The dollar inched down slightly in Asian trading on Tuesday, but maintained most of the gains it …
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interest
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Foreign direct investments (FDI) may exceed $10 billion in Egypt within 2017, Egypt’s Minister of Investment and …
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Dollar inched away from a 15-month low versus a basket of currencies on Thursday, but was still …
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International News
Brexit ‘implementation phase’ would be in UK interest: Minister
by Yomna Yasserby Yomna YasserIt is in Britain’s national interest to have an “implementation phase” when it leaves the European Union, …
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forex news
Dollar prices lick wounds at 13-month low after Fed inflation view
by Yomna Yasserby Yomna YasserThe dollar licked its wounds at 13-month lows against a basket of major currencies on Thursday after …
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World
European markets set to open mixed; Deutsche Bank and Bayer report earnings
by Yomna Yasserby Yomna YasserEuropean bourses are expected to open mixed on Thursday morning after the U.S. Federal Reserve kept interest …
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Banks
Banque Misr says has financed Mowasalat Misr project – Phase I
by Yomna Yasserby Yomna YasserEgypt’s second biggest bank, state-run Banque Misr announced Thursday that it has financed 60 percent of the …
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Gold prices rose on Thursday after U.S. Federal Reserve Chair Janet Yellen said the central bank would …
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Banks
Unexpectedly surge in interest rates by 200 basis points: Egypt CBE
by Yomna Yasserby Yomna YasserThe Monetary Policy Committee (MPC) at the Central Bank of Egypt (CBE) announced raising interest rates by …
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forex news
Dollar firms after strong US jobs report, backs Fed hike view
by Yomna Yasserby Yomna YasserThe dollar gained on Friday after a report showed the U.S. economy created far more jobs than …