Turkish Lira dips to record low post-election
The Turkish lira fell to a record low of 32.4328 per dollar, a 0.2 per cent drop, following a surprising defeat for…
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USD maintains calm streak with EGP
The Central Bank of Egypt (CBE) reported minimal fluctuation in the average exchange rates of the US dollar (USD)…
Egypt invests EGP 1.7b in 43 slaughterhouses
Egypt’s Minister of Local Development, Hisham Amna, announced on Sunday plans to develop 464 slaughterhouses and…
Egypt receives a $9.13m GEF grant for climate project
Egypt has received a $9.13 million grant from the Global Environment Facility (GEF) as an additional funding to…
Egypt allots EGP 82.7b for Giza development in ’24
Egypt is directing investments worth EGP 82.7 billion towards the Giza governorate as part of its 2023–2024 plan,…
Russia continues steady gas supply to Europe via Ukraine
Gazprom, the Russian energy giant, continues to supply Europe with gas via Ukraine, with a daily volume of 41.95…
Sunday market opens with EGP steady against USD
The value of the Egyptian pound against the US dollar remained unchanged from the previous day at the market open…
USD takes a slight leap against EGP – CBE
The Central Bank of Egypt (CBE) noted a minor increase in the average exchange rates of the US dollar against the…
Foreign companies face $107b losses from Russian exit
Foreign companies incurred losses exceeding $107 billion due to writedowns and lost revenue, following the…
US Crypto ETF inflows surge, bitcoin bounces back
The nine newly introduced exchange-traded funds (ETFs) associated with bitcoin experienced a revival in inflows…
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