Latest in Tag: markets Highlight
Latest in Tag: markets
Masr Afdal: How this initiative is helping Egyptian companies market their products abroad
Initiative lately opened pavilion in permanent Egyptian exhibition in Rwanda’s capital of Kigali
Tokyo stocks close lower on earnings concerns, firm yen
Investor sentiment remained pessimistic sending Tokyo stocks lower for a fourth straight day amid concerns about continued negative impact of the pandemic
Oil prices slump amid mounting storage fears
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
El Waha For Dates Industries plans to enter China, India, Brazil, Italy markets
Exports last season reached $5m, targets 15% increase, says Ammar
Markets tepid as Jackson Hole meeting looms
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.
Markets tremble amid Brexit vote counting
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.
TECNO Mobile pursues expansion in South American, Indian, Chinese markets
Smart phone sales record 40% annual growth, says MENA business development manager
Oil prices hit fresh lows, dragging markets along
A barrel of the black stuff, which consistently traded above $100 between 2011 and 2013, now costs around $35, as OPEC continues to pump out the oil. Reasons include a bid to halt rival industries like shale “fracking.” Oil prices sank to the lowest level in seven years on Monday, hammering stocks and raising concern …
Why YouTube Red may have a tough time in Germany
Would you pay $10 a month for ad-free videos on YouTube? The video sharing giant believes some will, as it launches a new subscription plan in the US. Could YouTube Red affect ongoing legal disputes in Germany? With YouTube’s newly revealed new subscription plan – called YouTube Red -, users can pay $10 a month …
US Fed rate decision keeps markets volatile
Asian shares have rallied on relief that the US Fed held off on raising interest rates. But renewed concerns about the health of the global economy have caused equities’ trading to remain choppy across the world. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 percent to a four-week high on Friday, with financials …
Falling Greek stocks weigh on Europen markets
Greece’s main stock index seemed to have stabilized by the time the markets closed on Tuesday, with shares closing down around 2.2 percent – a far cry from the record drop in share prices from the day before. The head of the Athens Stock Exchange, Socrates Lazaridis, said that most losses incurred on Tuesday were …
Arafa Holding plans European market entrance in 2015
Egypt’s monetary policy encourages importers and deters producers, Egyptian pound losing real value
Marble and granite shine in international building trade fair in Cairo
Egypt is the tenth largest natural stone quarry producer in the world and the second largest exporter of marble blocks
Bullish funds shift money among Gulf equity markets: Survey
The survey showed great optimism towards Egypt with 53% of managers expect to raise their equity allocations
Middle East markets mostly rise
Giant construction deal lifts Abu Dhabi, Saudi banks rally on, Egypt rises on stimulus package
Most Middle East markets gained on Tuesday
Saudi Telecom lifts index with strong Q4 earnings
Stock exchange to continue as normal amid protest speculation
Omran: Upcoming June 30th protests will not cause us to place additional precautionary measures on Egypt’s stock exchange
Cairo Chamber of Commerce rejects Governorate decision to provide places for 2,000 unlicensed street vendors
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.
Donors meet to discuss Palestinian Authority assistance
“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”
Al-Khabir’s director forecasts revival of real estate market
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 …