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East Africa FOREX News is an EIN News Service for FOREX trading professionals. Constantly updated news and information about East Africa FOREX Trading.
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  • Trade Bank of Iraq joins Thomson Reuters world-class global foreign exchange trading service 25 Nov 2009 09:36 GMT
    ... Trade Bank of Iraq- first bank in Iraq ... in Iraq to join Thomson Reuters global foreign exchange trading service Baghdad & Dubai, 25 November, ... Candice Sgroi PR Manager, Middle East & Africa +971566818021 This announcement was originally distributed by ...

  • Trade Bank of Iraq joins Thomson Reuters world-class global foreign exchange 25 Nov 2009 14:54 GMT
    ... LONDON -- (Marketwire) -- 11/25/09 -- Trade Bank ... in Iraq to join Thomson Reuters global foreign exchange trading service Baghdad & Dubai, 25 November, ... Candice Sgroi PR Manager, Middle East & Africa +971566818021 candice.sgroi thomsonreuters.com Trade Bank of Iraq ...

  • Trade Bank of Iraq joins Thomson Reuters world-class global foreign exchange trading service (MRW) 25 Nov 2009 14:30 GMT
    ... TBI, a state-owned bank, was established in July 2003 ... , said, "This connection to the international foreign exchange community via the world's leading source of ... Candice Sgroi PR Manager, Middle East & Africa +971566818021 ...

  • Arte cubano Forex Currency Trading 28 Nov 2009 19:12 GMT
    ... other currency, we have to talk about Forex. That;' short for foreign exchange or the exchange of currency for a ... Slovak Koruna, Slovenian Tolar, Somali Shilling, South African Rand, Sri Lanka Rupee, St Helena Pound, ...

  • Arte cubano Forex Currency Trading - What You Should Know Posted By: Mike Hanson 28 Nov 2009 19:12 GMT
    ... other currency, we have to talk about Forex. That;' short for foreign exchange or the exchange of currency for a ... Slovak Koruna, Slovenian Tolar, Somali Shilling, South African Rand, Sri Lanka Rupee, St Helena Pound, ...

  • Fast Internet drives boom in illegal private forex trading 29 Nov 2009 16:01 GMT
    ... to be aware of the flourishing private forex dealing Trading accounts are opened with no minimum ... no minimum balance requirement Commercial banks in East Africa are losing billions of shillings annually through ...

  • Uganda trade deficit plunges to $58.45 mln in Sept 26 Nov 2009 11:55 GMT
    ... KAMPALA, Nov 26 (Reuters) - Uganda's trade deficit ... it has also heightened inflation in east Africa's third largest economy. Informal trade refers to ... fall of private sector imports. The bank's foreign exchange reserves increased to $2.75 billion or 5.6 ...

  • Information is Essential for One to Make Profits in Forex Markets [opinion] 30 Nov 2009 12:34 GMT
    ... Nairobi, Nov 30, 2009 (The East African/All Africa Global Media via COMTEX) -- The global ... importing large quantities of products made in Kenya, they will need to exchange their dollars ...

  • Globalization hurts Kenyan agriculture 29 Nov 2009 11:34 GMT
    ... Kenya native, Rose Ogutu, spoke Wednesday at the ... in agriculture at the University of Eastern Africa, earned her master’s degree from Cornell University and ...

  • Uganda's shilling little changed vs dollar 23 Nov 2009 09:37 GMT
    ... KAMPALA, Nov 23 (Reuters) - Uganda's shilling was little changed against the dollar ... from the telecommunications sector buying dollars,' one forex dealer said. Most dealers expect the shilling to ... Editing by Toby Chopra) (For more Reuters Africa coverage and to have your say on the ...

  • Uganda shilling rangebound vs dlr, lacks direction 24 Nov 2009 12:53 GMT
    ... KAMPALA, Nov 24 (Reuters) - Uganda's shilling was unchanged versus the dollar on ... last few weeks. It's lacking direction,' a forex trader said. Traders say that the Ugandan unit ... Kimball; Editing by ??) (For more Reuters Africa coverage and to have your say on the ...

  • Deposits Hit Sh1 Trillion At Local Banks 30 Nov 2009 10:17 GMT
    ... pressure from mobile money transfer and lower forex volatility. The global downturn and a severe drought ... regulators and partner central banks in the East African Community are working on a regulatory regime that ...

