|
Opinion
-
5/21/2024 4:49:40 PM
PARIS/VANCOUVER – Today’s economic outlook is strangely contradictory. While global markets, led by technology and energy, have been ebullient over high short-term profits, the mood at the Spring Meetings of the World Bank and the International Monetary Fund last month was decidedly somber.
|
|
Business
-
Economy
4/19/2024 7:00:51 PM
Reports Israel had carried out strikes against Iran rattled markets on Friday, with prices of oil, gold and equities seesawing during the trading session.
|
|
Business
-
Markets & Companies
12/4/2023 3:25:35 PM
Gold hit a record high on Monday as growing optimism that the Federal Reserve will cut US interest rates in 2024 has dented the dollar in recent weeks.
|
|
Business
-
Markets & Companies
10/6/2023 1:54:03 PM
Global shares mostly rose Friday in cautious trading ahead of an update on the U.S. jobs market.
|
|
Business
-
Economy
8/20/2023 9:31:10 PM
The Egyptian Cabinet has approved permitting the International Financial Corporation (IFC), the financial arm of the World Bank, to issue Egyptian pound bonds in international markets.
|
|
Business
-
Economy
8/1/2023 3:59:02 PM
The demand for gold bars and coins in Egypt surged by more than 300 percent on a yearly basis to over 10 tons in Q2 2023, according to a report by the World Gold Council (WGC) released on Tuesday.
|
|
Business
-
Markets & Companies
6/22/2023 4:08:36 PM
Wall Street followed global markets lower early Thursday as countries around the world cranked up interest rates one day after Federal Reserve Chair Jerome Powell told Congress he believes inflation still isn’t under control.
|
|
Business
-
Markets & Companies
4/17/2023 1:53:18 PM
Global markets rose moderately Monday, although worries continued about economic growth and inflationary pressures.
|
|
Business
-
Energy
4/3/2023 1:19:42 PM
Oil output cuts by Russia, Saudi Arabia and other major oil producers are "in the interests" of global markets, Kremlin spokesman Dmitry Peskov said Monday, adding: "whether other countries are happy with this or not is their business."
|
|
Business
-
Markets & Companies
3/27/2023 11:12:00 AM
European markets rebounded on Monday while Asian stocks were mixed at the start of what could be another rocky week for global markets thanks to lingering uncertainty about the banking sector.
|
|
Business
-
Markets & Companies
3/14/2023 12:57:06 PM
Asian markets sank Tuesday, with banks bearing the brunt of the selling on fears of contagion in the sector after the collapse of two regional US lenders.
|
|
Advertising
-
Sponsored
1/10/2023 3:36:15 PM
With the global energy transition underway, the 6th edition of the Egypt Petroleum Show (EGYPS) returns to Cairo from 13-15 February 2023 at the Egypt International Exhibition Center to propel the dialogue on energy security and climate action through collaborative industry efforts.
|
|
Business
-
Markets & Companies
10/4/2022 4:38:09 PM
Global stocks rallied Tuesday and the dollar dipped as weak US data sparked hopes the Federal Reserve could ease its interest-rate hiking plans.
|
|
Business
-
Markets & Companies
9/23/2022 5:32:31 PM
Stocks tumbled worldwide Friday on more signs the global economy is weakening, just as central banks raise the pressure even more with additional interest rate hikes.
|
|
Business
-
Economy
6/13/2022 1:31:04 PM
Bitcoin tumbled Monday to an 18-month low under $25,000 as investors shunned risky assets in the face of a global markets selloff.
|
|
Business
-
Markets & Companies
5/19/2022 7:18:46 PM
European and Asian markets took a beating Thursday after Wall Street suffered one of its worst batterings in two years over recession fears after decades-high inflation.
|
|
War in Ukraine
-
Economy
5/5/2022 12:25:40 PM
OPEC and allied oil-producing countries, including Russia, are weighing conflicting forces Thursday as they decide how much crude should flow to volatile global markets. Europe's proposal to phase out Russian oil and other Western sanctions are choking back supply, while COVID-19 shutdowns in China are cutting demand.
|
|
World
-
Region
3/21/2022 2:10:47 PM
Saudi Arabia says it “won't bear any responsibility for any shortage in oil supplies to global markets'' after attacks by Yemen's Iran-backed Houthi rebels affected the kingdom's production.
|
|
Business
-
Economy
12/2/2020 12:26:15 PM
Positive news on coronavirus vaccines and the fading of uncertainty regarding the US elections helped global markets performance in late November
|
|
Egypt
-
Politics
5/11/2020 4:46:53 PM
The petroleum minister stressed on the importance of rationalising spending amid the coronavirus crisis due to a sharp drop in global oil prices and a rising surplus of oil in global markets
|