Egyptian Market Reacts to Decline of Dollar in the Black Market, Impact on Public and Private Companies

Egyptian Market Reacts to Decline of Dollar in the Black Market, Impact on Public and Private Companies

Written by Abdel Halim Salem Thursday, February 8, 2024 01:00 AM Economic sources and sources in the public business sector revealed that the continued decline Dollar In the black market, it reflects positively on public business sector companies, and in fact, not only on public business sector companies, but on all companies operating in the … Read more

Egyptian Economy Shows Signs of Recovery with Significant Fall in Dollar Price

Egyptian Economy Shows Signs of Recovery with Significant Fall in Dollar Price

Written by Iman Ali Wednesday, February 7, 2024 12:00 AM Dr. Mustafa Abu Zaid, Director of the Egypt Center for Economic and Strategic Studies, considered that Fall in the price of the dollar In the parallel market during the past hours, it confirms the fragility of that market, which depends on speculation, and the ability … Read more

Egyptian Artist Ahmed Saad Announces “From Himself” Initiative to Help Economy: Donates $50,000

Egyptian Artist Ahmed Saad Announces “From Himself” Initiative to Help Economy: Donates ,000

Dubai United Arab Emirates (CNN) – Users of social media platforms interacted with the announcement by the Egyptian artist, Ahmed Saad, of a new initiative “From Himself” to contribute to helping the Egyptian economy recover in light of the crisis it is going through. Ahmed Saad said in a video he posted on his pages … Read more

Gold Prices Fall as Dollar and US Treasury Bond Yields Rise After Strong US Non-Farm Payrolls Report

Gold Prices Fall as Dollar and US Treasury Bond Yields Rise After Strong US Non-Farm Payrolls Report

Gold prices fell on Friday as the dollar and US Treasury bond yields rose after a strong US non-farm payrolls report, which created uncertainty about when the central bank would start cutting interest rates. Gold in spot transactions fell 0.9 percent to $2,035.59 per ounce. But prices rose 0.6 percent within a week and settled … Read more