Economy

Japan export growth slows sharply, raising fears of recession

Japan export growth slows sharply, raising fears of recession

Japan's annual export growth slowed to a crawl in September as shrinking sales to China hurt the volume of shipments,…
Amer Holding Group, Porto Holding to start trading on Egyptian stock exchange on Thursday

Amer Holding Group, Porto Holding to start trading on Egyptian stock exchange on Thursday

The two companies created by the long-mooted demerger of Egyptian real estate company Amer Group will start trading on the…
Rising dollar exchange rate sparks fears in price hike

Rising dollar exchange rate sparks fears in price hike

Ahmed Shiha of the Cairo Chamber of Importers, is expecting commodity prices to rise by at least 10 percent due…
Egyptian central bank holds pound steady; parallel market rate weaker

Egyptian central bank holds pound steady; parallel market rate weaker

The Egyptian central bank held the pound steady at a dollar sale on Tuesday, selling US$37.8 million at a cut-off…
Egypt’s market gains LE4.6 bn on Monday, EGX30 rises 1.1%

Egypt’s market gains LE4.6 bn on Monday, EGX30 rises 1.1%

Egypt's stock market closed in the green zone on Monday, as the benchmark EGX30 index rose 1.11 percent to 7,621.67…
Egypt to delay second international bond issuance: minister

Egypt to delay second international bond issuance: minister

Egypt will delay its second international bond issuance, which was initially planned for November, the finance minister said on the…
Russia outlook negative on weak ruble, inflation: Fitch

Russia outlook negative on weak ruble, inflation: Fitch

As the weak ruble and high inflation hurt Russia's economy, Fitch Rating's outlook for the country remained negative, in its…
China economy logs weakest growth since 2009

China economy logs weakest growth since 2009

China's economic growth dipped below 7 percent for the first time since the global financial crisis on Monday, hurt partly…
Egypt’s Juhayna posts 64% rise in net profits for Q3

Egypt’s Juhayna posts 64% rise in net profits for Q3

 Egypt's Juhayna Food Industries , one of the country's largest dairy product and juice makers, posted a 64 percent increase…
Egypt’s market loses LE1.7 bn on Sunday, EGX30 down 0.7%

Egypt’s market loses LE1.7 bn on Sunday, EGX30 down 0.7%

Egypt's market closed in the red zone on Sunday, as the benchmark EGX30 index went down 0.74 percent, to 7,538.22…
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