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US oil prices posted a record weekly loss of 32.3% based on June contract.The biggest weekly percentage loss on record based on most-active contracts
Exports last season reached $5m, targets 15% increase, says Ammar
Ahead of an annual meeting of bankers in Jackson Hole, Wyoming, markets have been lackluster as investors kept wondering about the likelihood of a US rate hike. More hints are expected from the Fed chair.
A looming Brexit has sent markets into the “craziest, fastest moving betting scene” in years, with volatility levels being extremely high. Shares in Asia are in freefall, and the British pound is collapsing.
Smart phone sales record 40% annual growth, says MENA business development manager
Egypt’s monetary policy encourages importers and deters producers, Egyptian pound losing real value
Egypt is the tenth largest natural stone quarry producer in the world and the second largest exporter of marble blocks
The survey showed great optimism towards Egypt with 53% of managers expect to raise their equity allocations
Giant construction deal lifts Abu Dhabi, Saudi banks rally on, Egypt rises on stimulus package
Saudi Telecom lifts index with strong Q4 earnings
Omran: Upcoming June 30th protests will not cause us to place additional precautionary measures on Egypt’s stock exchange
Businessmen in the city pledged their support for the Governorate’s plan on the condition of improvements in the security situation, particularly in Downtown districts such as Talaat Harb, Al-Tawfikia, Al-Azbakiya and Ramses.
“the Palestinian report asks for much more comprehensive reforms such as the removal of all settlements in the West Bank, removal of permit acquisition processes that hinder growth, and the removal of all checkpoints”
By Badawy Shalaby Mohamed Saad, director of the Al-Khabir Company for Investment and Real Estate, predicted that confidence will return to the real estate market in the coming period after a period of downturn, expressing hope that the current period of political stability will lead to a full recovery. He said that the Egyptian real …