URGENT: Egypt welcomes Armenia-Azerbaijan peace agreement
Egypt has welcomed the successful conclusion of peace negotiations between Armenia and Azerbaijan, expressing…
Oil up on Tuesday
Oil prices surged more than 1 per cent on Tuesday, reaching their highest levels since the start of the month, as…
HSBC raises China GDP growth outlook for 2025, 2026
HSBC revised its economic outlook for China on Tuesday, raising its GDP growth forecast for 2025 to 4.8 per cent…
EGX closes in green area on March 18
The Egyptian Exchange (EGX) closed in positive territory on Tuesday, with its benchmark EGX30 index gaining 0.48…
Egyptian pound gains vs. US Dollar on March 18 close
The Egyptian pound (EGP) appreciated against the US dollar (USD) on Tuesday, March 18, 2025, according to data from…
Gold prices surge as investors seek safe-haven assets
Gold prices soared to an all-time high above $3,000 per ounce on Tuesday as investors turned to the safe-haven…
Moody’s foresees compromise in S. Africa’s budget stalemate
Ratings agency Moody's anticipates that South Africa’s coalition government will reach a compromise to approve the…
Egypt’s executed investments rise 5.8% YoY in FY 2023/24 – minister
Egypt’s total executed investments for the 2023/24 fiscal year rose 5.8 per cent year-on-year to 1.626 trillion…
Germany’s economic sentiment surges in March ’25
Germany's economic sentiment improved sharply in March, with the ZEW Indicator of Economic Sentiment rising 25.6…
Indian rupee hits 3-week high on weaker dollar
The Indian rupee surged to its highest level in more than three weeks on Tuesday, supported by expected dollar…