Gold prices pause record-breaking surge in early Monday trade
Gold prices paused their record-breaking surge on Monday, driven by a cooling US labour market and Federal Reserve…
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Oil declines further in early Monday trade
Oil fell on Monday due to concerns about sluggish demand in China, despite geopolitical tensions in the Middle East…
Default risk in emerging markets decreases
The risk of government defaults in emerging markets is diminishing, fueling a bond rally, especially in junk-rated…
New GASCO-ENI hybird fuel station opens in New Cairo
Tarek Al Molla, the Egyptian Minister of Petroleum and Mineral Resources, inaugurated the GASCO-ENI integrated…
ECCAS removes sanctions on Gabon
The Economic Community of Central African States (ECCAS) has decided to remove sanctions on Gabon and reintegrate…
EGX closes in green on March 10
Egypt’s stock market (EGX) closed in the green area on Sunday. The main index, EGX30 dropped by 5.17 per cent, to…
Egypt’s annual inflation rises to 36% in Feb
Egypt saw a surge in its annual headline inflation to 36 per cent in February up from 31.2 per cent in January, as…
Middle East markets close mixed, EGX surges on March 7
Gulf stock markets reacted mixed to U.S. Federal Reserve Chair Jerome Powell's remarks on monetary policy.
EGX closes all green on March 7
Egypt’s stock market (EGX) closed green on Thursday. The main index, EGX30 jumped by 5.24 per cent, to 31,300.54…
Mexico’s inflation rate decreases in Feb
Mexico's inflation rate decreased in February for the first time since October, fueling expectations of upcoming…