EGP stable against USD in early Wednesday trade
The Egyptian pound (EGP) held steady against the US dollar (USD) in early trading on Wednesday, March 12, 2025.
Egypt, IEA discuss energy cooperation
Egypt's Minister of Petroleum and Mineral Resources Karim Badawi held a bilateral meeting with Fatih Birol,…
Egypt advances healthcare with 1,245 projects in 10 years
Egypt has completed 1,245 healthcare infrastructure projects and is in the process of finishing the remaining ones,…
URGENT: IMF board approves $1.3b resilience, sustainability facility for Egypt
The Executive Board of the International Monetary Fund approved Egypt's request for financial assistance under the…
Egypt’s CBE withdraws EGP 531.9b in open market operation
The Central Bank of Egypt (CBE) successfully conducted an open market operation (OMO) on Tuesday, withdrawing …
Trump announces 50% tariff on Canadian metals, threatens further trade actions
US President Donald Trump announced on Tuesday that he will double tariffs on all steel and aluminum imports from…
Egypt launches new initiative to attract expat investment in agriculture
Egypt unveiled on Tuesday a new initiative to encourage its citizens living abroad to invest in the nation's…
Sterling gains as US recession fears weigh on dollar
Sterling rose 0.4 per cent to $1.2931 on Tuesday as concerns over a US recession pushed investors away from the…
Gold prices gain as market eyes US inflation data
Gold prices increased on Tuesday due to safe-haven demand amid trade war worries affecting market sentiment, with…
EGP rises vs. dollar at Tuesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…