Economy
FM considers smart cards for farmer subsidization
September 28, 2015
FM considers smart cards for farmer subsidization
The Finance Ministry is considering smart cards for farmers to provide them with some financial support, the ministry said in…
Dollar rises on rate hike talk, stocks hurt by China fears
September 28, 2015
Dollar rises on rate hike talk, stocks hurt by China fears
An uptick in US economic growth increased expectations the Federal Reserve will hike US interest rates by the end of…
MIDEAST STOCKS: UAE markets to consolidate; global backdrop sluggish
September 27, 2015
MIDEAST STOCKS: UAE markets to consolidate; global backdrop sluggish
United Arab Emirates stock markets look set to consolidate in quiet trade on Sunday as they reopen after a break…
Global LNG-Prices extend losses as new supplies emerge
September 26, 2015
Global LNG-Prices extend losses as new supplies emerge
Asian liquefied natural gas (LNG) prices for November delivery fell, marking the sixth straight week of losses for the fuel,…
Oil market creeps higher after choppy week
September 25, 2015
Oil market creeps higher after choppy week
Global oil prices held firm on Friday at the end of a volatile week that has been marked by jitters…
US Q2 economic growth revised up to 3.9%
September 25, 2015
US Q2 economic growth revised up to 3.9%
The US economy sped along at a peppy 3.9 percent pace in the second quarter, faster than originally thought, the…
Euro zone lending inches up but money supply growth slows
September 25, 2015
Euro zone lending inches up but money supply growth slows
Lending to euro zone households and corporations inched up in August but the pace of growth in money circulating in…
Eni’s winning gas streak leaves competition chafing
September 25, 2015
Eni’s winning gas streak leaves competition chafing
Eni's giant Zohr gas find in Egypt this month, a gamble taken under the noses of competitors, marked the Italian…
Oil prices stable after slide
September 24, 2015
Oil prices stable after slide
The global oil market held firm on Thursday after sliding in the previous session in response to rising US oil…
FAO ready to help Egypt reclaim 1.5 mn feddans
September 24, 2015
FAO ready to help Egypt reclaim 1.5 mn feddans
The UN Food and Agriculture Organization (FAO) is primarily ready to provide Egypt with all possible support to help it…