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Egypt approves N. Sinai concession expansion
Egypt’s Ministry of Petroleum and Mineral Resources has granted The North Sinai Petroleum Company, an Egypt Kuwait…
EGP dips against USD at Monday’s close
The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
Egypt’s c. bank announces EGP 5b in fixed coupon t-bonds
The Central Bank of Egypt (CBE) on Monday offered treasury fixed coupon bonds (t-bonds) worth five billion Egyptian…
Egypt’s CBE auctions €600m in t-bills
The Central Bank of Egypt (CBE) is offering €600 million worth of treasury bills (T-bills) on Monday.
Global youth unemployment falls to 15-yr low in ’23
Global youth unemployment rates hit a 15-year low in 2023, with 64.9 million unemployed individuals aged 15-24,…
China’s bond market faces turbulence amid c. bank intervention
China's bond market, the world's second largest, is facing uncertainty as the central bank intervenes to stabilise…
Sterling rises slightly after 4-week decline
Sterling showed a modest gain on Monday after four consecutive weeks of declines against the dollar, as traders…
Egypt’s gold prices dip on Monday
Egypt’s gold prices declined on Monday at 1:55 pm (10:55 GMT) compared to the previous day’s values.
Billions in dollar, euro shipped to Russia despite sanctions
Around $2.3 billion in dollar and euro banknotes have been shipped to Russia since the US and EU banned cash…
Youth make up nearly 40% of Egypt’s labour force in ’23
Egypt’s youth population plays a key role in its labour market, with individuals aged 18 to 29 constituting about…