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Investors look beyond Egypt crises, buy stocksA currency crisis, political turmoil and an economic policy-making vacuum are not usually favourable conditions for a stock market bull run but one is underway in Egypt nonetheless. The Egyptian market has soared over the last few More… |
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Oil gains, focus on Egypt, US jobsCrude oil futures rose on Friday as Egypt's volatile situation kept markets on edge, and ahead of US employment data due later in the day. US crude was 16 cents up at $90.70 a barrel by 1109 GMT. Brent crude for March rose by 20&n More… |
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Dubai falls to 21-week low on Egypt worriesDubai's index slumped to fresh 21-week lows, falling 0.6 per cent to 1,534 points, its lowest finish since September 2 giving back early gains to extend a slump sparked by unrest convulsing Egypt. UAE's largest developer Emaar Properties, More… |
