Egypt’s CBE issues fixed-rate EGP 150b deposits
The Central Bank of Egypt (CBE) offered on Tuesday a fixed-rate deposits at 27.75 per cent for seven days.
EU-funded projects in Egypt’s Dakahlia to eliminate illegal migration
The Egyptian Micro, Small, and Medium Enterprises Development Agency (MSMEDA) signed on Tuesday a new framework…
Zimbabwe hopes new ZiG currency to stabilise market
The Zimbabwean government introduced a new currency, ZiG, backed by gold reserves and foreign currency to address…
China posts solid Q1 growth at 5.3%
China's economy delivered a stronger-than-expected performance in the first quarter of 2024, growing 5.3 per cent…
Egypt’s gold prices drop on April 16
Egypt’s local 24-carat gold prices reached EGP 3,742.75 per gram for selling and EGP 3,714.25 for buying, on…
Egypt’s commodity exports rise by 5.3% in Q1
Egypt’s commodity exports recorded a 5.3 per cent growth during the first quarter of 2024, reaching $9.612 billion…
Eurozone records yearly trade surplus spike in Feb
The trade surplus of the eurozone experienced a significant increase year-on-year in February, driven by a…
US House passes Iran-China crude sanctions
The US House of Representatives overwhelmingly passed a bill on Monday targeting China's acquisition of Iranian…
German wholesale prices dip 3.0% in March ’24
German wholesale selling prices were down by 3.0 per cent in March 2024 compared to the same month in the previous…
Gulf stocks subdued on US rate cut concerns
Stock markets across the Gulf opened cautiously on Tuesday, mirroring a broader Asian sell-off.
