Commodities Gold holds above $5,000 on Tuesday Aya Anwar Feb 10, 2026 0 Gold slipped 0.7 per cent to $5,030.80 per ounce on Tuesday, remaining above the $5,000 mark as investors awaited…
Commodities Gold, silver extend gains on Monday, Aya Anwar Feb 9, 2026 0 Gold and silver extended gains on Monday, with spot gold trading above the $ 5,000-per-ounce mark as a weaker US…
The Watch Commodities tumble on Thursday Aya Anwar Feb 5, 2026 0 Commodity prices tumbled on Thursday, led by a near 15 per cent plunge in silver. At the same time, gold, crude…
Commodities Gold, silver prices rise on Tuesday Aya Anwar Jan 27, 2026 0 Gold rose on Tuesday as geopolitical uncertainty supported safe-haven demand, while silver surged by 8 per cent to…
Stocks Asian markets advance Monday Aya Anwar Jan 5, 2026 0 Asian stocks advanced on Monday, led by AI-related shares at the start of the first full trading week of the year,…
Commodities Gold, silver rise on Tuesday Aya Anwar Dec 23, 2025 0 Gold and silver surged to record highs on Tuesday as a weaker dollar and ongoing geopolitical tensions drove demand…
Stocks Global stocks mostly up on Thursday Aya Anwar Dec 4, 2025 0 Global stocks steadied on Thursday as Japanese shares led gains across Asia following a strong government bond…
Commodities Gold prices rise on Wednesday Aya Anwar Nov 5, 2025 0 Gold prices rose on Wednesday as bargain hunters returned after the metal’s sharp decline in the previous session,…
Commodities Oil prices slip on Wednesday Aya Anwar Nov 5, 2025 0 Oil prices slipped on Wednesday amid a broader market selloff and a stronger U.S. dollar, as investors weighed…
Stocks Asian stocks slide on Tuesday Aya Anwar Nov 4, 2025 0 Asian stocks retreated on Tuesday as investors booked profits following weeks of tech-driven rallies, while…
Stocks Asian stocks rise on Wednesday Aya Anwar Oct 29, 2025 0 Asian stocks rose on Wednesday, tracking Wall Street’s rally driven by renewed optimism over artificial…
Commodities Gold prices edge lower on Thursday Aya Anwar Oct 23, 2025 0 Gold prices slipped on Thursday as a stronger dollar pressured the metal, with investors awaiting key US inflation…
Commodities Gold prices fall on Tuesday Aya Anwar Oct 21, 2025 0 Gold prices fell on Tuesday as a stronger dollar and profit-taking weighed on the metal after it hit a record high…
Banks Zambia central bank hikes rates to 12.5% Nada Ali Feb 14, 2024 0 Zambia's central bank has raised its benchmark lending rate by 150 basis points to 12.5 per cent, for the fifth…
News UK inflation holds steady at 4.0% in Jan. Nada Ali Feb 14, 2024 0 British inflation remained at 4.0 per cent in January, defying expectations of an increase, lower than economists’…
Africa News S. Africa’s rand strong ahead of upcoming retail data Aya Anwar Feb 14, 2024 0 S. Africa's rand strengthened early on Wednesday preceding December retail sales data, after falling more than 1…
Africa News S. African rand steady in early trading Nada Ali Feb 13, 2024 0 The South African rand remained stable in early trading on Tuesday at 18.90 against the U.S. dollar, compared to…
Stocks Chinese stocks hold gains, Japan’s Nikkei up Nada Ali Feb 8, 2024 0 Chinese stocks managed to maintain their weekly gains on Thursday as Beijing implemented a series of measures to…
Featured China’s foreign reserves fall to $3.219 tln in Jan. Nada Ali Feb 7, 2024 0 China's foreign exchange reserves decreased by $18.66 billion to $3.219 trillion in January, slightly less than the…
Featured Jeweller Pandora eyes organic revenue growth of 6-9% in ’24 Nada Ali Feb 7, 2024 0 Pandora, the world's largest jewellery maker, is targeting organic revenue growth of 6-9 per cent in 2024, citing…
Africa News Nigeria devalues currency for 2nd time Aya Anwar Feb 1, 2024 0 Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
Banks Nigeria’s naira falls to record low vs U.S. dollar Aya Anwar Jan 29, 2024 0 Nigeria's naira fell to as low as 1,421 against the dollar on the official market on Friday, according to FMDQ…
Featured China’s public offering fund value reaches $3.88 tln Nada Ali Jan 28, 2024 0 China's public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said the state…
News China’s major banks move to support yuan Nada Ali Jan 22, 2024 0 China's major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the…
News Futures fall as U.S. dollar rises to one-month high Nada Ali Jan 16, 2024 0 The U.S. dollar strengthened after a one-month high as Treasury yields hiked and Asia equities fell after remarks…
Banks Egypt’s net foreign reserves rise to $35.173 bln in November – CBE Nada Ali Dec 7, 2023 0 Egypt’s net foreign reserves increased by $72 million in November to reach $35.173 billion, up from $35.102 billion…
Banks Egypt’s ENR seeks to secure EGP6 bln before year-end: sources Nada Ali Oct 3, 2023 0 State-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this year…
Egypt News Egypt approves second batch of $500mln Samurai bonds Nada Ali Aug 31, 2023 0 Egypt has approved issuing a second batch of $500 million yen-denominated Samurai bonds with a five-year tenor by…
Forex Gold prices ease on stronger dollar awaiting US Fed decision on interest Nada Ali Jun 12, 2023 0 Gold prices decreased on Monday as U.S. dollar rose, and investors positioned for a series of major central bank…
Banks Bank of Canada keeps interest rates at 4.50 percent Yassmine Elbehnaihy Apr 13, 2023 0 The Bank of Canada (BoC) has kept interest rates stable at 4.50 percent, but continues with its tightening policy,…
Egypt News Egypt’s gold prices fall on Tuesday Norhan Adel Apr 11, 2023 0 Gold prices in Egypt continued to decrease on Tuesday. This comes contrary to previous weeks when prices have…
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…
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…
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,…
Egypt News Egypt raises fuel prices by 7-10% per litre Nada Ali Mar 2, 2023 0 Egypt raised the price of gasoline in the local market by 0.75 to one Egyptian pound per litre effective on…
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…
News Türkiye resorts on $7bln reserve to keep Lira steady Yassmine Elbehnaihy Feb 23, 2023 0 Turkish central bank resorts to $7 billion worth of reserves during the past two weeks, in a way to stabilize the…
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,…
Featured Russia adopts Egyptian pound instead of U.S. dollar Nada Ali Jan 26, 2023 0 The Russian Central Bank has added the Egyptian pound into the Russian exchange rate list, to increases reliance on…