  • Ocir-Café Projects a Dip in Coffee Revenues 27 Nov 2009 08:10 GMT
    ... Kigali — Rwanda's coffee revenues will drop by ... is targeting $100 million (Rwf56.6 billion) in foreign exchange earnings from 35,000 tonnes of coffee exports ... is an active member of the East African Fine Coffees Association (EAFCA). "The annual event ...

  • HELLO AND GOODBYE 30 Nov 2009 08:13 GMT
    ... SA's best-selling small bakkie for the past five years, ... was part of the corporation's Latin America/Middle East/Africa region and took its engineering and product instructions ... Though GM also has assembly plants in Kenya and Egypt, SA is Africa's main producer ...

  • Full transcript of Nike's Q4 2005 earnings results conference call (NKE) 24 Nov 2009 18:25 GMT
    ... ) reported Q4 and FY 2005 earnings results earlier ... , which includes the Middle East and Africa. All of you know that Europe has ... of our consolidated gross margin improvement. Improved foreign exchange rates were the main driver of gross ...

  • Mattel, Inc. Business Update Call Transcript 29 Nov 2009 12:15 GMT
    ... Good morning to everyone here in El Segundo and ... expanding international growth partially aided by favorable foreign exchange. Our profitability over that time period can ... Eastern and Western Europe and the Middle East/Africa region. Later this year we will add ...

  • The Urge to diversify the horticultural sector 30 Nov 2009 10:13 GMT
    ... BY HAYAL ALEMAYEHU Only eight years ago, flower was ... which expects a boost in terms of foreign exchange inflow from the sector. Moreover, most of ... a lack of diverse market destinations. Kenya, Africa’s biggest flower exporter, has been able to ...

  • Bermuda 2009 : Leaping forward with ICT 22 Nov 2009 15:52 GMT
    ... This year’s edition of the biennial Global Public Summit ... various stakeholders involved in information security in Africa, for example; ii.Creating some international watch and ... uninterrupted parliament since 1620. Bermuda earns its foreign exchange from international business in Insurance and it ...

  • Medtronic Second Quarter Revenue Increases 8% to $3.838 Billion; Raises EPS Guidance for Current Fiscal Year 24 Nov 2009 12:30 GMT
    ... -- Non-GAAP diluted EPS of $0.77 grew 15%; GAAP ... after adjusting for an unfavorable $5 million foreign exchange impact. The CardioVascular business continues to experience ... driven by solid growth in China, Middle East/Africa, Canada and Latin America. Neuromodulation Neuromodulation revenue ...

  • Medtronic Second Quarter Revenue Increases 8% to $3.838 Billion; Raises EPS Guidance for Current Fiscal Year (BIZ) 24 Nov 2009 12:34 GMT
    ... The company reported second quarter revenue of $3.838 billion, ... after adjusting for an unfavorable $5 million foreign exchange impact. The CardioVascular business continues to experience ... driven by solid growth in China, Middle East/Africa, Canada and Latin America. Neuromodulation Neuromodulation revenue ...

  • QAD Inc. F3Q10 (Qtr End 31/10/09) Earnings Call Transcript 25 Nov 2009 05:54 GMT
    ... Ladies and gentlemen, thank you for standing by. ... maintenance revenue related to the impact of foreign exchange, as our maintenance renewal rates continue to ... for ADC Telecommunications in Europe, Middle East, Africa and Asia Pacific. ADC Crown, Asia Pacific ...

  • We Now Have Influential G-2 27 Nov 2009 13:39 GMT
    ... US President Barack Obama's trip to China and other ... emitted some signals of major significance to African countries and the global economy. The visit ... have also compelled China to accumulate huge foreign exchange reserves, especially American dollars, which has ensured ...

  • Low debt and inflation underscores Turkey's growing economy 30 Nov 2009 10:31 GMT
    ... Turkey is well placed to emerge from the ... of the country upon foreign funding, the foreign exchange reserves of the Central bank remained solid ... countries especially in Europe, Middle East & Africa (EMEA) region: Turkey’s population is growing by ...

  • Dangote Supports Abuja Carnival With N20 Million 23 Nov 2009 19:21 GMT
    ... Abuja — Dangote Group of Companies has supported ... tourism potentials which is a source of foreign exchange to many countries in East Africa. "The company's contribution was utilised in sponsoring ...

  • Bermuda 2009: Leaping forward with ICT 24 Nov 2009 20:43 GMT
    ... There was a general consensus that the link ... Nigeria with the backing of Kenya, South Africa and Egypt got the node to host ... uninterrupted parliament since 1620. Bermuda earns its foreign exchange from international business in Insurance and it ...


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