Fed rate cut expectations diminish
Traders' confidence in three quarter-point interest-rate cuts by the Federal Reserve this year is fading, with…
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Bank of Israel at crossroads in upcoming interest-rate decision
The Bank of Israel is at a crossroads in its upcoming interest-rate decision, as analysts are divided between…
Egypt’s inflation drops to 33.1% in March
Egypt’s general Consumer Price Index (CPI) dropped to 221.6 points in March 2024, indicating an annual inflation…
Oil retreats from 5-m peak on Monday’s opening
Oil retreated from a five-month peak following Israel's announcement of troop withdrawal from Gaza, with traders…
Egypt stocks close mixed on April 7th
Egypt’s stock market (EGX) closed mixed on Sunday. The main index, EGX30 dropped by 1.24 per cent, to 28,151.66…
Egypt eyes initial surplus of 3.5% in ’27 – minister
Egypt is targeting a substantial initial surplus of 3.5 per cent of GDP by the end of June 2027, said Minister of…
Egypt’s food exports surge by 260k tons in a week – NFSA
Egypt’s export activities reached 5.000 food consignments recorded for export and imports, totalling approximately…
Paris Club pushes Ethiopia’s IMF deal deadline to June
The Paris Club, a group mainly comprising developed country creditors, reportedly extended Ethiopia's deadline to…
EGX closes northward on April 4th
Egypt’s stock exchange (EGX) closed all green on Thursday, with the main index, EGX30 surging by 2.04 per cent to…
India’s decision to halt Russian oil imports surprises US
The US was surprised by India's decision to halt Russian oil imports, given Washington's interest in maintaining…