Egypt’s two biggest banks, the state-owned National Bank of Egypt and Banque Misr stated they will be …
Tag:
Economy
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Asian stocks edged lower on Thursday as investor confidence seen earlier in the week wavered overnight amid …
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Asian markets advanced in late morning trade on Tuesday as investors digested comments from Chinese President Xi …
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Financial Institutions
Egypt to maintain customs exchange rate at 16 pounds per $1 for 6 month in a row
by Yomna Yasserby Yomna YasserEgypt has decided to maintain its current customs exchange rate of EGP 16 per $1, effective in …
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Egypt will offer shares in four to six companies in 2018, seeking to gain from 12 to …
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forex news
Oil prices rise on reduced US drilling activity, booming job market
by Yomna Yasserby Yomna YasserOil markets climbed on Monday on the back of a drop in the number of U.S. rigs …
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U.S. dollar fell against most currencies on Friday, dropping to its lowest in more than two years …
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Gold prices were unchanged near a more than two-week low early on Wednesday, as the dollar held …
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forex news
Dollar steadies but dogged by worries over deficits, inflation
by Yomna Yasserby Yomna YasserDollar prices inched higher versus a basket of major currencies on Tuesday, clinging above a three-year low …
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Industry & Trade
Now is the best time to invest in Egypt, says Saudi official
by Yomna Yasserby Yomna YasserThere is no more opportune time to invest in Egypt than the present time, said Saudi-Egyptian Business Council’s …