Egyptian President Abdel Fattah al-Sisi stated on Thursday that the reform and the development of education in Egypt …
reform
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Financial Institutions
Moody’s expects growth in Egypt to accelerate to around 5% in 2019
by Yomna Yasserby Yomna YasserMoody’s expects Egypt’s GDP growth to accelerate to around 5 percent by 2019 and 5.5 percent by …
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forex news
Dollar firm on tax cut hopes, euro underpinned by rise in yields
by aya salahby aya salahThe dollar was supported on Wednesday by expectations that the Trump administration’s tax reforms would pass through …
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Banks
Central bank of Egypt says balance of payments rise to $5.1 bln
by Yomna Yasserby Yomna YasserThe Central Bank of Egypt (CBE) stated that the total surplus of Egypt’s balance of payments rose …
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World
European shares close after recovering the day’s losses; Steinhoff tanks 63%
by Yomna Yasserby Yomna YasserEuropean markets closed lower by a small margin Wednesday afternoon as investors reacted to a slump in …
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forex news
Dollar stalls as markets await next step in US tax reform
by Yomna Yasserby Yomna YasserDollar prices dipped on Tuesday, as investors waited to see how the next step of the U.S. …
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International News
Trump seeks border wall, crackdown on unaccompanied minors for ‘Dreamer’ deal
by Yomna Yasserby Yomna YasserU.S. President Donald Trump, who pledged to help protect young people known as “Dreamers” brought illegally to …
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World
US futures point to cautious open as solid third quarter winds down
by Yomna Yasserby Yomna YasserU.S. stock index futures were set to open little changed Friday, the last trading day of a …
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Industry & Trade
Moody’s says Egypt economy still recovering from 2011 uprising
by Yomna Yasserby Yomna YasserAn international credit rating agency says Egypt’s economy has started to improve but has yet to recover …
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World
Stocks close at record highs as tech losses are offset by energy gains
by Yomna Yasserby Yomna YasserU.S. stocks closed slightly higher on Wednesday, notching record highs, as a gain in the energy sector …