Asian stocks at three-week lows on weak China data; dollar strong
Asian stocks stumbled to three-week lows and U.S. stock futures and Treasury yields fell after China's September…
Browsing Tag
September
Debts to international oil firms hit $3.5b end-Sept: Egypt’s minister
Egypt's debts to international oil and gas companies rose to $3.58 billion by the end of September, the oil…
Annual urban consumer price inflation drops 14% in September: Egypt’s CAPMAS
Egypt's annual urban consumer price inflation eased to 14.1 percent in September from 15.5 percent in August, the…
786 new firms formed in September with $225mn-investments: Egypt’s GAFI
The number of the new firms that have been founded in Egypt during September 2016 hit 786 with total investments of…
Egypt’s non-oil business activity slowdown stretches to one year -PMI
Business activity in Egypt shrank for the 12th consecutive month in September, with output declining the most in…
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…
CCC: Egypt imported 100,000T of steel with $70m in 2 months
Egypt imported 100,000 tonnes of steel in August and September 2016 with total cost estimated at around 620 million…
AACID to hold forum on attracting foreign investments to Egypt in September
The Arab-African Council for Integration and Development (AACID) is scheduled to hold the second Arab Forum of…
Egypt Tourism Authority to launch promotional campaign in Germany next Sept
Egyptian Tourism Authority (ETA) is set to launch large promotional campaign for Egyptian tourism in Germany next…
Commerce Chambers urges Egypt’s oil ministry to pump more 1.1mn butane gas canisters
Federation of Egyptian Chambers of Commerce (FEDCOC) urges petroleum ministry to pump additional amounts…
Transport ministry starts executing Cairo Metro Line 3 phase III next September
The execution processes at the third phase of Cairo Metro Line three is scheduled to start next September with…
Japan’s PM Abe considering visiting Cuba in September
Japanese Prime Minister Shinzo Abe is considering visiting Cuba next month to strengthen ties and promote Japanese…
Asia stocks jump, dollar trips as risk appetite returns
Asian shares are on track for their biggest single-day rise in nearly two weeks while the greenback retreated after…
AlKadhi replaces McGeachin as new CEO of Hill+Knowlton Strategies MENA
Hill+Knowlton Strategies named Bashar AlKadhi as the new Chief Executive Officer MENA, overseeing H+K’s business…
Turkish Airlines to resume flights to Sharm El-Sheikh in September
Turkish Airlines announced on Monday that it will resume flights to Sharm El-Sheikh in September, according to the…
Sharm El Sheikh, Hurghada occupancy levels to drop until September 2016- report
U.S.-based Colliers International expected that occupancy levels in Egypt's Sharm El Sheikh and Hurghada to drop by…
Moroccan exploratory mission to visit Egypt by late-September
A Moroccan mission will visit Egypt during the last week of September 2016 to explore means of enhancing economic…
Fed seen holding rates steady as inflation watch continues
The U.S. Federal Reserve is expected to keep interest rates unchanged this week, deferring any possible increase…
12 Egyptian firms to take part in Heimtextil Russia on September
Around 12 Egyptian firms are set to take part in the International Trade Fair for Home Textiles, Floor Coverings…
China-Egypt trade exchange reaches $9.6bn
The trade exchange between Egypt and China amounted to $9.6 billion during the period from January to September…
Faisal Islamic Bank of Egypt: 9-month net profit 25.3% up
Faisal Islamic Bank of Egypt has recorded a nine-month growth of 25.3 percent in net profit, the bank announced…
Egypt’s annual inflation spiked in September
Egypt's annual inflation accelerated to 9.4 percent in September compared to 7.9 percent in August, announced…
Egypt imports 100,000 tonnes of steel September 2015
Egypt has imported around 100,000 tonnes of steel from Turkey, Ukraine and China worth 480 million Egyptian pounds…
Fed says rate hike next month hinges on market volatility
The Federal Reserve on Friday left the door open to a September interest rate hike even while several U.S. central…
Sisi to visit Russia, China in September
President Abdel Fattah Al-Sisi is set to hold talks in Russia with his Russian counterpart Vladimir Putin, whilst…
Toshiba CEO steps down in September in Accounting Scandal- Reuters
Toshiba Corp Chief Executive Hisao Tanaka will step down in September along with other board members including Vice…
Tourists’ Number To Egypt Rises By 193% In September; Sector Continues Recovery
The number of tourists to Egypt rose by a whopping 193 percent last September compared to the same month in 2013,…
Number Of Tourists To Egypt Rises By 193% In September As Sector Continues Recovery
The number of tourists to Egypt rose by a whopping 193 percent last September compared to the same month in 2013,…
Egypt’s Foreign Reserves Up In September To $16.872 Bln -C. Bank
Egypt's foreign reserves rose to $16.872 billion at the end of September from $16.836 billion at the end of August,…
Egypt Consumer Inflation Fell To 11.1 % In September
Egypt's annual urban consumer inflation fell to 11.1 percent in September from 11.5 percent in August, the official…
Asian Factories Slow In September, Push Inflation Ever Lower
Factory activity stumbled across much of Asia in September, with slowdowns in India, Japan and Taiwan and an…
CBE: Egypt Foreign Reserves Fall Slightly In September
Egypt's International Foreign Reserves saw a minor decline of roughly $200 million in September, reaching $18.7…
Egypt’s President To Visit US In September
Egypt's President Mohamed Morsi will visit the United States on Sept. 23, making his first trip there since taking…