Egyptian wages surge 16.8% in ’23 – CAPMAS
Egypt’s Central Agency for Public Mobilisation and Statistics (CAPMAS) reported that the average monthly wage for…
UK consumer confidence rebounds in Oct. ’24
UK consumer confidence showed signs of recovery in October, with the S&P Global UK Consumer Sentiment Index…
European shares down on Monday midday
European shares experienced a downturn on Monday, following the European Central Bank's (ECB) interest rate cut…
Hong Kong eyes Egypt as investment gateway to Africa, Middle East – GAFI
Hong Kong sees Egypt as a vital investment gateway to Africa and the Middle East, with Chinese and Hong Kong firms…
S. Korea’s foreign currency deposits hit record in Sep. ’24
South Korea’s foreign currency deposits increased $3.66 billion in September 2024 to a new high of $104.07 billion.
Japan rice prices hit record high amid shortage
Japan saw the average price of newly harvested rice surge by 48 per cent in September 2024 compared to the previous…
Egypt’s c. bank offers EGP 2b FRN T-bonds
The Central Bank of Egypt (CBE) announced on Tuesday the issuance of two billion Egyptian pounds worth of…
ECB may lower interest rate below ‘natural’ level – Simkus
The European Central Bank (ECB) is considering reducing its key interest rate to its “natural” level of 2 per cent…
Egypt’s gold prices steady on Monday
Egypt’s gold prices remained unchanged on Monday at 11:00 am CLT (08:00 GMT) compared to the previous day value.
Egypt’s CBE auctions EGP 12b fixed coupon T-bonds
The Central Bank of Egypt (CBE) is auctioning on Monday 12 billion Egyptian pounds worth of fixed coupon treasury…