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Sterling slides as tariff fears, global volatility weigh on markets
The pound sterling fell to a one-year low against the euro and a seven-month low against the yen on Wednesday,…
EGX sees broad losses, foreign investors lead sell-off on April 9
The Egyptian Exchange (EGX) closed in the red on Wednesday, with all major indices experiencing losses.
URGENT: EU approves 1st set of countermeasures against US tariffs
The European Union (EU) member states on Wednesday voted in favour of the European Commission’s proposal to…
Egypt PM orders economic team to draft scenarios for stability amid tariff impact
Egypt's Prime Minister Moustafa Madbouly said on Wednesday he had directed the country’s economic ministers and…
Egypt’s El-Khatib explores investment with French MEDEF
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib met with a delegation of prominent French…
Egypt’s FM, discusses migration, Gaza crisis with German official
Egypt’s Foreign Minister, Sameh Shoukry, met with Michael Kretschmer, the Prime Minister of Saxony, Germany, on the…
EGP falls against USD at Wednesday’s close – CBE
The Egyptian pound (EGP) dropped against the US dollar (USD) on Wednesday, April 9, 2025, according to data from…
Egypt to issue $2-b Sukuk in ’25 – FinMin
Egypt plans to issue $2 billion in Islamic bonds (sukuk) in 2025 through multiple offerings, Finance Minister Ahmed…
Gold prices in Egypt – April 9, 2025
Gold prices in Egypt saw an uptick on Wednesday, April 9, 2025, as of 14:42 pm CLT (12:42 GMT), according to data…
ECB’s Rehn: Risks, inflation outlook support rate cut
Downside risks have intensified since March, strengthening the case for a rate cut at the European Central Bank's…