CBE
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Forex
The dollar is heading towards broad weekly gains amid a gap in global interest rates
The dollar index rose for the second week in a row, jumping 0.8% to 104.21 On Friday, the dollar is…
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Forex
Houthis exchange accusations of wasting $40 billion
An internal report monitored the paths of plundering public funds and collections during the years of the coup The Mohammed…
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Gold
‘Safe haven’ funds are actually losing you money – here’s how to fix it
Defensive ‘wealth preservation’ funds are falling along with the rest of the stock market Can defensive funds protect your money…
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Forex
CBE: EGP 283.3bn net profits for banks in Egyptian market in 2023
Banks operating within the Egyptian market saw their net profits soar to EGP 283.388bn in 2023, a significant increase from…
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Forex
’Banking sector engages in second phase of presidential initiative ‘Decent Life
In a concerted effort to support the state’s strategy for Sustainable Development Goals (SDGs) and in sync with Egypt’s Vision…
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Gold
floats pound: Local gold prices soar amid confusion after CBE raises interest rates
The local gold market experienced a sharp rise in prices and a state of confusion on Wednesday, following the decision…
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