Sunday market opens with EGP steady against USD
The value of the Egyptian pound against the US dollar remained unchanged from the previous day at the market open…
China’s manufacturing activity rise in March – survey
China's manufacturing activity expanded in March for the first time in six months, as the PMI rose to 50.8 from…
Ten humble wishes for Egypt’s next presidential term
We are just hours away from the Parliament's extraordinary session, where President Abdel Fattah El Sisi will take…
URGENT: IMF board approves expanded $8 billion loan deal
The International Monetary Fund’s (IMF) executive board has approved the the augmentation of the current loan…
China’s import volumes for diesel up
China’s import volumes for diesel/gasoil and jet fuel/kerosene stay prominent, while Singapore's middle distillates…
EGX closes all red on March 28
Egypt’s stock exchange (EGX) closed all red on Thursday, with the main index, EGX30 sliding by 2.36 per cent to…
Tesla faces headwinds due to price cuts
Tesla is expected to report slow first-quarter deliveries next week due to reduced price cuts and increased…
USD takes a slight leap against EGP – CBE
The Central Bank of Egypt (CBE) noted a minor increase in the average exchange rates of the US dollar against the…
S. Africa’s producer price inflation down to 4.5% in Feb
South Africa’s annual producer price inflation for final manufacturing stood at 4.5 per cent in February 2024.
Foreign companies face $107b losses from Russian exit
Foreign companies incurred losses exceeding $107 billion due to writedowns and lost revenue, following the…
