Crédit Agricole to buy 60 million shares in Egypt unit – Bloomberg
French bank Crédit Agricole plans to purchase 60 million shares of its unit in Egypt at 6.23 or 7 Egyptian pounds…
Gold prices in Egypt on September 7
Gold prices in Egypt declined on Wednesday as the global prices of the yellow metal registered $1,716.80.
Gold prices rise as weaker bond yields deflect rampant dollar
Gold prices rose on Wednesday, as a rally in U.S bond yields stopped.
Bitcoin falls to lowest level since June
Bitcoin prices fell and traded below $19,000 on Wednesday to reach their lowest levels since June as traders…
Egypt’s GB Auto board approves unit stake sale talks with UAE’s Chimera
Egyptian car assembler and distributor Ghabbour Auto (GB Auto) said on Wednesday that its board approved to…
Egypt’s net foreign reserves at $33.141 billion in August
Egypt’s net foreign reserves slightly fell to $33.141 billion at the end of August from $33.143 billion at the end…
ECB sees a jumbo rate hike to curb recession in tomorrow’s meeting
The European Central Bank (ECB) is expected to frontload a series of jumbo rate hikes and sacrifice growth in the…
Germany to keep two nuclear plants available, burn coal as backup to face energy crisis
Lawmakers in Germany announced on Monday that they are going to burn coal and keep two nuclear power plants…
European stock markets down as recession fears mount
European stock markets were lower at mid-morning on Wednesday as investors continued to dwell on the recessionary…
EBRD strongly supports Egypt’s NWFE Programme for COP27 – president
European Bank for Reconstruction and Development (EBRD) strongly supports and backs Egypt’s Nexus on Water, Food…
