Business articles

Egypt pound rebounds from flotation slide

The Egyptian pound strengthened against the US dollar on Monday, regaining ground after record lows which followed the central bank’s decision to float the currency in November.

Women named to head Saudi bourse, major bank

Women have been named to head Saudi Arabia’s stock exchange and a major bank, the institutions announced, despite the kingdom’s social restrictions on females.

Shanghai stocks climb in Asian market rally

Shanghai stocks closed more than one percent higher on Monday, with traders buoyed by reports that China’s official pension funds may start investing, as markets across Asia saw modest gains.

Thailand 2016 growth up but below junta target

Thailand’s economy grew 3.2 percent in 2016, a slight increase on the previous year but below the junta’s target as the generals struggle to revive what was once one of the region’s strongest economies.

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