economy
Egypt’s foreign currency reserves up to US$40.0625 billion in December
Business
January 17, 2021
Egypt’s foreign currency reserves up to US$40.0625 billion in December
The Central Bank of Egypt’s (CBE) net international foreign currency reserves bumped up slightly by the end of last December,…
Biden unveils $1.9T plan to stem COVID-19 and steady economy
World
January 15, 2021
Biden unveils $1.9T plan to stem COVID-19 and steady economy
WILMINGTON, Del. (AP) — President-elect Joe Biden has unveiled a $1.9 trillion coronavirus plan to end “a crisis of deep…
Gold prices decline in Egyptian market by LE3 on Thursday
Egypt
January 14, 2021
Gold prices decline in Egyptian market by LE3 on Thursday
Gold prices declined in Egypt on Thursday, with the price of 21-karat (the market’s highest selling gold) falling by LE3…
Once again, job losses fall unequally across the US economy
World
January 10, 2021
Once again, job losses fall unequally across the US economy
WASHINGTON (AP) — Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses —…
Brent oil rises to highest since February after Saudi Arabia output cut
Middle East
January 6, 2021
Brent oil rises to highest since February after Saudi Arabia output cut
TOKYO (Reuters) – Brent oil prices rose on Wednesday to the highest since February after Saudi Arabia agreed to make…
Gold prices stabilize at LE842 for 21-Karat gold
Business
January 5, 2021
Gold prices stabilize at LE842 for 21-Karat gold
Gold prices in Egypt stabilized to record LE842 for 21-karat gold, amid expectations that the prices will vary on Tuesday’s…
OPEC, allies adjourn meeting over oil production levels
Middle East
January 5, 2021
OPEC, allies adjourn meeting over oil production levels
FRANKFURT, Germany (AP) — Members of the OPEC oil cartel and allied countries including Russia on Monday adjourned a meeting…
African free trade bloc opens for business, but challenges remain
World
January 1, 2021
African free trade bloc opens for business, but challenges remain
JOHANNESBURG (Reuters) – African countries began officially trading under a new continent-wide free trade area on Friday, after months of…
Trump returns to White House early, offers year-end message
World
January 1, 2021
Trump returns to White House early, offers year-end message
WASHINGTON (AP) — President Donald Trump delivered a year-end video message Thursday after returning early from vacation, highlighting his administration’s…
Gold prices decline in Egyptian market with 21-karat at LE 817
Business
December 27, 2020
Gold prices decline in Egyptian market with 21-karat at LE 817
Gold prices declined in Egypt on Sunday with the price of 21-karat (the market’s highest selling gold) falling by three…