U.S. stocks jump to start new month positively
U.S. stocks has rallied on Monday to start the new month and quarter positively, while Treasury returns shed from…
IMF staff level agreement talks with Egypt, Tunisia are in ‘very advanced stage’
The International Monetary Fund (IMF) is in a very advanced stage of discussing staff level agreements with Egypt…
Egypt’s Banque Misr plans to launch its first digital bank early 2023 – chairman
Banque Misr, Egypt’s second biggest state lender, plans to launch its first digital bank in the homeland by early…
Egypt’s stock market close at red zone for second consecutive session
Egyptian Stock Exchange (EGX) indices had declined in the closing trading session on Monday, as the main index…
World Bank agrees $400 million for Egypt to reduce emissions
The World Bank (WB) has agreed to grant Egypt $400 million in order to develop the logistics and transportation…
Egypt mulls building vegetable oils hub in Suez Canal with Malaysia
Egypt is planning to establish a complex for vegetable oils in the Suez Canal area in cooperation with Malaysia to…
Turkey’s inflation jumps to 83% highest level in nearly in 24 years
Turkey’s inflation rate rose to its highest level in 24 years exceeding 83 percent last September a week after the…
Italy’s economy to shrink for 3 quarters – Treasury
Italy's economy may contract in the third quarter of the year and continue to contract over the next two quarters,…
Saudi Arabia’s sovereign wealth fund acquires 34% stake in Egypt’s B.TECH
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) has acquired a 34 percent stake in Egypt-based…
British pound climbs as government makes U-turn on tax cut plan
Britain's pound sterling rebounded although UK stocks opened weak on Monday, after the government said it was…
