Euro underpinned by upbeat economic outlook; dollar nurses losses
The euro traded within sight of its highest level in three years on Wednesday, underpinned by optimism about the…
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Gold slips as dollar holds firm
Gold prices edged lower early on Thursday, hovering close to a two-month low hit earlier this week, amid a steady…
Turkey, Iran, Russia to deploy observers around Syria’s Idlib
Russia, Iran, and Turkey will post observers on the edge of a de-escalation zone in northern Syria’s Idlib region…
Euro surges as ECB’s Draghi does not mention currency strength
Euro prices soared to its highest level in more than two years against the dollar on Friday after European Central…
Euro sets 1-week high ahead of GDP data, dollar inches lower
The euro touched a one-week high on Tuesday ahead of the release of euro zone gross domestic product data, as…
Dollar prices hit eight-week highs vs yen
Dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New…
Russia, Turkey agree Syria safe zones must boost truce: Putin
President Vladimir Putin on Wednesday pushed for "de-escalation zones" in Syria, saying both Russia and Turkey…
Gold prices rise as stocks, dollar retreat
Gold rose on Friday as forecast-beating euro zone inflation boosted the euro against the dollar, while global…
Euro jumps on European inflation data, dollar climbs vs. yen
The euro rose against the U.S. dollar on Friday after strong euro zone inflation figures, while the dollar jumped…
Asian stocks close mixed
Asian markets traded weaker on Friday as comments from President Donald Trump on an existing free trade pact…
Dollar prices wobble but holds above 4-month drops
The dollar wobbled in Asian trading on Monday as some lackluster U.S. data and comments from Federal Reserve…
France’s Le Pen says euro exit wouldn’t be chaos
French presidential candidate Marine Le Pen sought on Sunday to reassure voters concerned over her plans to…
Dollar prices on back foot, drop from rate rise-inspired peak
The dollar dipped in Asian trading on Monday, as investors locked in gains after the greenback's rise last week on…
European stocks close mixed, Yellen’s speech eyed
European markets closed mixed Friday as global investors digested recent record highs and considered the prospect…
Dollar prices fall as market awaits Fed minutes
Dollar edged down in Asian trading on Wednesday as investors awaited the minutes of the Federal Reserve's latest…
Dollar prices hover near 3-1/2-week high after Yellen testimony
The dollar held gains near a 3-1/2-week high on Wednesday after Federal Reserve Chair Janet Yellen signaled a…
European stocks close higher as copper prices surge
European stocks closed higher on Monday as investors eyed fresh data and digested the European Commission's latest…
Baghdad’s Green Zone hit by rockets
Several rockets have hit the high security Green Zone in Iraq's capital, Baghdad, hours after clashes at a protest…
Gold prices off 3-month highs; political uncertainty provides support
Gold slipped from three-month highs on Thursday on profit taking, but political risks from elections in Europe and…
European markets to open lower as investors eye backlash over Trump policies
European markets will start the week on negative footing with investors focused on corporate earnings and digesting…
European bourses set to open higher
European markets are seen higher on Thursday as investors digest remarks from U.S. Federal Reserve Chair Janet…
European stocks close lower as investors await Brexit plan
European stocks closed lower on Monday as investors awaited more detail on the U.K.'s Brexit plan and the…
Cairo bourse benchmark closes in green zone
The Egyptian Exchange (EGX) closed on positive note on Sunday, as the benchmark added 0.52 percent or 67.07 points…
European markets seen higher; euro zone unemployment data eyed
European bourses are set to open higher on Monday continuing the gains seen in the U.S. and Asian markets. The FTSE…
European markets close lower; euro hits three-year high
European markets closed in negative territory on Wednesday despite euro zone inflation figures hitting a three-year…
SCZone eyes building automotive zone in Suez Canal economic zone
Egypt's General Authority for Suez Canal Economic Zone- SCZone targets establishing trade zone in Suez Canal region…
ECB likely to point to more easing as it charts steady course
The euro zone economy is widely expected to need more stimulus from the European Central Bank, but it may not come…
Jordan eyes joint industrial zone with Egypt for exporting to Africa
Jordan's industry and trade ministry suggested establishing joint industrial zone with Egypt to export to African…
Egypt’s industrial zone in Ethiopia expected to attract $100mn-investments: official
The Egyptian industrial zone project that is set to be build in Ethiopia is expected to attract investments of…
Printing Chamber plans building $1bn-industrial zone in Suez Canal axe
Chamber of Printing and Packaging at Federation of Egyptian Industries (FEI) is scheduled to meet Chairman of…
On space of 33mln m2, Egypt studies building industrial zone in Faiyum
Egyptian industry ministry is currently studying the technical studies necessary for establishing inclusive…
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 zone economic growth slows in quarter before UK vote to leave
Economic growth in the euro zone slowed in the second quarter as uncertainty before the British vote to leave the…
Euro zone sentiment improves in July, but EU down on Brexit
Euro zone economic sentiment improved in July, defying market expectations of a decline, but economic sentiment in…
Trade ministry plans boosting Egypt leather exports to US$1bn annually
Exports of Egyptian leather sector are expected to reach US$1 billion per years after completing Al Robeky zone for…
95% of Al-Robeky leather zone phase I finished with cost of $135mn
Around 95 percent of phase one of Al Robeky zone for leather tanneries have been finished with total cost of 1.2…
China vows to protect South China Sea sovereignty after ruling
China vowed to take all necessary measures to protect its sovereignty in the South China Sea and said it had the…
Investments in Russian industrial zone in Egypt to record $4.6bn by 2035
The total volume of invested capitals in Russia's set-to-be established industrial zone in Egypt will record around…
Samcrete’s IDG establishes 2 factories in East Port Said industrial zone
The Industrial Development Group (IDG) has finished establishing two factories of 10 within the first phase of…
IMF cuts euro zone growth outlook on ‘Brexit,’ warns it may get worse
The International Monetary Fund on Friday cut its euro zone growth outlook for the next two years over…