Oil prices increased in early Asian trade on Thursday.
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Lower Oil Prices
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Oil prices decrease on Wednesday
Oil prices decreased on Wednesday, in comparison with a nearly 4 percent surge the previous day on …
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BP PLC swung Tuesday to a loss in the second quarter, as earnings were hit by lower …
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Banks
World Bank: Some MENA States seen 4% Growth, Egypt and Morocco in Focus
by Yomna Yasserby Yomna YasserTriggered by some policy reforms and low oil prices, a third of the Middle East Countries are …
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Financial Institutions
IMF raises Egypt’s Economic Growth Outlook to 4% in 2015
by Yomna Yasserby Yomna YasserEgypt’s economy is projected to improve by 4.0 percent in 2015, according to the semi-annual World Economic …
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Financial Institutions
Moody’s: Lower Oil Prices will support Egypt’s Fiscal Consolidation Efforts
by Yomna Yasserby Yomna YasserThe main positive impact from lower oil prices will be on Egypt’s (Caa1 stable) public finances, as …
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Industry & Trade
Egypt says Suez Canal Project on Track, Tolls Unchanged
by Yomna Yasserby Yomna YasserTransit tolls at Egypt’s Suez Canal will stay largely at their current prices this year, the authority …
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Lower oil prices should cause more U.S. consumer spending, which will stimulate demand for commercial trucks this …