Economy
Liquidity of Qatari banks is likely affected by UAE, Arab nations’ blacklist
June 10, 2017
Liquidity of Qatari banks is likely affected by UAE, Arab nations’ blacklist
A move by four Arab states to blacklist dozens of figures with alleged links to Qatar could squeeze liquidity at…
Technology stocks tumble, taking down Nasdaq as big names sink
June 10, 2017
Technology stocks tumble, taking down Nasdaq as big names sink
Technology stocks sold off sharply on Friday, taking a toll on the Nasdaq and dragging on other major Wall Street…
Domestic public debt rises to LE3 trillion: CBE
June 8, 2017
Domestic public debt rises to LE3 trillion: CBE
The total domestic public debt has risen to LE3.079 trillion in the period from July to March of the fiscal year…
Egypt’s inflation falls for first time since currency float
June 8, 2017
Egypt’s inflation falls for first time since currency float
Egypt’s annual consumer price inflation fell to 30.9 percent in May, compared to 32.9 percent in April, the Central Agency…
Asian stocks on edge before UK election, ECB, Comey testimony
June 8, 2017
Asian stocks on edge before UK election, ECB, Comey testimony
Asian shares wobbled on Thursday as investors braced for any surprises from the UK election, a European Central Bank policy…
Deutsche Bank projects Egypt inflation down to 20% by end of 2017
June 7, 2017
Deutsche Bank projects Egypt inflation down to 20% by end of 2017
Deutsche Bank projected on Monday that Egypt’s inflation will decline to approximately 20% by the end of 2017 – a…
Egyptian billionaire Sawiris calls for Egyptian businessmen to withdraw from Qatar
June 5, 2017
Egyptian billionaire Sawiris calls for Egyptian businessmen to withdraw from Qatar
Egyptian billionaire Naguib Sawiris has called on Egyptian businessmen to withdraw their investments from Qatar and halt business dealings with…
Egypt’s central bank did not order to halt Qatari riyal transactions: statement
June 5, 2017
Egypt’s central bank did not order to halt Qatari riyal transactions: statement
Egypt’s central bank said it has not ordered banks to halt transactions in Qatari riyals, after six Arab nations, including…
Egypt’s foreign reserves rise to $31.125 bn
June 5, 2017
Egypt’s foreign reserves rise to $31.125 bn
The Central Bank of Egypt (CBE) announced Sunday that the country’s foreign reserves rose to $31.125 billion at the end…
Egypt among five destinations for Chinese investments in Belt and Road region
June 3, 2017
Egypt among five destinations for Chinese investments in Belt and Road region
A report issued by the Chinese Academy of Social Sciences, Tsinghua University and Thomson Reuters Foundation on Saturday mentioned that…