Federal Reserve

Will the CBE raise interest rate on Thursday?
Business

Will the CBE raise interest rate on Thursday?

Whether the Central Bank of Egypt will raise the interest rate in Egypt during ts Thursday meeting is a question…
Gold prices continue to decline on Wednesday morning
Business

Gold prices continue to decline on Wednesday morning

Gold prices continued to decline at the beginning of trading on Wednesday morning, after recent successive increases. The decline was…
US dollar climbs to its highest level in 20 years
Economy

US dollar climbs to its highest level in 20 years

The US dollar rose to a 20-year high on Monday as a combination of rising US Treasury yields and closures…
Car prices expected to rise up to 20% by end of 2022
Egypt

Car prices expected to rise up to 20% by end of 2022

Emerging economies including Egypt were affected by the Federal Reserve‚Äôs decision to raise interest rates last week by 0.5 percent,…
U.S. weekly jobless claims rise less than expected; layoffs at lowest since 1993
World

U.S. weekly jobless claims rise less than expected; layoffs at lowest since 1993

WASHINGTON, Dec 2 (Reuters) – The number of Americans filing new claims for unemployment benefits increased less than expected last…
World feels sting of US Federal Reserve
Economy

World feels sting of US Federal Reserve

JAKARTA/BUENOS AIRES/WASHINGTON (Reuters) – When the US Federal Reserve kept lifting interest rates this year, a world away in Jakarta…
Gold prices up by LE7 per gram, 21 carats at LE618
Business

Gold prices up by LE7 per gram, 21 carats at LE618

Gold prices rose in the local market during trading on Wednesday by about LE7, boosted by rising global markets as…
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