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Egypt’s gold prices edge up on Wednesday
Egypt’s gold prices edged up across all carats on Wednesday at 01:00 pm CLT (10:00 GMT) compared to the previous…
CBE: Egypt’s financial stability index surges to 0.44 in March ’24
The Central Bank of Egypt (CBE) reported on Wednesday a significant improvement in Egypt's financial stability…
EU coffee imports hit €10.6 b in ’23
The European Union (EU) imported 2.7 million tons of coffee from non-EU countries in 2023, valued at €10.6 billion,…
CBE: Egyptian banking sector maintains prudent lending practices
Egypt’s central bank reported that the banking sector continued to provide financing for the business sector and…
CBE: Non-banking financial sector contributes 9.8% to Egypt’s GDP in FY23/24
The Egyptian non-banking financial sector represented 9.8 per cent of GDP and 7.7 per cent of total financial…
Egypt reinforces fiscal discipline, debt strategy
Egypt is underscoring its commitment to financial discipline and revenue development as part of its economic reform…
CBE: Banking sector assets up 116.9% of GDP by FY ’23
The Egyptian banking sector's total assets reaching a substantial 116.9 per cent of the nominal GDP and 92.3 per…
European shares up on early Wednesday trade
European shares saw gains across most indexes on Wednesday.
EIM to invest $100m in Egypt automotive plant
The Egyptian International Motors (EIM) announced plans to invest $100 million in establishing an automotive plant…
Gold prices ease, waiting for US economic data
Gold prices declined in early trading on Wednesday, as investors awaited US data for further economic cues.