News Futures fall as U.S. dollar rises to one-month high Nada Ali Jan 16, 2024 0 The U.S. dollar strengthened after a one-month high as Treasury yields hiked and Asia equities fell after remarks…
Feature Yuan falls against dollar after PBOC holds rate Nada Ali Jan 15, 2024 0 China’s yuan fell on Monday to a one-month low of 7.1813 per dollar after the People’s Bank of China (PBOC) left…
The Watch Sunday’s transactions saw stable dollar exchange rate vs Egypt pound Aya Anwar Dec 31, 2023 0 The start of Sunday’s transactions saw the stabilization of the dollar exchange rate at the major Egyptian banks.
Feature Israel to lose billions of dollars due to Yemen port blockage Nada Ali Dec 13, 2023 0 In solidarity with Palestinians, Yemen Armed Forces said on Sunday that it will obstruct Israeli ships to travel…
Feature Egypt seeks unified dollar exchange rate in short term – PM Sama Mousa Nov 29, 2023 0 Egypt is seeking to unify a stable dollar exchange rate in the coming short term, Prime Minister Mostafa Madbouly…
The Watch Oil prices increase amid weak dollar, on hopes for OPEC+ output cuts Aya Anwar Nov 28, 2023 0 Oil prices increased on Tuesday amid a weak dollar, and expectation that OPEC+ group would extend output cuts.
The Watch Gold steady amid dollar decline, Fed halt bets Aya Anwar Nov 28, 2023 0 Gold stabilized after seeing a six-month high on Tuesday, trading at $2,013.29, while the Federal Reserve's…
Forex Gold reaches a two-week peak on a weaker dollar, Fed minutes are in focus Aya Anwar Nov 21, 2023 0 Gold prices increase amid a weaker dollar and lower Treasury yields as investors wait for the Federal Reserve’s…
Financial Institutions Egypt’s FRA launches dollar-based pension plan for expatriates Nada Ali Aug 15, 2023 0 Egypt’s Financial Regulatory Authority (FRA) launched on Tuesday the first pension plan in U.S. dollars for…
News Egypt seeks to sell train tickets in U.S. dollars for Arabs, foreigners Nada Ali Aug 14, 2023 0 Egypt is seeking to raise up to $40 million from selling train tickets to foreigners and Arabs in U.S. dollars…