European stocks closed provisionally higher Friday, as investor confidence appeared to take hold after a sharp sell-off …
confidence
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forex news
Dollar holds gains after Fed, looks to data for more impetus
by Yomna Yasserby Yomna YasserThe dollar kept modest gains against its peers on Thursday after the Federal Reserve signaled its confidence …
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Egypt News
Voters stand by Sisi in Egypt’s presidential elections: Monufiya governor
by Yomna Yasserby Yomna YasserEgypt’s Governor of Monufiya, Hesham Abd al-Bast, declared on Sunday his confidence that voters in his governorate …
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MENA News
A political shock throws Lebanon’s economy back into crisis
by Yomna Yasserby Yomna YasserJust when things were starting to look up for Lebanon’s economy, a new political crisis threatens to …
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Industry & Trade
Egyptian non-oil business activity downturn softens: PMI
by Yomna Yasserby Yomna YasserEgypt’s non-oil private sector business activity shrank at a slower pace in October as business confidence hit …
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World
Asian stocks touch decade-high after stronger US lead; Kobe Steel tumbles further
by Yomna Yasserby Yomna YasserA broad index of Asian shares touched a decade-high on Wednesday, taking cues from signs of confidence …
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forex news
Oil prices jump as market expects extended production cut
by Yomna Yasserby Yomna YasserOil prices were stable on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening …
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If far right French presidential candidate Marine Le Pen loses the election, it will spur a significant …
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Banks
Egypt’s banks cleared to repatriate foreign firms’ long-held profits
by Yomna Yasserby Yomna YasserEgyptian banks are set to allocate about a quarter of their excess hard currency to foreign firms …
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Dollar pulled away from recent lows on Thursday after the Federal Reserve presented a relatively upbeat view …