20 | September | 2016 | Nile International

Yen edges up as traders doubt BOJ’s firepower

on: September 20, 2016In: Business & Economy

The yen edged up against the dollar on Tuesday as traders doubted that the Bank of Japan will be able to meaningfully weaken the yen when it meets on Wednesday, and betted that the U.S. Fede... Read more

Judge drops probe into Bank of Italy governor in Spoleto case

on: September 20, 2016In: Business & Economy

An Italian judge has dropped an investigation of the governor of the Bank of Italy and seven other officials over the collapse and sale of Banca Popolare di Spoleto (BPS), a court document s... Read more

President El-Sisi meets world leaders at United Nations General Assembly

on: September 20, 2016In: Egypt

President Abdel-Fattah El-Sisi met on Monday and Tuesday a number of world leaders, US politicians and former officials in New York during the 71st United Nations General Assembly meeting. E... Read more

Devaluation would boost Egyptian exports by 10 percent: Trade minister

on: September 20, 2016In: Business & Economy

Trade and Industry Minister Tarek Kabil said on Tuesday that Egyptian exports would rise by 10 percent if and when authorities devalue the pound. Pressure has been mounting on the central ba... Read more