Egypt’s ENR seeks to secure EGP6 bln before year-end: sources
State-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this year…
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U.S. dollar
Egypt approves second batch of $500mln Samurai bonds
Egypt has approved issuing a second batch of $500 million yen-denominated Samurai bonds with a five-year tenor by…
Gold prices ease on stronger dollar awaiting US Fed decision on interest
Gold prices decreased on Monday as U.S. dollar rose, and investors positioned for a series of major central bank…
Bank of Canada keeps interest rates at 4.50 percent
The Bank of Canada (BoC) has kept interest rates stable at 4.50 percent, but continues with its tightening policy,…
Egypt’s gold prices fall on Tuesday
Gold prices in Egypt continued to decrease on Tuesday. This comes contrary to previous weeks when prices have…
Turkish lira falls at record low near 19 against dollar
Turkey's lira weakened on Thursday to a new record low of 18.9620 against the dollar, as investors weigh the…
Russian oil exports to India erode decades-old dollar dominance
U.S. sanctions on Russia have begun to diminish the dollar's decades-old dominance of international oil trade as…
Japan’s tourism stirs hope of service-sector recovery
Japan’s services sector activity posted a small expansion in September after the demand recovery due to declining…
Egypt’s gold reserves record $7.372bln in February – central bank
Egypt’s gold reserves, a major component of foreign cash reserves reached $7.372 billion at the end of February,…
Egypt raises fuel prices by 7-10% per litre
Egypt raised the price of gasoline in the local market by 0.75 to one Egyptian pound per litre effective on…
