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Money
Banque du Caire H1 standalone pretax profit grows 6%
Egypt’s third largest public state-lender, Banque du Caire (BdC) reported on Tuesday a 6 percent year-on-year…
Gold prices in Egypt on August 30
Gold prices in Egypt rose on Tuesday as the global prices of the yellow metal recorded $1,739.14.
Bank of Korea keeps door open to raising interest rate
Bank of South Korea (BOK) has warned on Tuesday of increased volatility as global markets brace for future hikes…
Gold rise slightly as dollar slips from 20-year high
Gold prices rose slightly in early Asian hours on Tuesday, as the dollar eased off a 20-year high.
IMF didn’t require Egypt to lift bread, energy subsidies to unlock loan – minister
Egypt's Finance Minister Mohamed Maait said on Monday that the International Monetary Fund (IMF) did not require…
Honda Motor, LG Energy to build $4.4b EV battery plant in US
Honda Motor and LG Energy Solutions announced their intention on Monday to establish a new Electric Vehicle (EV)…
South Korea signs $2.2bn contract for Egyptian nuclear plant
South Korea has signed a $2.2-billion contract with the Russian company Rosatom to provide buildings and components…
Maait says $22 billion ‘hot money’ left Egypt
Egyptian Finance Minister Mohamed Maait said on Monday around $22 billion in short-term investment “hot-money” had…
Gold prices in Egypt on August 29
Gold prices in Egypt declined slightly on Monday as the global prices of the yellow metal recorded $1,732.17.
Gold declines as dollar firms due to Powell’s speech
Gold prices declined on Monday, as the dollar held on to gains following U.S. Federal Reserve Chair Jerome Powell’s…