41%: Centamin Egypt
Gold mining company Centamin Egypt announced Wednesday preliminary production results for the third quarter of 2016…
Asian shares rise, dollar firms after upbeat U.S. data
Asian shares shrugged off a sluggish start and pushed higher on Tuesday, with Japanese markets leading the way…
Egypt’s foreign reserves rose to $19.6bn in September: CBE
Egypt’s net international reserves rose in September to $19.591 billion up from $16.564 billion in August, the…
China Aug imports rise for first time in nearly two years as demand picks up
China's imports unexpectedly rose in August for the first time in nearly two years, boosted by coal and other…
770,000 new subscribers to mobile services in Egypt: MCIT
The number of subscribers to mobile services rose by 0.71% in June compared to May—from 95.4 million users to 96.2…
Asia stocks hit 1-year high as soft U.S. data quells Fed hike talk
The dollar tumbled and Asian stocks rose to one-year highs on Wednesday after surprisingly weak U.S. services…
Alexandria Pharmaceuticals FY2015/16 profits up 21%
Alexandria Pharmaceuticals and Chemical Industries (AXPH.CA) said profits for financial year 2015/2016 rose 21…
Detergent exports rose by 46% in six months- Egypt’s Council
Egyptian exports of detergents rose by 46 percent in January-June 2016 to around 934.6 million pounds (US$105.2…
Egypt’s non-petroleum exports hit $11.6bn in 7 months
Egyptian non-petroleum exports rose by 2.4 percent during January-July 2016 to US$11.6 billion opposed to US$11.3…
Egypt citrus exports to China rose 30% in H1 2016
Egypt’s citrus exports to China increased by 30% in the first half (H1) of 2016, recording $24m, compared to $18.4m…
Nikkei rises to over 2-wk closing high on weak yen; Topix hits 6-wk high
Japanese stocks rose on Wednesday in heavy trade, led by exporters and financials as the dollar stood tall against…
Dollar hits three-week high vs yen as rate rise signals get louder
The dollar rose to a three-week high against the yen on Monday after senior Federal Reserve officials bolstered…
Slight growth in mobile, internet subscribers with 700,000 new customers
The number of mobile services subscribers rose 0.16% during May as compared to April, according to a report issued…
Italy quake toll rises to nearly 250 as rescuers struggle to find survivors
The death toll from a devastating earthquake in central Italy rose sharply to almost 250 people early on Thursday…
Japan August manufacturing output rises for first time in six months-flash PMI
Japanese manufacturing activity showed signs of steadying in August as output rose for the first time in six…
Dollar dips vs yen, kiwi lifted by RBNZ’s rate view
The dollar dipped against the yen on Tuesday, while the New Zealand dollar rose after the nation's central bank…
World stocks rise, dollar weakens on divided Fed
World stocks rose and the dollar sank to a seven-week low on Thursday after minutes of the U.S. Federal Reserve's…
Oil prices rise as potential supply cuts remain in focus
Oil prices rose on Thursday, with Brent topping $50 a barrel for the first time in six weeks, as traders continued…
Capital commodities imports rose 8.2% in 5 months- Egypt’s CAPMAS
Egyptian imports of capital commodities rose by 8.2 percent in January-May 2016 to around 32.9 billion Egyptian…
Asia stocks at one-year high on global easy money policy, oil jumps
Asian shares rose to one-year highs, expanding their gains this year to 10 percent, supported by a jump in oil…
Futures up on oil rise, China stimulus hopes
U.S. stock index futures edged higher on Monday, tracking global markets, as oil prices rose and on rising…
Nikkei takes cue from Wall Street records, logs weekly gain
Japan's Nikkei share average rose on Friday to log a robust weekly gain, as records levels hit on Wall Street and a…
Trade exchange with Jordan hikes 51.5% in four months; Egypt’s minister
Egyptian trade exchange with Jordan reached US$237.8 million during the first four months of 2016, marking a 51.5…
Oil rises on new output freeze calls, but traders bet on further falls
Oil prices rose on Monday, lifted by reports of renewed talks by some members of the Organization of the Petroleum…
Asian stocks jump to one-year highs as yield hunt spreads
Asian stocks rose to one-year highs and the Australian dollar climbed on Monday as investors' hunt for yield…
Berkshire profit up 25 percent as insurance helps, BNSF weighs
Berkshire Hathaway Inc on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance…
Wall Street Week Ahead: Again at highs, stocks to take cues from consumer
A U.S. stock market that rose again to record highs on Friday on the back of a robust employment report will take…
Euro zone producer prices rise more than expected in June
Euro zone producer prices rose by more than expected in June for a second consecutive month, driven by soaring…
Euro hits five-week high, yen up after stimulus announced
The euro rose above $1.12 for the first time in more than a month on Tuesday while a cut in Australian interest…
Oil rises after month of steady decline but oversupply still weighs
Oil rose on Monday, driven by new orders as traders staked out positions at the start of the new month, but the…