ECB prepares banks for a changing risk landscape
Eurozone banks must revise their risk management strategies in light of several challenges, according to Claudia…
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Oil recovers on surprise US inventory draw
Oil prices saw a rebound on Thursday, with US crude and gasoline stocks witnessing a drawdown, according to…
Asian stocks soar to record highs on Fed decosion
Gold prices and benchmarks in Tokyo and Taipei soared to record highs on Thursday, mirroring the S&P 500’s…
Major world currencies rise against US dollar
The Japanese yen saw a notable increase against the dollar on Thursday, bolstered by the prospect of further rate…
Egyptian pound appreciates slightly in early Thursday trade
The Egyptian pound’s foreign exchange rate against the USD saw a minor rise at the beginning of trading on…
Groundbreaking for Saint-Gobain’s 3rd factory, solar plant in Egypt’s SCzone
The Suez Canal Economic Zone (SCZONE) witnessed on Wednesday the groundbreaking of Saint-Gobain’s third glass…
Egypt FX firms’ revenues hit EGP 4.18b since flotation
Following the recent decisions by the Central Bank of Egypt, the foreign exchange companies of the three largest…
Egyptian pound rises versus USD – CBE
The Central Bank of Egypt (CBE) announced the average exchange rates of USD in the official FX market on Wednesday,…
Western nuclear fusion backers to meet in US amid China threat
Western nuclear fusion industry leaders are gathering in Washington, D.C., this week to discuss strategies for…
Thailand advances with $13.9b stimulus
Thailand’s government is pushing forward with a 500 billion baht ($13.9 billion) stimulus package, which may…