European shares up as BoE cuts interest rate
European stocks rose on Thursday after the Bank of England announced an interest rate cut.
Trump’s victory raises concerns for Wall Street’s China plans
More US financial firms may scale back operations in China, separate local units to reduce risks, or delay…
FRA: August financing hits EGP51.5b
The Egyptian Financial Regulatory Authority (FRA) reported that total financing from entities under its supervision…
URGENT: BoE cuts interest rate by 0.25 points
The Bank of England cut its interest rate by 0.25 percentage points to 4.75 per cent in its November 6 meeting,…
China’s c. bank offers 19.2b yuan off reverse repos
People’s Bank of China (PBC) announced on Thursday a seven-day 19.2 billion-yuan reverse repo at an interest rate…
China’s gold-buying hiatus extends to 6m
China's central bank maintained its gold reserves at 72.8 million troy ounces in October, marking the sixth…
Bitcoin hits record on Trump election win
Bitcoin surged to a record high of $76,475 on Wednesday before stabilising near $74,800 by Thursday morning in…
Egypt’s gold prices hike on Thursday
Egypt’s gold prices edged up on Thursday at 02:00 pm (12:00 GMT) compared to the previous day's value.
EGX closes in green on Nov 6
The Egyptian Exchange (EGX) closed in the green on Wednesday, with the main index, EGX30, rising by 0.82 percent to…
Egypt’s gold reserves rose to $11.154b in October – CBE
Egypt’s gold reserves, a key component of its international reserves, recorded $11.154 billion at the end of…