|
Business
-
Economy
7/31/2023 10:37:16 PM
Benchmark US crude oil for September delivery rose $1.22 to $81.80 a barrel Monday. Brent crude for September delivery rose 57 cents to $85.56 a barrel.
|
|
Business
-
Markets & Companies
7/31/2023 5:51:39 PM
The Egyptian Exchange indices have not moved considerably since yesterday. However, the market ended Monday on a positive note, with a marginal rise across the board. Meanwhile, gold remained at Sunday's levels.
|
|
Business
-
Markets & Companies
7/30/2023 4:24:13 PM
Egyptian stocks ended in the green territory on Sunday, and the benchmark was the best performer in the market. On the other hand, gold performed negatively, losing an average of EGP 10 per gram.
|
|
Business
-
Economy
7/27/2023 6:09:00 PM
The state-owned National Bank of Egypt (NBE) and Banque Misr announced issuing new three-year US-dollar certificates of deposits (CDs) with seven percent and nine percent yields to be paid quarterly or annually in US dollars or Egyptian pounds.
|
|
Business
-
Markets & Companies
7/27/2023 3:20:13 PM
The Egyptian Exchange indices ended on a mixed note on Thursday, while gold prices continued their recovery.
|
|
World
-
Region
7/27/2023 11:37:10 AM
Dozens of people protested in front of the Central Bank of Iraq in Baghdad and bank owners called for official action to stem a sharp increase in the dollar exchange rate Wednesday, after the United States blacklisted 14 Iraqi banks.
|
|
Business
-
Markets & Companies
7/26/2023 4:50:46 PM
The Egyptian Exchange (EGX) indices saw varied performance on Wednesday, with two indices jumping while the benchmark slipped. The market announced the discontinuation of EGX50 after eight years of trading. Gold prices increased marginally.
|
|
Business
-
Markets & Companies
7/25/2023 5:06:09 PM
The Egyptian Exchange suffered negative performance for the second day in a row on Tuesday, and the market cap lost EGP 5 billion. Gold prices inched lower.
|
|
Business
-
Economy
7/25/2023 2:20:39 PM
The state-owned National Bank of Egypt (NBE) and Banque Misr are each issuing two US dollar-denominated annual-yield certificates of deposit (CDs) with a maturity of three years, which will be available for purchase starting Wednesday.
|
|
Business
-
Markets & Companies
7/24/2023 11:05:15 PM
Benchmark US crude oil for September delivery rose $1.67 to $78.74 a barrel Monday. Brent crude for September delivery rose $1.67 to $82.74 a barrel.
|
|
Business
-
Economy
7/24/2023 4:50:23 PM
The Egyptian Exchange ended in the red territory on Monday, and the market cap lost EGP 4 billion. Gold prices increased slightly.
|
|
Business
-
Economy
7/19/2023 3:52:32 PM
All of the Egyptian Exchange indices ended in the green on Wednesday except for the benchmark. Gold is still hovering around June's levels.
|
|
Business
-
Markets & Companies
7/18/2023 5:14:33 PM
The Egyptian Exchange (EGX) index closed slightly higher on Tuesday while gold prices remained at yesterday's levels.
|
|
Business
-
Markets & Companies
7/17/2023 3:26:36 PM
Gold prices resume their declining trajectory on Monday, while the Egyptian stocks inched slightly higher on Monday after a flat trading at the beginning of the week.
|
|
Business
-
Markets & Companies
7/16/2023 4:00:58 PM
Gold prices in Egypt fell close to the average level reached in June, while the Egyptian Exchange's (EGX) indices remained almost unchanged from the previous session on Sunday.
|
|
Business
-
Economy
7/13/2023 7:02:37 PM
The International Monetary Fund (IMF) has welcomed recently steps by the Egyptian government to push forward the Initial Public Offering (IPO) Programme, boosting the private sector and tackling its dollar shortage.
|
|
Business
-
Economy
7/13/2023 6:08:31 PM
Despite a drop earlier in the week, the Egyptian Exchange (EGX) closed in positive territory on Thursday. TAQA Arabia was still the market's standout performer, despite a 20 percent tumble, as it remained significantly higher than its initial value of EGP 0.5. Meanwhile, gold prices saw a slight increase from their July levels.
|
|
Business
-
Markets & Companies
7/12/2023 10:49:53 PM
Benchmark US crude oil for August delivery rose 92 cents to $75.75 a barrel Wednesday. Brent crude for September delivery rose 71 cents to $80.11 a barrel.
|
|
Business
-
Economy
7/12/2023 1:06:37 PM
The value of the Syrian pound plunged Monday to nearly 10,000 against the dollar on the black market, websites monitoring the exchange rate said, following years of conflict and crippling sanctions.
|
|
Business
-
Markets & Companies
7/11/2023 10:54:58 PM
Benchmark US crude oil for August delivery rose $1.84 to $74.83 a barrel Tuesday. Brent crude for September delivery rose $1.71 to $79.40 a barrel.
|