economy

Gold prices predicted to rise again as pandemic rolls on
Business

Gold prices predicted to rise again as pandemic rolls on

The CEO of Kuwait Bullion Group Rajab Hamed said on Monday that there are many reasons that may push the…
Analysis: Foreigners suspend disbelief, edge back into Turkish markets
Middle East

Analysis: Foreigners suspend disbelief, edge back into Turkish markets

ANKARA/NEW YORK (Reuters) – Foreign investors who for years saw Turkey as a lost cause of economic mismanagement are edging…
Syria floats new bank note amid soaring inflation
Middle East

Syria floats new bank note amid soaring inflation

DAMASCUS, Syria (AP) — A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the…
Egypt’s foreign currency reserves up to US$40.0625 billion in December
Business

Egypt’s foreign currency reserves up to US$40.0625 billion in December

The Central Bank of Egypt’s (CBE) net international foreign currency reserves bumped up slightly by the end of last December,…
Biden unveils $1.9T plan to stem COVID-19 and steady economy
World

Biden unveils $1.9T plan to stem COVID-19 and steady economy

WILMINGTON, Del. (AP) — President-elect Joe Biden has unveiled a $1.9 trillion coronavirus plan to end “a crisis of deep…
Gold prices decline in Egyptian market by LE3 on Thursday
Egypt

Gold prices decline in Egyptian market by LE3 on Thursday

Gold prices declined in Egypt on Thursday, with the price of 21-karat (the market’s highest selling gold) falling by LE3…
Once again, job losses fall unequally across the US economy
World

Once again, job losses fall unequally across the US economy

WASHINGTON (AP) — Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses —…
Brent oil rises to highest since February after Saudi Arabia output cut
Middle East

Brent oil rises to highest since February after Saudi Arabia output cut

TOKYO (Reuters) – Brent oil prices rose on Wednesday to the highest since February after Saudi Arabia agreed to make…
Gold prices stabilize at LE842 for 21-Karat gold
Business

Gold prices stabilize at LE842 for 21-Karat gold

Gold prices in Egypt stabilized to record LE842 for 21-karat gold, amid expectations that the prices will vary on Tuesday’s…
OPEC, allies adjourn meeting over oil production levels
Middle East

OPEC, allies adjourn meeting over oil production levels

FRANKFURT, Germany (AP) — Members of the OPEC oil cartel and allied countries including Russia on Monday adjourned a meeting…
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