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…
Featured Egypt to announce new fuel prices 2023 within few days Nada Ali Jan 9, 2023 0 Egypt's Fuel Automatic Pricing Committee will announce the new fuel prices for 2023 within a few days, taking into…
Money Egypt’s pound nears EGP 27 against dollar in 7 banks Yomna Yasser Jan 5, 2023 0 Egypt’s pound currency fell to EGP 26.80 for buying and EGP 26.85 for selling against the U.S. dollar during midday…
Money Egypt’s pound surpasses EGP 25 level against dollar in some banks Yomna Yasser Jan 4, 2023 0 Egypt’s pound currency dropped to exceed the EGP 25 level against the U.S. dollar during the morning trade at banks…