Egyptian-African trade volume jumps to $4.8 billion in 2016
Commercial ties between Egypt and African nations viewed an increase in 2016, while trade volume reached to almost…
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Exchange
Egyptian currency float boosts foreign investment: chairman
Foreign investors have bought a net 11 billion Egyptian pounds ($615.90 million) worth of shares since the country…
HC expects fall in US dollar to hit 15.72 Egyptian pounds at end-FY2017/18
HC Securities and Investment expected Tuesday that U.S. dollar's exchange rate will drop to 15.72 Egyptian pounds…
Egypt’s CBE obliges banks to not deal with over 7 exchange bureaus
The Central Bank of Egypt (CBE) issued directives to banks operating in the Egyptian market to not deal with more…
Stocks close lower as Wall Street braces for French election
U.S. stocks closed lower in choppy trade Friday as investors looked ahead to the French election. Wall Street also…
U.S. stocks close mostly flat despite Syria attack, mixed jobs report
Stocks closed flat Friday as investors parsed through a mixed employment report, a U.S. airstrike in Syria and…
Egypt Central Bank sees pound’s real exchange rate appreciating
Egypt’s improved competitiveness after November 3 floating of the currency is unlikely to be negatively affected by…
Egypt’s police kill 2 suspected drug-dealers in fire exchange near Badr City
Egypt's interior ministry said that police on Monday destroyed an extremely dangerous criminal and drug-dealing den…
Snap to price long-awaited IPO on Wednesday amid signs of brisk demand
Snap Inc, owner of popular messaging app Snapchat, will price its initial public offering after the U.S. stock…
Gold rises in 3 months on political, economic uncertainty
Gold on Wednesday held near three-month highs hit the session before, buoyed as political and economic uncertainty…
