Asian stocks hike on concerns about US rate cuts
Asian shares were subdued on Monday as investors awaited the US Federal Reserve's decision on rate cuts.
Oil retreats from 5-m peak on Monday’s opening
Oil retreated from a five-month peak following Israel's announcement of troop withdrawal from Gaza, with traders…
Gold prices hit record amid Middle East tensions
Gold prices continued their record-breaking rally on Monday, driven by speculative buying and ongoing tensions in…
EGP opens Monday with a minor uptick vs. USD
The Egyptian Pound (EGP) saw a minor increase against the US Dollar (USD) at the start of the market on Monday,…
Egypt stocks close mixed on April 7th
Egypt’s stock market (EGX) closed mixed on Sunday. The main index, EGX30 dropped by 1.24 per cent, to 28,151.66…
Egypt eyes initial surplus of 3.5% in ’27 – minister
Egypt is targeting a substantial initial surplus of 3.5 per cent of GDP by the end of June 2027, said Minister of…
EGP edges down against USD in Sunday trading
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
China’s investment in Australia drops in ’23
Chinese investment in Australia dropped significantly in 2023, reaching the second-lowest level in 18 years.
Egypt delivers free medical care for 3.3m people in ’22
Egypt provided free-of-charge medical care for over 3.3 million people in 2022, at a total cost of 14.4 billion…
Egypt’s food exports surge by 260k tons in a week – NFSA
Egypt’s export activities reached 5.000 food consignments recorded for export and imports, totalling approximately…
