EGP 115b for Egypt’s 2nd phase of health insurance system
Egypt is set to launch the second phase of its Comprehensive Health Insurance System in the next fiscal year,…
BOJ’s Ueda emphasises FX rate consideration in economic outlook
Bank of Japan (BOJ) Governor Kazuo Ueda emphasised the importance of considering foreign exchange-rate movements…
Egypt’s CBE auctions EGP 52b in T-bills
The Central Bank of Egypt (CBE) is offering 52 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
EGP swings vs. USD in early Thursday trade
The Egyptian pound (EGP) showed volatility against the US dollar (USD) in early trading on Wednesday, November 20,…
China’s c. bank issues 470.1b yuan off reverse repo
People’s Bank of China (PBC) announced a seven-day 470.1 billion-yuan reverse repo on Thursday at an interest rate…
Gold prices surge amid geopolitical tensions
Gold prices increased for the fourth consecutive day on Thursday due to safe-haven demand amid rising tensions in…
Asian stocks drop as Nvidia disappoints investors
Asian stocks dropped on Thursday as Nvidia reported slower revenue growth and disappointing investors.
IMF concludes 4th review in Egypt, applauds reform progress amid external pressures
An International Monetary Fund (IMF) mission, led by Ivanna Vladkova Hollar, concluded its visit to Egypt on…
EBRD unveils $21.3m loan for wind farm expansion in Egypt
The European Bank for Reconstruction and Development (EBRD) announced a $21.3 million concessional loan to expand a…
Masdar-led consortium to develop 1.2 GW solar power projects in Egypt
State-run Egyptian Electricity Transmission Company (EETC) signed on Wednesday two landmark agreements with a…
