Oil prices hold gains buoyed by Chinese trade data
Oil prices remained steady on Thursday, buoyed by positive Chinese trade data and a smaller-than-expected increase…
Japanese yen surges to highest level in month
Japanese yen surged to its highest level in a month, as Japanese bank stocks rose following upbeat wage data.
China’s exports jump 7.1% in Jan-Feb
China's exports were up 7.1 per cent year-on-year, surpassing expectations, while imports also grew by 3.5 per…
Asian stocks edge higher as investors await rate cuts
Asian stocks rose on Thursday as investors anticipated rate cuts from the Federal Reserve, while the yen…
Egypt’s AAIB raises limits of intl. credit card transactions
Egypt’s Arab African International Bank (AAIB) announced the increase in limits of all credit card transactions…
Egypt’s banking system is solid, resilient: CBE deputy governor ElKholy
The Central Bank of Egypt (CBE) is working around the clock to ensure the soundness and stability of the banking…
CBE has no exchange rate target, focuses on inflation fight – Hassan Abdalla
Egypt’s central bank has no intention to keep the exchange rates at a certain level as number one priority right…
IMF board to meet on Egypt loan deal before March-end
The International Monetary Fund's executive board is expected to meet before the end of March to approve the…
Georgieva: IMF-Egypt deal ‘significant step’
International Monetary Fund Managing Director Kristalina Georgieva said in a tweet on Wednesday the staff-level…
China’s BYD starts building manufacturing complex in Brazil
Chinese electric vehicle company BYD has started building a manufacturing complex in Brazil, with plans to begin…
