Latest in Tag: Market Highlight
Latest in Tag: Market
UAE market regulator changes margin lending rules, penalties
Margin lending – borrowing with cash or share holdings as security, has been in high demand as investors sought to maximise gains from a UAE market surge, with Dubai and Abu Dhabi’s bourses jumping 108% and 63.1% respectively last year.
Nigerian finance resurges but investors still shy
The All-Share Index on west Africa’s leading bourse closed up nearly a third over the year, to 41,329.19 points.
New plans to formalise street trading: Minister of Supply
Ministries of Supply and Interior collaborate on a plan to create a formal market
Middle East stock market mostly rises
Some fund managers think a pull-back is likely in the near term since Dubai has risen so sharply.
Middle East funds still bullish on equities – survey
Dubai’s market, rebounding from the bursting of a real estate bubble in 2008-2010, is up 80% so far this year, while Kuwait is up 33% and Saudi Arabia has gained 18%.
International bonds market recovered
Kuwait Finance House: International bonds market recovers in September, total exports reach $7.8bn
Chambers of Commerce announce ways of curbing inflated prices
Federation of Egyptian Chambers of Commerce: no alternative for “redeveloping trade” to adjust prices in the markets
Egyptian market rises stably
The stock market registered its highest gain in seven months
Market registers highest gains in six weeks
Trading closes at 5,586.65, investor “selling appetite” said to be down
Delisting of six stocks from EGX30 will not affect market: Bourse head
Atef El-Sherif said delisting is a normal measure that occurs every six months
Cabinet calls for calm on fuel crisis
President’s office lists causes and possible solutions for fuel woes amid mounting public frustration
Market sees rebound after months of losses
Experts are unsure of market’s future as increasing instability looms
Stock rolls downhill
EGX 30 experiences collective decline of stock market indicators as trading closes on Sunday, reaching 4915.96 points
Mismanaging the fuel crisis
Egypt’s government fails to solve diesel shortages amid active bootleg markets
Survey: 67% of Egypt professionals feel they receive less salary than industry peers
A salary survey by Bayt.com and YouGov finds that 17% of employees expect a raise of more than 15% in 2013
Fighting for Iranian tourism
Minister of Tourism urges against mixing politics with tourism
Egyptian medical products to be high priority in Lebanese market
Lebanese authorities would now begin giving high priority to Egyptian products entering the Lebanese market.
Old Cairo’s arms market
Many historical monuments have been suffering from negligence and disregard, and the old weaponry market is a prime example of this
Exchange companies accuse CBE of raising dollar price
Head of exchange companies section at the ECC accuses the CBE of being the real reason behind the dollar shortage in the market
Prophet’s birthday doll: gimmick or shift in culture?
Celebrations of the Prophet’s Muhammad’s birthday are purely cultural
Rebel Economy Wrap
Made in Asia – China and Japan in North Africa, Saudi-style revolution
Islamic finance to the rescue for EGPC
Egyptian General Petroleum Company receives EGP 14 billion to address fiscal crunch
Worldwide economic instability instigates drop in metal prices
The prices of non-ferrous metals (copper, aluminium and lead)have dropped across international markets, after witnessing a slight rise last week, according to a report published by the Metallurgical Industries Chamber (MIC). The price of copper fell by $137, recording $8,156 per tonne on 25 September, compared to $8,293 last week. Aluminium prices followed suit, falling …
Asian markets up on China hopes
Asian markets rising, fears over Spanish and Greek debt returning to the fore
Oil prices slide in nervous market
“The sudden sharp decline in crude oil prices late last night in New York remains a mystery today,” said CMC Markets analyst Michael Hewson
From the other side: No dignity for an investor in his home!
No dignity for an investor in his home!
iPhone 5 not just a phone; it’s a stimulus too
Apple is expected to sell as many as 10 million of the devices in just the first days of the launch
Tax Authroity new head vowes to boost tax revenues
Egypt’s Tax Authority (TA) hopes to increase tax revenues to EGP 230 billion, according to newly appointed chairman Mamdouh Omar. The TA plans to promote new leadership to ensure justice within the body, Omar told a meeting with heads of regional bureaus and managers of different departments on Monday. According to commentators, taxation in Egypt …
Egypt placed 107 in global competitiveness rating
The World Economic Forum (WEF) issued its annual global competitive report, showing that Egypt’s competitive rating slipping 13 places to 107th place. The Egyptian market, in the view of many economic experts, lacks discipline and transparency. The price of goods and services’ do not represent actual patterns of supply and demand, in addition to other …
US arms sales triple in 2011
Selling weapons worth $66.3 billion overseas, the US arms sales triple