EU pledges €3.5b for oceans, environment
The European Union (EU) is pledging to allocate €3.5 billion ($3.71 billion) this year for ocean protection and…
European banks seek ‘strategic’ status
European banks are urging the European Union (EU) to classify them as a strategic sector, warning that their…
Oil surges on Tuesday’s opening
Oil surged on Tuesday as China's economy outpaced expectations and tensions escalated in the Middle East.
Egypt annual inflation eases to 33.3% in March – CBE
Egypt’s annual headline inflation fell to 33.3 per cent in March, down from 35.7 per cent the previous month,
EGP nudges up against USD in Tuesday’s early trade
The Egyptian Pound (EGP) saw a minor increase against the US Dollar (USD) in early market activity on Tuesday,…
Gold closer to record high as geopolitical tensions escalate
Gold prices edged higher on Tuesday, hovering near last week's record high, as escalating tensions between Iran and…
Asian markets drop on global jitters
Asian stocks plunged on Tuesday tracking the ongoing geopolitical tensions in the Middle East.
World Bank updates Egypt’s FY24, FY25 growth forecasts
Egypt’s economic growth is expected at 2.8 per cent in the 2024 financial year - which runs from July 2023 to June…
China’s Q1 growth expected to slow – poll
China's economic growth is projected to reach 4.6 per cent in the first quarter of 2024, marking a decline from 5.2…
EGX closes in green area on April 15th after Eid holidays
Egypt’s stock market (EGX) closed green on Monday. The main index, EGX30 climbed by 3.90 per cent, to 29,616.47…
