The European Central Bank (ECB) plans to maintain a “floor” under market interest rates, with the decision …
reserve
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Moody’s Investors Service downgraded New York Community Bancorp’s (NYCB) credit rating to junk status, according to Bloomberg.
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The Central Bank of Egypt (CBE) said on Tuesday it is increasing the reserve requirement on deposits …
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The second tranche of the International Monetary Fund’s (IMF) loan to Egypt, $1.25 billion, has entered the …
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Industry & Trade
Egypt planning 200% surge in rice production, says Supply Ministry
by Yomna Yasserby Yomna YasserEgypt’s Minister of Supply and Internal Trading said that Egypt targets rising rice production by 200 percent …
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Gold prices edged up in a technical rebound on Monday after one-month highs hit last week were …
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Stocks overcame early weakness and the dollar and U.S. Treasury yields rallied on Friday after data showed …
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Egypt’s net foreign reserves rose to $24.265 billion at the end of December from $23.058 billion at …
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Egypt’s strategic reserve of sugar is safe and sufficient until next May, Spokesman of Supply Ministry, Ibrahim …
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Gold prices rose on Thursday, as the U.S. dollar slipped against a basket of currencies, but gains …