Gold pices surge on Fed rate cut
Gold prices increased in early trading at 6:22 GMT on Thursday, after the US Federal Reserve delivered a…
Fed rate cut boosts Asian markets on Thursday
Asian stocks mostly rose on Thursday amid optimism from a significant interest rate cut by the Federal Reserve.
Egypt’s c. bank auctions EGP 55b in T-bills
The Central Bank of Egypt (CBE) is offering 55 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
EGP wavers vs. USD in early trade
The Egyptian pound (EGP) experienced fluctuations against the US dollar (USD) as trading began on Thursday,…
Rate cut is a ‘recalibration’ of US Fed policy – Powell
US Federal Reserve Chair Jerome Powell described the latest rate cut as a “recalibration” of the central bank’s…
US Federal Reserve releases economic projections, ‘dot plot’
The US Federal Reserve released on Wednesday its latest economic projections following the Federal Open Market…
URGENT: Fed cuts rates by a half point, first time in 4 years
The US Federal Reserve today announced on Wednesday a significant reduction in interest rates for the first time in…
Beko braces to export 60% from Egypt industrial complex
Turkish electronics giant Beko has established its first industrial complex in Egypt with a remarkable production…
PM inaugurates Beko’s 1st industrial complex in Egypt
Egyptian Prime Minister Moustafa Madbouly on Wednesday inaugurated Beko’s first industrial complex in Egypt.
EBRD names Mark Davis as new managing director for SEMED region
The European Bank for Reconstruction and Development (EBRD) announced on Wednesday that it had appointed Mark Davis…
