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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Al-Ahram Weekly
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Opinion
7/15/2023 5:39:00 PM
Central banks worldwide use all kinds of policies to boost their currencies, with the Central Bank of Egypt being no exception.
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Business
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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.
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Business
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Economy
7/11/2023 7:09:12 PM
The Egyptian Exchange ended in the green territory on Tuesday. Gold prices didn't move much from last week's levels.
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Business
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Markets & Companies
7/9/2023 6:48:22 PM
The Egyptian Exchange's indices (EGX) sharply declined on Sunday, following the listing of local energy giant TAQA Arabia, whose stock value surged by 83.591 percent in the first session. Meanwhile, gold exhibited marginal signs of recovery.
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Business
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Markets & Companies
7/6/2023 6:04:57 PM
Gold prices continued their declining trajectory on Thursday, while the Egyptian Exchange ended in the red, with the market cap losing EGP 17 billion.
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Business
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Markets & Companies
6/26/2023 5:40:01 PM
Gold prices in Egypt nearly stabilized on Monday, while the Egyptian stocks recovered some of Sunday's loss at the end of the two-day trading week before Eid Al-Adha long holiday.
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Business
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Markets & Companies
6/25/2023 3:28:37 PM
Gold recovered some of its losses on Sunday. In contrast, the Egyptian Exchange ended in the red, with the benchmark shrinking by over 2 percent.
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Business
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Economy
6/7/2023 6:55:45 PM
Gold prices declined by 0.9 percent in May in North American currencies, but increased by a range between 0.1 and 5.8 percent in other global currencies, including the sterling and the Yuan, according to a report by World Gold Council that was released on Wednesday.
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Business
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Economy
5/31/2023 2:03:35 PM
Egypt's Minister of Planning and Economic Development, Hala El-Said, announced Tuesday in the Senate that the government aims to collect $83 billion in foreign currencies during FY 2023/24 through four streams, according to an official statement.
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Business
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Economy
5/17/2023 3:10:00 PM
Egypt has been considering importing wheat in exchange for foreign currencies other than the USD, including the Indian rupee and Chinese yuan, Minister of Supply and Internal Trade Ali Moselhi stated in April.
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Business
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Economy
4/30/2023 7:28:04 PM
Egypt is considering importing wheat in exchange for foreign currencies other than the US dollar, including the Indian rupee and Chinese yuan, Minister of Supply and Internal Trade Ali Moselhi reportedly said on Saturday.
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Business
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Markets & Companies
2/28/2023 11:48:26 PM
The Commercial International Bank (CIB) announced on Tuesday the issuing of new three-year-maturity savings Certificate of Deposits with a 5.25 percent annual yield in the currencies of three Arab Gulf countries - the Saudi Arabian riyal, the Qatari riyal and the United Arab Emirates's dirham.
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Business
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Economy
1/19/2023 3:20:34 PM
Russia's central bank has added nine currencies to its list of exchange rates against the ruble, including the Egyptian pound, starting 18 January.
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Business
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Economy
11/24/2022 12:49:39 PM
Egypt has witnessed stable exchange rates of the US dollar, EGP 24.5 on average, and a slight rise of the euro, recording EGP 25.6, on Thursday morning at major banks.
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Business
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Economy
10/26/2022 12:21:51 PM
Egypt has witnessed stable exchange rates of the US dollar and the Euro currencies at the beginning of Wednesday transactions at major banks.
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