Egypt's manufacturing and extractive industries index (excluding crude oil and petroleum products) showed a slight drop of 0.6 to 116.16 in February from 116.76 in January, the Central Agency for Public Mobilisation and Statistics (CAPMAS) reported (...)
Egypt's gold prices increased on Tuesday, April 29, 2025, as of 1:23 pm CLT (10:23 GMT), compared to prices recorded on Monday, April 28, 2025, according to an electronic gold price platform.
Metal April 29 (EGP) April 28 (EGP) Change Change (...)
Egypt's central bank governor met with a senior Chinese delegation in Cairo on Tuesday as the two countries look to deepen economic and financial collaboration under China's Belt and Road Initiative.
Hassan Abdalla, Governor of the Central Bank of (...)
POSCO Holdings Inc. raised $700 million in a two-tranche green bond offering that drew robust investor demand, the South Korean steelmaker said Tuesday.
The issuance included $400 million in five-year notes and $300 million in 10-year notes, with (...)
Egypt's Minister of Social Solidarity, Maya Morsy, will participate in the Societies of Opportunities 2025 Conference in Singapore, set for April 29-30, where she will address Egypt's social protection efforts, the Egyptian Cabinet said on (...)
Egypt's Minister of Investment Hassan El-Khatib met on Tuesday with Mohammad Al-Tuwaijri, Secretary General of the Egypt-Saudi Coordination Council, as the two nations look to strengthen economic integration and unlock new opportunities for (...)
Trade between Indonesia and Pakistan has increased by 7.92 per cent in the last five years, with palm oil, textiles, machinery, and pharmaceuticals being key items on the trading list, according to Indonesia's Ministry of Trade.
"I am confident that (...)
Moroccan Competition Council Chairman Ahmed Rahhou emphasised the need for Arab countries, particularly Morocco and Egypt, to share experiences due to similar challenges faced by their competition authorities.
Speaking during the first session of (...)
South Korea's LG Group has reaffirmed its commitment to Indonesia with plans to inject an additional $1.7 billion into a battery cell factory, raising the project's total investment to $2.8 billion, according to Indonesia's Investment Minister on (...)
Egypt's Pharmaceutical Cosmetics & Medical Supplies Chamber's Chairman Gamal El-Leithy emphasised on Monday the need to enhance the Egyptian Competition Authority's (ECA) role in the pharmaceutical sector.
Speaking during the third session of the (...)
Trade between Egypt and Australia recorded $494 million in 2024, down from $558 million a year earlier, according to recent figures from Egypt's state statistics agency CAPMAS.
Egyptian exports to Australia rose to $50 million from $45 million in (...)
Asia-Pacific markets rose on Tuesday following Wall Street's positive performance. President Trump's administration's plan to reduce auto tariffs and company earnings reports were key factors influencing investor sentiment.
Mainland China's CSI 300 (...)
The Egyptian Drug Authority's (EDA) Chairman Ali El-Ghamrawy met with a Bayer delegation to discuss collaboration in the Presidential Initiative for the Development of the Egyptian Family and local pharmaceutical manufacturing and (...)
South Korea's SK Telecom Company shares dropped 8.5 per cent on Monday to their lowest level since August last year due to a recent cyberattack that led to a customer data leak.
The company stated that it would accept full responsibility for any (...)
Asia-Pacific markets ended Monday on a mixed note as investors assessed China's latest efforts to support domestic businesses and tracked developments in trade discussions between the US and regional economies.
Mainland China's CSI 300 index slipped (...)
Egypt's Finance Minister Ahmed Kouchouk emphasised the ministry's new pledge to the tax community: "Trust, Partnership, and Support" for all taxpayers, old and new, ensuring certainty, as per an official statement on Monday.
Kouchouk stated on his (...)
The Central Bank of Egypt (CBE) is auctioning on Monday 3 billion Egyptian pounds worth of fixed coupon treasury bonds (T-bonds), in coordination with the Ministry of Finance. The two-year bonds will mature on April 01, 2027.
A coupon is an annual (...)
Egypt's Minister of Manpower Mohamed Gobran declared that Thursday, May 1, 2025, will be a paid holiday for private sector workers under the Labour Law, in celebration of Labour Day, as per a Cabinet statement on Monday.
Attribution: Amwal Al Ghad (...)
Singapore's unemployment rate rose 2.9 per cent in the first quarter of 2025 compared to 2.8 in December 2024, according to official figures published by the Ministry of Manpower on Monday.
Attribution: Amwal Al Ghad English
Subediting: M. S. (...)
The Central Bank of Egypt (CBE) announced on Monday the issuance of 1.5 billion Egyptian pounds worth of floating-rate note (FRN) treasury bonds.
The interest rate on these five-year bonds will be calculated based on a formula: Coupon = {(Benchmark (...)
Egypt's Finance Minister Ahmed Kouchouk emphasised the importance of competitive neutrality and increased competition in fiscal policies to support the private sector, an official statement said on Monday. He explained that enhancing the competitive (...)
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 65 billion Egyptian pounds in treasury bills (T-bills) on Monday.
The auction is in two tranches: 91-day T-bills worth 30 billion pounds to mature on (...)
Egypt's Minister of Health and Population Khaled Abdel Ghaffar met with representatives from the German firm Bayer to explore opportunities for collaboration in the areas of reproductive health, as per a Cabinet statement.
Abdel Ghaffar highlighted (...)
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is auctioning on Monday dollar-denominated treasury bills worth $950 million, according to a CBE statement on its website.
The T-bills will have a maturity of 364 days, (...)
The Egyptian Competition Authority (ECA) head Mahmoud Momtaz said on Monday that the authority has gained strong state support, reflecting the government's commitment to competitive neutrality and market protection.
In his keynote speech at the (...)