Featured Egypt temporarily halts expats land allocation in foreign currency Aya El Sayed Jun 2, 2024 0 Egypt's New Urban Communities Authority (NUCA) will suspend land allocations in foreign currency from abroad…
Featured Egypt’s c. bank issues EGP60b t-bills Aya Anwar May 26, 2024 0 The Central Bank of Egypt (CBE) issued 60 billion Egyptian pounds treasury bills for a of 91 and 273 days, in…
Featured UK wage growth exceeds expectations, signals cooling Aya Anwar May 14, 2024 0 British wage growth surpassed expectations according to data released on Tuesday, but other indicators hinted at a…
Featured Turkish Lira dips to record low post-election Aya El Sayed Apr 1, 2024 0 The Turkish lira fell to a record low of 32.4328 per dollar, a 0.2 per cent drop, following a surprising defeat for…
Featured Swiss firms seek central bank support amid strong franc Aya El Sayed Mar 18, 2024 0 Swiss industries are calling on the country’s central bank to shift its focus from combating inflation to…
Money Egypt in talks to allow barter trade with Russia, Turkey, African countries Aya Anwar Nov 12, 2023 0 Egypt is considering implementing trade exchange operations with Russia, Turkey, and some African countries through…
Money Banque du Caire launches central security unit Sama Mousa Sep 14, 2023 0 Banque du Caire launched a central security control unit to monitor operations at its branches, said an emailed…
Banks China’s lending rates keep unchanged for 6th months in row Yassmine Elbehnaihy Feb 21, 2023 0 China keeps benchmark lending rates unchanged for the sixth month this February, as the one-year loan prime rate…
Money Egypt’s net foreign reserves rise to $38.3 bln in July – CBE Amwal Al Ghad English Aug 6, 2020 0 Egypt’s net foreign reserves increased slightly to $38.315 billion in July from $38.202 biilion in June, the…
Money Egypt’s annual core inflation declines to 1% in June: CBE Ahmed Ali Jul 11, 2020 0 The annual core inflation rate reached 1 percent in June, down from 1.5 percent in May last year, the Central Bank…