Central Banks

Central banks, U.S. employers aid world stock recovery

Mon, 07 Jan 2019 - 11:21 GMT

A set of strong employment data in the United States, decisive action from the Chinese central bank and dovish messages from U.S. Federal Reserve chief Jerome Powell combined to push world stocks further off recent lows on Monday.

Gulf Banks raise interest rates following U.S. decision

Thu, 22 Mar 2018 - 01:37 GMT

A number of Central banks in the Gulf raised the interest rates by 25 base points, following the decision of the U.S. Federal Reserve to increase the interest rates to 1.75 percent.

Egypt monitoring global market before Eurobond issue: Min

Sat, 10 Feb 2018 - 10:21 GMT

Egypt is currently monitoring global financial markets to decide on the right time to issue the Eurobonds, Finance Minister Amr el-Garhy said.

Gold trades change as focus on geopolitical uncertainty

Mon, 21 Aug 2017 - 10:42 GMT

Gold prices were little changed on Monday as investors sought further direction after a week of geopolitical uncertainty in the United States and Europe.