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EGP dips vs. USD at Monday close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Deutsche Bank sets highest S&P 500 year-end target at 5,500
Deutsche Bank has increased its year-end S&P 500 target for 2024 to 5,500, the highest among major brokerages,…
Commercial property poses risk to eurozone finance – ECB
A European Central Bank (ECB) report released on Thursday revealed that commercial property has emerged as a weak…
European chemical industry braces for significant change
The European chemicals sector is bracing for a period of significant change, caught between the headwinds of…
MSMEDA: MSME funding grows three-fold under Sisi’s administration
On the occasion of President Abdel Fattah El-Sisi's inauguration, the Small, Medium, and Micro Enterprises…
URGENT: No rush to cut policy rate – Fed board member
According to an official statement on the Fed's website, Christopher J. Waller, a member of the Federal Reserve…
Top 50 Women Forum mourns Habiba Al-Shamaa’s passing
The Top 50 Women Forum extends its sincere condolences and sympathy to the family and friends of Habiba Al-Shamaa,…
Moody’s revises Egypt’s outlook to positive, affirms rating at CAA1
Moody's has revised Egypt's outlook to positive and affirmed its rating at CAA1, Reuters reported on Thursday.
URGENT: Egypt’s central bank provides funds necessary for maintaining FX liquidity
In an extraordinary meeting on Wednesday, the Central Bank of Egypt’s the Monetary Policy Committee (MPC) decided…
URGENT: Egypt’s central bank raises interest rates by 6%
Egypt's central bank on Wednesday raised interest rate by 6%.