National Bank of Egypt changes interest rates on savings accounts
The National Bank of Egypt (NBE) has divided interest payments on savings accounts into five tiers on the basis of…
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interest rates
BREAKING: Egypt’s central bank holds interest rates as expected
Egypt’s central bank kept interest rates unchanged as expected on Thursday, following sharp increases in fuel and…
Gold prices fall as Fed signals two more rate raises
Gold prices inched lower on Thursday as the Federal Reserve forecast two more U.S. rate increases this year after…
Asian markets fall after Fed signals more hikes ahead; Kospi leads losses
Asian markets slipped on Thursday after the Federal Reserve raised interest rates, a widely expected move, and…
Wall Street surges 300 points to close above 25,000
Wall Street rose on Wednesday as bank shares rallied on higher interest rates, while Boeing inched up.
European shares open in green after US stocks surge
European shares open higher Thursday, boosted by a rally in U.S. stocks on Wednesday and as new governments get to…
Gold inches up, market eyes US-China trade talks, Fed minutes
Gold rose on Wednesday amid a steady dollar and uncertainty over the outcome of U.S.-China trade talks, while…
US stocks fall about 200 points, snap 8-day winning streak after interest rates rise
U.S. stocks dropped sharply on Tuesday after Home Depot reported quarterly sales that fell short of Wall Street's…
Stocks in Europe seen mixed as US bond yields rise
Markets in Europe are set for a mixed open Wednesday as investors monitor surging interest rates in the bond…
Dollar prices hover near highs in four months
Dollar prices hovered near a four-month high on Tuesday, backed by rising Treasury yields and broadly strong U.S.…