EGP dips vs. USD at Thursday’s close – CBE
The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
Egypt industry: Gov. to support troubled factories with Ebda initiative
In a determined effort to bolster the industrial sector, the Deputy Prime Minister for Industrial Development has…
Egypt focuses on military production localisation – Cabinet
Egypt's Minister of State for Military Production stressed the importance of boosting local manufacturing and…
Housing for All Egyptians Initiative reach EGP 161b milestone – minister
Egypt's Housing Minister Sherif Sherbini announced that the direct cost of residential units under the Housing for…
China’s new house prices slump to new 9-year low
China’s new home prices continued their downward trend in July, falling at the fastest pace in nine years.
Bank of England allocates record £34.3b in short-term repo funds
The Bank of England (BoE) allocated a record £34.292 billion ($44.1 billion) in seven-day funds during its weekly…
EU’s coconut imports hit €146m in ’23
The European Union (EU) imported 105,104 tons of coconuts from countries outside the EU, valued at €146 million,…
Egyptian Food Bank to distribute millions of meals in Eid Wahda Initiative
The Egyptian Food Bank announced on Wednesday its participation in the Eid Wahda Initiative, a nationwide effort to…
Two bankers charged in $2.2b Singapore money laundering case
Two former bankers in Singapore were charged on Thursday for aiding a group of foreigners in laundering $2.2…
Egypt unveils national low-carbon hydrogen strategy
The Egyptian government announced on Thursday the launch of its national low-carbon hydrogen strategy as part of…
