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The Watch
Oil prices rise over 15% on Monday
Oil prices rose more than 15 per cent on Monday to their highest levels since mid 2022 as supply cuts by major…
US dollar rises to average of EGP 52 at close of trade on 8 March, 2026
The US dollar rose against the Egyptian pound on Sunday, 8 March 2026, reaching an average level of around 52…
US dollar trades around EGP 50.29 against Egyptian pound – midday 5 Mar., 2026
The US dollar traded at an average of about 50.29 Egyptian pounds at major Egyptian banks on Thursday, 05 March…
Gold prices rise on Thursday
Gold prices rose on Thursday amid safe-haven demand driven by escalating Middle East conflict, while a firmer…
Oil prices jump over 3% on Thursday
Oil prices climbed more than 3 per cent on Thursday, extending gains for a fifth straight session as the escalating…
Gold rebounds as US–Iran tensions support safe-haven demand
Gold rebounded in Asian trading on Wednesday, rising 1.2 per cent to $5,150.63 an ounce after plunging nearly 5 per…
US dollar climbs to average of EGP 50 against Egyptian pound – midday 4 Mar, 2026
Major Egyptian banks quoted the US dollar at roughly 50 Egyptian pounds on Wednesday, 04 March 2026 at 11:55 a.m.…
URGENT: Egypt has no dollar crisis, PM says amid global market volatility
Egypt has sufficient foreign currency reserves and faces no dollar shortage, Prime Minister Moustafa Madbouly said…
US dollar nears EGP 50 in Egyptian banks’ midday trade – 3 Mar, 2026
Major Egyptian banks quoted the following exchange rates for the Egyptian pound against the US dollar on Tuesday,…
US dollar jumps to January high as Mideast conflict revives haven demand
The US dollar climbed to its strongest level since January as escalating conflict in the Middle East revived demand…