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Egyptian Trucking Marketplace Brings Efficiency Gains In Chaotic Market
Wednesday, January 15, 2020 - 11:40am | 692Read More...In recent times, trucking ecosystems across emerging economies are mirroring the trends that have taken shape in the West, thanks to the democratization of technology accessibility and mobilization of venture capital. But the issues tackled in trucking markets within Africa and Asia are complex....
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Uber Gets Egypt Approval For $3.1B Middle-East Rival Acquisition Deal
Monday, December 30, 2019 - 6:51am | 322Read More...The Egyptian authorities have approved the San Fransisco-based ride-sharing company Uber Technologies Inc.'s (NYSE: UBER) bid to acquire middle-east rival Careem Inc. What Happened In a statement on Sunday, the Egyptian Competition Authority said that the authorities had approved the...
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Africa's Markets Are Getting More Transparent: Report
Wednesday, October 23, 2019 - 7:26am | 323Read More...Financial Markets across several African countries have seen significant improvements in the year 2018-19, says research conducted by OMFIF (Official Monetary and Financial Institutions Forum) and pan-African financial group Absa. What Happened OMFIF measures the countries’ financial markets...
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Egypt Ups Ante In Mideast With Seizure Of Iranian Crude Cargo
Tuesday, July 9, 2019 - 5:56pm | 303Read More...Egypt seized a tanker loaded with Iranian crude oil in the latest incident to rattle the tense Mideast trade lane. Middle East Monitor reported that a Ukranian tanker was arrested 10 days ago as it was transiting the Suez Canal. News of the vessel seizure came after an Egyptian court sentenced one...
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Do Terrorist-Suspected Air Disasters Affect U.S. Transportation Sector Stocks?
Sunday, May 22, 2016 - 1:02pm | 419Read More...After EgyptAir Flight 804 dove into the Mediterranean last Thursday, many sources including the Egyptian government and Donald Trump have speculated the disaster was due to terrorism. This positions the flight as one of four major passenger plane disasters in the past two years that had...
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A Forgotten Rally For This ETF
Wednesday, March 23, 2016 - 8:35am | 488Read More...Either forgotten or ignored. Maybe both, but the fact of the matter is the Market Vectors Egypt Index ETF (NYSE: EGPT) is up more than 12 percent over the past month. That puts the lone exchange-traded fund tracking North Africa's largest economy slightly ahead of the MSCI Emerging Markets...
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A Problem For The Egypt ETF
Thursday, January 21, 2016 - 9:09am | 485Read More...Over 500 exchange-traded funds, nearly a third of the entire U.S. ETF universe, hit 52-week lows on Wednesday, and plenty of emerging markets ETFs were part of that dubious group. The Market Vectors Egypt Index ETF (NYSE: EGPT), the lone ETF dedicated to North Africa's largest economy, was part...
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Benzinga Weekly Preview: Ukraine, Egypt Swear In New Leaders
Friday, June 6, 2014 - 3:59pm | 2458Read More...Next week is scheduled to be quiet and calm; at least, compared to this week’s action-packed economic calendar. Geopolitical tension will remain the focus as two conflicted nations, Egypt and Ukraine, swear in new leaders. Most are expecting to see the situation in Ukraine de-escalate ,as...
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ETF Outlook For Wednesday, May 28, 2014 (EWG, EGPT, URA, FCG)
Wednesday, May 28, 2014 - 9:07am | 427Read More...ETF Outlook for Wednesday, May 28, 2014 iShares MSCI Germany ETF (NYSE: EWG) A 1.9 percent rally in the price of EWG helped the ETF close at the best level in over six years. All year the ETF had struggled to close above $32 after coming close several times. The entire Eurozone rallied to...
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ETF Outlook For The Week Of May 26, 2014 (XLK, GDX, GEX, RSX, AAPL)
Tuesday, May 27, 2014 - 9:12am | 611Read More...ETF Outlook for the Week of May 26, 2014 SPDR Technology ETF (NYSE: XLK) Investors and analysts alike have been pounding the table insisting that the high-flying technology stocks are dead. While it may be true that a handful of them suffered a minor setback in the last two months, overall...
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Choose Wisely With 'Frontier Market' ETFs
Friday, April 25, 2014 - 4:00pm | 475Read More...Frontier markets are on the outer fringe of the international investment community, and are considered less developed than emerging markets. In addition, they generally involve countries with questionable political and economic stability due to leadership missteps. Many of these countries...
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Three Unusual ETF Leaders in 2014
Tuesday, February 25, 2014 - 5:06pm | 608Read More...Heading into 2014 the momentum was with equities, as the S&P 500 finished last year at the best level ever. The first couple months have involved a wild swing lower, however, that caused investors to rethink the current bull market as well a rally to new highs over the last few weeks. The...
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The Top 10 Financial Tweets For Wednesday, August 14
Wednesday, August 14, 2013 - 11:55am | 1165Read More...There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful or just down right comical. 1. Alberto Nardelli Electionista's Alberto Nardelli (@AlbertoNardelli) tweeted an awesome...
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Gasoline Prices Headed Higher as Investors Turn to Oil
Friday, July 12, 2013 - 8:51am | 569Read More...Consumers are going to see a spike in the cost of unleaded gasoline at the pump in August according to CNNMoney. One of the prime drivers of the increase, according to Gasbuddy.com analyst Tom Kloza, is an increase in the price of oil and gasoline futures in July. Continued fear over turmoil in...
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Egypt's Banking Sector Amid A Revolution
Friday, July 5, 2013 - 12:59pm | 475Read More...Federation of Egyptian Banks chairman Hisham Ezz Al-Arab talked went over the difficulties that Egypt's economy is facing during its political transition on CNBC's Squawk Box Friday morning. Amid chief justice Adly Mansour being sworn in as interim president of Egypt, The Egyptian military took...
