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EGP sees slight movement vs. USD on Tuesday
The Egyptian Pound (EGP) showed little movement against the US Dollar (USD) as trading opened on Tuesday, August…
Asian stocks climb on rate cut hopes
Asian stocks hit a one-month high on Tuesday, boosted by a Wall Street rally fueled by expectations of Fed interest…
SNB alters excess deposit interest rate threshold
The Swiss National Bank (SNB) will lower the threshold factor for remunerating sight deposits, reducing it from 25…
China greenlights 5 nuclear plants
China's cabinet has approved five new nuclear power projects, including the first phase of the Jiangsu Xuwei…
EU funds underperform US counterparts
European funds investing in US equities are experiencing lower returns compared to their U.S.-domiciled…
EGX closes mixed on August 19
Egypt’s stock market (EGX) closed mixed on Monday. The main index, EGX30 went down by 0.48 per cent, to 29,320.18…
Egypt mulls selling bread by weight
The Minister of Supply and Internal Trade has proposed selling bread by weight soon. He acknowledged that while…
S. Korean banks hike rates amid soaring household debt
Major South Korean banks are set to increase lending rates this week, driven by concerns over a surge in household…
Egypt pledges support for oil, gas investments
The Egyptian government is committed to supporting investment in gas and petroleum production to accelerate field…
China’s carbon prices rise on Monday
Carbon emissions allowances at the Guangzhou Emissions Exchange, China's largest local carbon market, closed at…