Browsing Category
Featured
Egyptian pound rises against dollar at Tuesday’s close
The Egyptian pound (EGP) appreciated against the US dollar (USD) on Tuesday, May 13, 2025, according to data from…
US CPI-U eases, 2.3% up YoY in April
US consumer prices rose by 0.2 per cent in April after a 0.1 per cent drop in March, according to the US Bureau of…
EGX ends in green area on May 13
The Egyptian Exchange (EGX) closed higher on Tuesday, supported by broad-based gains across major indices and…
Gold edges higher as investors await US inflation data
Gold prices increased on Tuesday as the dollar weakened and initial trade truce optimism faded, with investors…
Egypt’s FM discusses Maersk investment expansion
Egypt is seeking to deepen its strategic partnership with Danish shipping giant A.P. Moller–Maersk, prioritising…
German investor sentiment plunges most since 2022 on trade jitters
German economic sentiment took a major hit in April as the ZEW Indicator plunged by 65.6 points to minus 14.0, its…
Suez Canal offers 15% toll break for large vessels starting May 15
The Suez Canal Authority will offer a 15 per cent discount on transit tolls for large container vessels in a bid to…
Egypt’s PM inaugurates Hayat tissue plant expansion in SCZone
Egypt's Prime Minister Moustafa Madbouly inaugurated the expansion of Turkish company Hayat Egypt’s nonwoven tissue…
Egypt inks EGP 34.5b contracts with Sokhna’s Xin Xing
Egypt’s Prime Minister Moustafa Madbouly witnessed the signing of four contracts with China’s Xin Xing Company for…
China’s c. bank issues 180b yuan off reverse repo
The People’s Bank of China (PBC) announced on Tuesday a 7-day 180-billion-yuan reverse repo at an interest rate of…