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Asian shares surge, dollar strengthens amid inflation concerns
Asian shares surged Thursday, following a tech-led rally on Wall Street. The dollar strengthened as US core…
EGP wavers vs. USD in early Thursday trade
The Egyptian pound (EGP) experienced fluctuations against the US dollar (USD) as trading opened on Thursday,…
OECD forecasts 3.5% GDP Growth for Morocco ’24, 4.0% ’25
The OECD Economic Survey forecasts a 3.5 per cent GDP growth for Morocco in 2024, matching the 2023 rate and…
Egypt introduces simplified tax system for small businesses
Egyptian Finance Minister Ahmed Kouchouk announced a new, streamlined tax system for small and micro enterprises,…
US real average hourly earnings up by 0.2% in August
US real average hourly earnings for all employees increased by 0.2 per cent from July to August 2024, according to…
EBRD boosts Egypt’s digital sector with $22m Paymob stake
The European Bank for Reconstruction and Development (EBRD) is advancing Egypt's digital transformation with a $22…
EIB funds new wind farm with €20.1m in Lower Austria
The European Investment Bank (EIB) has committed €20.1 million to finance a new wind farm in Lower Austria,…
Egypt’s exports to Germany rise to 11% in the H1 ’24 – CAPMAS
Egypt's exports to Germany totalled $463 million in the first half of 2024, an 11 per cent increase from $417…
EGX ends in green on Sept 11
Egypt’s stock exchange (EGX) closed in green notes on Wednesday, with the main index, EGX30 surging by 1.27 per…
URGENT: US CPI-U up by 0.2% in August
The US Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 per cent in August, matching July's increase.