Dollar prices found some traction on Monday following last week’s steep fall and managed to hold above …
fall
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Gold prices held firm on Tuesday, buoyed by a weaker dollar, while investors waited for U.S. inflation …
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Industry & Trade
State-run Egyptian Iron and Steel sales fall 2.59% in H1-FY2017/18
by Yomna Yasserby Yomna YasserState-owned Egyptian Iron and Steel Company reported Tuesday a 2.59 percent fall in its local sales, recording …
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Egypt’s property developer Amer Group reported Sunday a 49.59 percent fall in its 2017 net profit, compared …
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World
Asian stocks closes mixed as dollar wobbles following overnight gains
by Yomna Yasserby Yomna YasserAsian markets closed mixed on Friday as the dollar wobbled after gaining overnight following comments from President …
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Real Estate
Egypt’s state-run Heliopolis Housing profits fall 55% in H1-FY2017/18
by Yomna Yasserby Yomna YasserEgypt’s state-owned Heliopolis Company for Housing and Development reported Monday a 55 percent drop in its profits …
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forex news
US crude closes above $60 for first time in 2½ years, settling at $60.42 and ending the year up 12.5
by Yomna Yasserby Yomna YasserU.S. oil prices rose above $60 a barrel on the final trading day of the year and …
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Industry & Trade
Egypt’s foreign direct investments fall 15.5% in Q1-FY2017/18: ministry
by Yomna Yasserby Yomna YasserEgypt’s net foreign direct investments (FDI) fell by 15.5 percent to reach $1.58 billion in the first …
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forex news
Oil falls on doubts over extending output cuts, surprise rise in US crude stocks
by Yomna Yasserby Yomna YasserOil prices fell on Wednesday on doubts OPEC and Russia will agree on extending a crude production …
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Oil prices firmed on Wednesday after a reported fall in U.S. crude inventories and on expectations that …