News

30 Jun 2024

The dollar ends the week at 48 in Egypt, and the net assets deficit ends... with positive expectations.

Data released by the Central Bank of Egypt today revealed that the net foreign assets in the banking sector shifted from a deficit to a surplus for the first time since January 2022. The surplus reached 14.3 billion dollars at the end of May, compared to a deficit of 3.64 billion dollars in April, marking the first time since the economic crisis in February 2022.

Latest News

#News 12 Sep 2025
Oil prices jump about 2% amid risks to Russian production

محت أسعار النفط خسائرها خلال تعاملات الجمعة وتحولت للارتفاع بحوالي 2%، مع تجدد المخاوف بشأن إمدادات...

Read More
#News 12 Sep 2025
Bitcoin surpasses $116,000 amid expectations of a US interest rate cut

Cryptocurrency prices rose during Friday trading as markets assessed the outlook for future US monet...

Read More
#News 12 Sep 2025
China is preparing to accelerate crude oil storage through 2026, according to Goldman Sachs

China is expected to accelerate its crude oil stockpiling this year and through 2026 as Beijing take...

Read More
#News 12 Sep 2025
The UK economy stalled in July

The UK economy stagnated in July, recording zero growth, as consumers and businesses faced pressure...

Read More
arrow
واتس آب