Featured EGP stable against USD in early trade Aya El Sayed Aug 14, 2024 0 The Egyptian Pound (EGP) remained stable against the US Dollar (USD) as trading commenced on Tuesday, August 13,…
Featured UK inflation up 2.2% in year to July ’24 Aya El Sayed Aug 14, 2024 0 The UK's Consumer Prices Index (CPI) rose by 2.2 per cent in the 12 months to July 2024, up from 2.0 per cent in…
International News S. Korea’s jobless rate dips by 0.3% in July Nada Ali Aug 14, 2024 0 South Korea’s unemployment rate declined to 2.5 per cent in July, marking a decrease from the 2.8 per cent rate…
Featured Russian rouble real rate hits 1.8% in July Aya El Sayed Aug 14, 2024 0 The real effective exchange rate (REER) of the Russian rouble against the currencies of the country's main trade…
Featured World Bank issues $225m Amazon reforestation bond Aya El Sayed Aug 14, 2024 0 The World Bank has successfully priced a groundbreaking 9-year, $225 million Amazon Reforestation-Linked Bond,…
Stocks Asian stocks soar on softer US producer price data Nada Ali Aug 14, 2024 0 Asian shares climbed on Wednesday, buoyed by hopes of easing inflation pressures after the release of…
Banks N. Zealand unexpectedly cuts OCR to 5.25 Nada Ali Aug 14, 2024 0 The Reserve Bank of New Zealand (RBNZ) surprised markets on Wednesday by cutting its official cash rate (OCR) by 25…
Featured US stocks continue to rise midday as initial inflation data comes in cool Yomna Yasser Aug 13, 2024 0 US stocks continued surge during Tuesday’s midday E.T. closer to the record levels seen last July before a sharp…
Featured Egyptian voluntary carbon market closes 1st futures contract – FRA chief Yomna Yasser Aug 13, 2024 0 Egypt’s voluntary carbon market witnessed on Tuesday the conclusion of its inaugural futures contract, market…
Featured EU initiates anti-dumping probe into hot-rolled steel imports from 4 countries, including… Yomna Yasser Aug 13, 2024 0 The European Commission has recently issued a notice of initiation of an anti-dumping investigation into a number…