Gold prices up amid Fed rate cut expectations
Gold prices edged up on Wednesday as market participants awaited more US economic data to determine the number of…
Egypt secures 50k tons of sunflower oil
Egypt's General Authority for Supply Commodities has signed a contract to import 50,000 tons of crude sunflower…
BOJ policymaker warns against premature rate hikes
Bank of Japan (BOJ) should gradually increase interest rates to avoid premature hikes, according to its policymaker…
JPMorgan Chase plans African expansion
JPMorgan Chase, the largest US lender, is planning to enter Kenya and Ivory Coast this year as part of its strategy…
EGP flat vs. USD in early trade
The Egyptian pound (EGP) saw no change against the US dollar (USD) as trading began on Wednesday, October 16, 2024.
NZ’s inflation eases in Q3 ’24
New Zealand's CPI rose 0.6 per cent in third quarter 2024 compared to the previous quarter, with annual inflation…
Asian stocks slide on chip woes
Asian equities dropped on Wednesday due to disappointing earnings from ASML, Europe's largest tech firm, which…
Israel’s inflation slightly falls to 3.5% in Sept
Israel's annual inflation rate dipped to 3.5 per cent in September, compared to a 10-month high of 3.6 per cent in…
Egypt, Saudi Arabia sign deal to protect mutual investments
Egyptian President Abdel Fattah al-Sisi and Saudi Crown Prince Mohammed bin Salman witnessed on Tuesday the signing…
Egypt’s exports to Saudi Arabia surge 29.4% in first 8 months of 2024
Egypt’s exports to Saudi Arabia reported a 29.4 per cent year-on-year rise to $2.2 billion in the first eight…