Feature Egypt pays $3.5bln international bond dues in Q1 of 2023 – minister Nada Ali May 18, 2023 0 Egypt paid $3.5 billion in international bond dues during the first quarter of this year, Finance Minister Mohamed…
forex news Turkish lira falls at record low near 19 against dollar Nada Ali Mar 9, 2023 0 Turkey's lira weakened on Thursday to a new record low of 18.9620 against the dollar, as investors weigh the…
Industry & Trade Egypt’s gold, precious stones exports hit $1.633bln in 2022 Sanaa Allam Mar 8, 2023 0 Egypt’s gold exports grew by 45 percent reach $1.633 billion in 2022 compared to $1,126 billion in 2021, according…
Investment Russian oil exports to India erode decades-old dollar dominance Nada Ali Mar 8, 2023 0 U.S. sanctions on Russia have begun to diminish the dollar's decades-old dominance of international oil trade as…
Business Egypt’s pound weakens to EGP 30.83 to dollar at midday Amwal Al Ghad English Mar 7, 2023 0 Egypt’s pound currency fell to EGP 30.78 for buying and EGP 30.83 for selling at some banks during midday trade on…
International News Japan’s tourism stirs hope of service-sector recovery Sama Mousa Mar 7, 2023 0 Japan’s services sector activity posted a small expansion in September after the demand recovery due to declining…
Banks Egypt’s gold reserves record $7.372bln in February – central bank mohamed Hamdy Mar 6, 2023 0 Egypt’s gold reserves, a major component of foreign cash reserves reached $7.372 billion at the end of February,…
News Iranian Rial records new low against U.S. dollar Yassmine Elbehnaihy Feb 26, 2023 0 Iranian Rial hits a new recorded low against the U.S. dollar on Saturday, despite central bank attempts to reduce…
Money Markets Turkey’s lira hits record low after massive earthquake Nada Ali Feb 7, 2023 0 Turkey’s Lira hit a new record low on Monday early trade as the exchange rate fell to 18,85 against the dollar,…
Life Style Nike, Tiffany & Co team up to release luxury sneaker Nada Ali Feb 1, 2023 0 Sportswear brand Nike and luxury jewellery brand Tiffany & Co. announced on Tuesday a collaboration on several…