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…
Tech/AI 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…
Money 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…
Stocks 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…
Industry & Trade Russia mulls to sell wheat for Egypt using rubles instead of dollars Nada Ali Feb 1, 2023 0 Russia is considering selling wheat to Egypt in exchange for Russian rubles in lieu of the U.S. dollar, Russian…
Banks Egypt’s NBE, Banque Misr deactivate 25% yield certificates Nada Ali Jan 31, 2023 0 Egypt's two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have announced on Tuesday the…