Dollar firm ahead of central bank decisions Finance

Dollar firm ahead of central bank decisions

TOKYO: The dollar held gains against major peers on Thursday as markets positioned for key central bank decisions in Britain, Europe and Japan. Sterling remained under pressure after an unexpected drop in UK inflation strengthened the case for a rate cut by the Bank of England. The yen pared losses from the previous session as […]

Egyptian steel firm to set up major fabrication facility in Duqm Business

Egyptian steel firm to set up major fabrication facility in Duqm

FMC-Ferrometalco, a leading Egyptian steel fabrication and construction company, has signed an agreement to invest in the establishment of a major facility specializing in the fabrication of steel structures at the Special Economic Zone at Duqm (SEZAD). The project forms part of a portfolio of investments announced earlier this week by the Public Authority for […]