Gold holds ground as Fed signals imminent rate cuts
Gold prices held steady on Monday, supported by a weaker dollar and lower Treasury yields following dovish remarks…
Asian stocks open higher, await inflation clues
Asian stocks opened slightly higher on Monday as investors awaited key economic data and corporate earnings for…
EGP flat vs. USD in early trade
The Egyptian Pound (EGP) remained stable against the US Dollar (USD) as trading began on Monday, August 26, 2024.
Cairo, Alexandria, other African cities to dominate GDP growth by ’35 – EIU
Cairo, Egypt, along with other major African cities, is projected to be among the top 100 African cities with the…
Britain’s solar energy ambitions exceed expectations: The Guardian
Despite challenging weather conditions, Great Britain is poised to shatter its summer solar power generation…
China’s Sinopec reports 2.6% profit growth in H1 ’24
China Petroleum & Chemical Corp (Sinopec) reported a 2.6 per cent increase in net profit for the first half of…
UAE’s non-oil exports reach record levels in H1 ’24
UAE's non-oil exports reached record levels in the first half of 2024, matching the total exports from 2019. The…
Egypt banks: Provisions rise by EGP 117b in Dec ’23-Apr ’24
Egyptian banks' provisions increased from 346.922 billion Egyptian pound at the end of 2023 to 463.829 billion…
EGX closes mixed on August 25
Egypt’s stock market (EGX) closed in the green area on Sunday. The main index, EGX30 went down by 0.22 per cent, to…
Jordan’s exports down 1% in H1 ’24
Jordan's exports in the first half of 2024 decreased by 1.0 per cent to JD4.444 billion from JD4.490 billion last…