Bank of Russia eyes rate cut in H2 if inflation eases
The Bank of Russia is considering a reduction in the key rate in the latter half of 2024, provided inflation…
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German stocks lift Europe, ECB meeting awaited
European shares edged up on Monday, with Germany’s DAX leading the way following robust industrial production data…
EGP opens Monday with a minor uptick vs. USD
The Egyptian Pound (EGP) saw a minor increase against the US Dollar (USD) at the start of the market on Monday,…
EGP edges down against USD in Sunday trading
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Ukraine’s energy recovers, no major imports needed
The Ukrainian energy system, which had been severely damaged by Russian missile attacks in recent weeks, is now…
World food prices up by 1.1% in March – FAO
The Food and Agriculture Organisation of the United Nations (FAO) reported a 1.1 per cent increase in world food…
Russian asset seizure hits Europe, US unaffected
The confiscation of Russian assets will significantly impact Europe but will not greatly concern the US, according…
EGP nudges down against USD at start of Sunday trade
The Egyptian Pound (EGP) experienced a downward trend against the US Dollar (USD) at the start of the market on…
EGP to USD closes Thursday trading at 47.32
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
MSMEDA partners with Kredit to fund SMBs with EGP100m
The Egyptian Micro, Small, and Medium Enterprises Development Agency (MSMEDA) announced on Thursday a collaboration…