EGP falls against USD at Wednesday’s close – CBE
The Egyptian pound (EGP) dropped against the US dollar (USD) on Wednesday, April 9, 2025, according to data from…
PM: Macron’s visit marks new chapter for Egypt-France economic collaboration
Egyptian Prime Minister Moustafa Madbouly said on Wednesday that French President Emmanuel Macron’s recent visit to…
Egypt to issue $2-b Sukuk in ’25 – FinMin
Egypt plans to issue $2 billion in Islamic bonds (sukuk) in 2025 through multiple offerings, Finance Minister Ahmed…
Gold prices in Egypt – April 9, 2025
Gold prices in Egypt saw an uptick on Wednesday, April 9, 2025, as of 14:42 pm CLT (12:42 GMT), according to data…
US Treasury Secretary calls China’s trade escalation unfortunate
US Treasury Secretary Scott Bessent criticised China’s decision to impose 84 per cent retaliatory tariffs on…
ECB’s Rehn: Risks, inflation outlook support rate cut
Downside risks have intensified since March, strengthening the case for a rate cut at the European Central Bank's…
Global tariff tensions could hit UK hard, BoE warns
The Bank of England (BoE) warned on Wednesday that risks to the global economy and financial markets have…
Oil prices plunge to 4-year lows on Wed
Oil prices plunged to four-year lows on Wednesday, with Brent crude falling $4.02, or 6.40 per cent, to $58.80 a…
Egypt assessing global tariff fallout, sees reforms shielding economy – c. banker
Egypt is evaluating the potential impact of newly imposed global tariffs on trade flows and the Suez Canal but…
Egypt’s SCZone breaks ground on $58-m Chinese projects
Egypt’s Suez Canal Economic Zone (SCZone) witnessed on Wednesday the groundbreaking for two new Chinese industrial…