The dollar was supported on Wednesday by expectations that the Trump administration’s tax reforms would pass through …
Tax
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Industry & Trade
Egypt’s customs tax of imported cars to fall by 80% next January
by Yomna Yasserby Yomna YasserHead of Egypt’s Customs Authority Magdy Abdel Aziz said Sunday that the customs tax on cars, which …
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forex news
Dollar edges up, shakes off weakness vs yen, Bitcoin tops $14,000
by Yomna Yasserby Yomna YasserDollar prices edged up against its peers on Thursday, shaking off earlier losses versus the yen, supported …
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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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World
European shares close lower amid Brexit uncertainty; Provident tumbles 10%
by Yomna Yasserby Yomna YasserEuropean markets closed in the red by a small margin Tuesday as investors digested the latest news …
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forex news
Dollar gains after US Senate passes tax bill, pound awaits May-Juncker meeting
by Yomna Yasserby Yomna YasserDollar prices were broadly higher on Monday, reaching a 2-1/2-week peak against the yen, lifted after the …
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forex news
Dollar slips broadly on report of possible delays to US corporate tax cut
by Yomna Yasserby Yomna YasserDollar prices slipped broadly on Wednesday, hurt by a media report that suggested the implementation of a …
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World
Asian markets trade mixed following Wall Street losses; China data falls short
by Yomna Yasserby Yomna YasserShares in Asia were were mixed in Monday trade after Wall Street closed lower on news that …
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Industry & Trade
Cabinet passes final regulations to bring Egypt’s new investment law into effect
by Yomna Yasserby Yomna YasserEgypt’s Cabinet on Wednesday passed final regulations for a new investment law aimed at drawing foreign investment …
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Industry & Trade
Alexandria Spinning and Weaving Q1 losses hit 4.6 mln Egyptian pounds
by Yomna Yasserby Yomna YasserEgypt’s state-run Alexandria Spinning and Weaving Company (Spinalex) said Wednesday its net loss after tax reached 4.6 …