EGP dips against USD in early trade
The Egyptian Pound (EGP) experienced a dip against the US Dollar (USD) in early market activity on Wednesday, April…
Asian stocks surge on tech rally
Asian stocks surged on Wednesday, led by a rally in technology shares, as investors shifted their focus to upcoming…
Egypt’s traders demand probe into EGX power outage
Egyptian Stock Exchange (EGX) traders and investors have demanded an immediate investigation into Monday's service…
Egypt’s FRA subsidiaries provide EGP 69.5b in Jan ’24
Egypt’s total funding granted through entities under the Financial Regulatory Authority (FRA) supervision in…
CBE reports bank loans rise to EGP 5.286t by end of ’23
The Central Bank of Egypt (CBE) announced on Tuesday a significant rise in loan balances at Egyptian banks,…
US business activity drops in April
US business activity tapered off to a four-month low due to softer demand in April.
CBE: Foreign T-bill holdings reach 424.3b by Jan ’24
The Central Bank of Egypt (CBE) announced that foreign customer investments in treasury bills rose to 424.381…
US oil, gas transactions surge to $51b in Q1
US oil and gas transactions in the first quarter (Q1) surged to a record-breaking $51 billion, building upon the…
Oil drops on Tuesday trade
Oil dropped on Tuesday despite a brief uptick spurred by positive economic data from Europe, as concerns over…
Eurozone business activity hits peak – PMI
The eurozone has witnessed its fastest expansion in overall business activity in nearly a year, driven by a robust…