The Central Bank of Egypt (CBE) offered on Tuesday a fixed-rate deposits at 27.75 per cent for …
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News
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Egypt NewsFeatureNews
EU-funded projects in Egypt’s Dakahlia to eliminate illegal migration
by Aya El Sayedby Aya El SayedThe Egyptian Micro, Small, and Medium Enterprises Development Agency (MSMEDA) signed on Tuesday a new framework agreement …
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China’s economy delivered a stronger-than-expected performance in the first quarter of 2024, growing 5.3 per cent year-on-year.
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Egypt’s local 24-carat gold prices reached EGP 3,742.75 per gram for selling and EGP 3,714.25 for buying, …
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Egypt NewsFeatureIndustry & TradeNews
Egypt’s commodity exports rise by 5.3% in Q1
by Nada Aliby Nada AliEgypt’s commodity exports recorded a 5.3 per cent growth during the first quarter of 2024, reaching $9.612 …
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FeatureInternational NewsNews
Eurozone records yearly trade surplus spike in Feb
by Aya El Sayedby Aya El SayedThe trade surplus of the eurozone experienced a significant increase year-on-year in February, driven by a substantial …
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FeatureInternational NewsNews
German wholesale prices dip 3.0% in March ’24
by Aya El Sayedby Aya El SayedGerman wholesale selling prices were down by 3.0 per cent in March 2024 compared to the same …
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ArabFeatureInternational NewsNewsStocks
Gulf stocks subdued on US rate cut concerns
by Nada Aliby Nada AliStock markets across the Gulf opened cautiously on Tuesday, mirroring a broader Asian sell-off.
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FeatureInitiativesInternational NewsNews
EU pledges €3.5b for oceans, environment
by Aya El Sayedby Aya El SayedThe European Union (EU) is pledging to allocate €3.5 billion ($3.71 billion) this year for ocean protection …
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BanksEgypt NewsFeatureNews
Egypt annual inflation eases to 33.3% in March – CBE
by Nada Aliby Nada AliEgypt’s annual headline inflation fell to 33.3 per cent in March, down from 35.7 per cent the …