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EGP dips vs USD in early trade
The Egyptian pound (EGP) experienced a slight drop against the US dollar (USD) as trading began on Sunday,…
Time to alleviate people’s misery
I pay careful attention to the upbeat remarks made by officials regarding the Egyptian economy. I am fully aware of…
Egypt’s central bank to host major Arab banking summit on Oct 1
Under the sponsorship of Egyptian President Abdel Fattah al-Sisi, the Central Bank of Egypt (CBE) is hosting the…
US weekly unemployment claims fall
The number of Americans filing new unemployment claims witnessed a drop last week, reaching 218,000.
Bank of England assigns 37bn pounds in weekly repo
The Bank of England (BoE) assigned on Thursday 37.059 billion pounds ($49.52 billion) in seven-day funds in its…
URGENT: US announces fresh Russia- and cyber-related sanctions – statement
The United States imposed sanctions on Sergey Sergeevich Ivanov of Russia and a cryptocurrency firm, Cryptex, a…
Bank of Russia upholds profit forecast for ’24
The Bank of Russia reaffirmed on Thursday its forecast for the banking sector's profits in 2024, expecting a total…
EGX ends week in green on Sept 26
The Egyptian Exchange (EGX) closes in the green area on Thursday, with the main index inching up by 0.08 per cent…
US economy grows at 3.0% annualised pace in Q2 – data
The US economy grew at an annual rate of 3.0 percent in the second quarter of 2024 buoyed by strong consumer…
ICIEC and S. Korea’s KIND deal for PPP projects
ICIEC signed a MoU with the South Korea's to boost Public-Private Partnership (PPP) projects in ICIEC member states…