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PM denies IMF loan rumours, reassures Egypt on economic path
Prime Minister Moustafa Madbouly on Thursday dismissed recent rumours suggesting that Egypt had requested the…
Egypt to boost industrial GDP contribution to 20% by 2030 under new strategy
The Egyptian government has set ambitious goals to boost its industrial sector, aiming to increase its contribution…
Egypt tightens fiscal reins with new debt cap law
The Egyptian Cabinet approved on Thursday the implementation of the Unified Public Finance Law, which aims to…
Egypt’s net foreign assets positive for sixth straight month in October
Egypt's net foreign assets (NFAs) rose to 520.121 billion Egyptian pounds in October, remaining positive for a…
Egypt’s reserve money M0 hits EGP1.905t in October – CBE
Egypt’s money supply, as measured by reserve money (M0), rose to 1.905 trillion Egyptian pounds at the end of…
US unemployment claims drop
US initial unemployment claims dropped slightly to a seasonally adjusted 217,000 for the week ending November 9, a…
Bank of Russia warns of ongoing high inflation in Nov. ’24
The Bank of Russia does not yet see a sustained slowdown in inflation, with prices continuing to grow at a rapid…
Nov 14: EGX ends week mostly in green
Egypt’s stock market (EGX) closed mixed on Thursday. The main index, EGX30 went up by 0.09 per cent, to 31,462.21…
Egypt’s gold prices down on Thursday
Egypt’s gold prices fell on Thursday, November 14th, at 3:35 pm CLT (01:35 GMT), compared to Wednesday’s value,…
URGENT: US Producer Price Index 0.2% up in October
The US Producer Price Index (PPI), which measures average price changes seen by producers and manufacturers,…
