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Egypt’s FRA launches first digital payments network for non-banking financial sector
Egypt’s Financial Regulatory Authority (FRA) on Monday launched the first ever digital payments network for the…
Egypt launches new UPA digital portal
Egypt has launched a new digital portal for the Unified Procurement Authority (UPA) as part of efforts to advance…
Egypt’s Social Housing Fund, SAIB Bank renew financing protocol
Egypt’s Social Housing and Mortgage Finance Fund signed a cooperation protocol with SAIB Bank on Wednesday to…
Oil prices hold near 2-week highs
Oil prices hovered near two-week highs on Monday as expectations of a US Federal Reserve rate cut strengthened the…
Oil prices edge higher on Wednesday
Oil prices edged higher on Wednesday after hitting a one-month low, with Brent crude rising to $62.75 and US West…
Gold prices slide on Thursday
Gold slipped on Thursday as a stronger dollar and reduced expectations of a Federal Reserve rate cut weighed on the…
Egypt’s Digital Pioneers Initiative to train 30,095 young professionals
Egypt’s Ministry of Communications and Information Technology, the Egyptian Military Academy, and the Tahya Misr…
Oil falls over 1% as OPEC+ mulls July output hike
Oil prices dropped more than 1 per cent on Thursday as reports surfaced that OPEC+ may raise production in July,…
EGP closes slightly higher against USD on Tuesday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
EU car market sees rise of electric, hybrid vehicle
The European Union (EU) had 10.7 million new car registrations in 2023.