Cairo – Mubasher: The red color dominated the Egyptian stock market indices at the end of trading today, Sunday, affected by the sales of Arabs and foreigners.. Egypt’s EGX30 main stock market index fell 3.13 percent during today’s session, closing at 9,763 points, and the similarly weighted EGX70 medium and small business index fell 6.76 … Read more
The world is changing, a deep recession is expected and central banks are reversing their monetary policies. As a result, the world’s currencies are going on a roller coaster where they haven’t been for years. What will it lead to? For a long time, currencies were almost unknown. Over the past fifteen years, global currencies … Read more
Live – Iman Ghaly: the state of Kuwait’s holding of US Treasury bonds in July 2022 reached the highest level since the previous February (5 months ago); This is according to a US Treasury statement last Friday. Kuwait’s holdings in US Treasuries last July amounted to $ 49.4 billion, up 6.24% from the same month’s … Read more
Let’s go back to the numbers. The US dollar index rose 15% in 2022, offset by gold’s -8.7% decline so far. If we assume that the strength of the dollar still has momentum at 116 points (a very important resistance it reached in 2000), that means a drop in gold of around 3%, and that … Read more
Introduced by “MicroStrategia” MicroStrategyArguably the biggest consumer of bitcoin, the US Securities and Exchange Commission issued a disclosure assertion regarding the sale of shares worthy of $ 500 million. In accordance to Bloomberg, the Class A shares will be sold via Coin & Co (Cowen & Co) and BTIG(BTIG LLC)According to a disclosure statement launched … Read more
Al-Marsad newspaper: The Egyptian organization “Capiter”, an e-commerce system specializing in the client merchandise sector, discussed that given that 6 September Mahmoud Noah and Ahmed Noah, the firm’s CEO and chief working officer, have been dismissed with a choice that takes outcome straight away, in opposition to the background of the collection of 33 loans. … Read more
European equities rose at shut of investing on Friday 9 September as traders go on to interact with a document hike in the fascination price from European Central. The European Central Bank lifted desire charges at its financial coverage conference on Thursday to 1.25%, the maximum stage in 11 years. At the stop of the … Read more
He has only been in the NHL overseas for a while and his season file is 58 points. Even so, German hockey player Tim Stützle has signed a monstrous 8-calendar year $ 66.8 million deal with Ottawa. Any person who has noticed matches in Ottawa or the German nationwide team ought to have recognized this. … Read more
We publish the price tag of the greenback versus the Egyptian pound at the start out of transactions in financial institutions functioning in Egypt currently, Thursday 8-9-2022, where by it registered with the Nationwide Lender of Egypt and Banque Misr 19.22 for the invest in, 19 , £ 28 for the sale, and in the … Read more
European equity indices rose at the stop of modern session amid investors’ careful assessment of the challenges of an financial downturn in the outdated continent. The Stoxx 600 index completed the session up .2%, despite the pressures on most sectors, with the exception of the retail sector, which recorded the very best performance with a … Read more