Egypt’s central bank kept its key interest rates unchanged on Thursday, holding fire on further action until …
Tag:
Rates
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forex news
Dollar sags vs yen on lower US yields, ebb in risk appetite
by Yomna Yasserby Yomna YasserThe dollar sagged against the yen on Thursday, weighed down by U.S. yields slipping to two-week lows …
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World
Asia markets trade mostly higher after BOJ decision to keep policy steady
by Yomna Yasserby Yomna YasserAsian shares traded mostly higher on Tuesday with the exception of China and Hong Kong as continued …
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Shares in China took a tumble on Monday after regulatory curbs on aggressive share purchases by insurers …
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Tech news
Advanced Computer Technology eyes business volume of 800 mln Egyptian pounds in 2017
by Ghada Ismailby Ghada IsmailEgypt’s Advanced Computer Technology (ACT) has achieved y-o-y growth rates of 25 percent in 2016, bringing the …
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Gold prices fell on Tuesday due to expectations of rising U.S. interest rates and a higher dollar …
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Egypt raised interest rates on five-year investment certificates in its New Suez Canal project to 15.5 percent, …
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Egypt News
Occupancy rates in Sharm El Sheikh, Hurghada to keep falling until Dec- report
by Noha Gadby Noha GadU.S.-based Colliers International expected occupancy levels in Egypt’s Sharm El Sheikh and Hurghada to keep falling by …
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forex news
Dollar skids on US election jitters, with jobs data ahead
by Yomna Yasserby Yomna YasserThe dollar’s losses deepened on Thursday as positioning for next week’s U.S. presidential election overshadowed the Federal …
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European markets closed slightly lower Friday as the earnings season continues amid heightened expectations that the U.S. …