Euro Depreciates 0.5 Percent to $1.3153
The euro weakened against the dollar after a report showed German factory output unexpectedly contracted this…
Turkish Shipment of Diesel to solve the Market’s Shortage
The Liberian vessel “Vidias” arrived at Alexandria port today, as coming from Turkey with a shipment of about…
Finance Ministry Offers 182- and 357-day T-Bills Worth EGP 6.5 bn
Ministry of Finance has announced on Thursday selling 182-and 357-day treasury bills worth EGP 6.5 billion in an…
Gold Sluggish amid China Factory Activity Shrinks
Gold prices were little changed on Thursday, hovering around US$1,650 an ounce, as investors weighed a recent…
Indian Rupee Falls to Two-Month Low
The Indian rupee fell for a fourth consecutive session this morning, falling to its weakest level in eight weeks,…
Egyptian Schools in Saudi Arabia
Saudi Arabia agreed in principle to allow the opening of Egyptian schools in Jeddah, Riyadh and the Eastern…
Clashes in Turkey left 13 dead
Seven Kurdish rebels and six Turkish police officers have been killed in clashes in the far south-east of the…
Abou Al Fotouh: Banks’ Interests Are Prohibited
Presidential candidate, Abou Al Fotouh, said he will set salaries' limit at EGP 30 thousands, as well setting…
Blom Bank Increases Its Share in Arope Insurance with 9.5%
Blom Bank increased its shares in Arope Insurance Group with 9.5%; 4.75% in Arope Property Insurance Company and…
Experts: Reducing Interest Rates Is An Urge To Boost Foreign Investment
Money market experts demanded reducing interest rates in Egypt so as to increase foreign investments that will in…
