Egyptian Pound (EGP) News Monitoring

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Published on May 7, 2025

Egypt’s foreign reserves rise to US$48.144 billion by the end of April: CBE

The Central Bank of Egypt (CBE) announced that the country’s net foreign exchange reserves rose to approximately US$48.144 billion by the end of April. According to data published on CBE’s website on Tuesday, Egypt’s foreign exchange reserves rose by …

Source: Egypt Independent - Pro-Government
Published on May 7, 2025

Egypt’s Foreign Reserves Continue Upward Trend Reaching $48.14 Billion in April

CAIRO - 7 May 2025: Egypt’s net international reserves (NIRs) rose to $48.14 billion by the end of April 2025, according to the latest figures published by the Central Bank of Egypt (CBE). This marks a continued increase from $47.757 billion recorded at …

Source: Egypt Today - Gov't Propaganda
Published on May 7, 2025

Egypt lawyers appeal 2016 Red Sea boundary deal with Saudi

A protest against approval of a maritime border agreement that transfers the sovereignty over two Red Sea islands, Tiran and Sanafir to Saudi Arabia, in front of the headquarters of the Journalists' Union in Cairo, Egypt on 13 June 2017. [Getty] Dozens …

Source: The New Arab - Indeterminate
Published on May 6, 2025

Understanding Egypt’s Approach to Hot Money and Economic Stability

For years, foreign capital has poured into Egypt in waves, lured by high interest rates and government bonds promising quick returns. Foreign capital, often dubbed “hot money,” has become a double-edged sword in Egypt’s economic playbook, as the country …

Source: Egyptian Streets - Center-left
Published on May 6, 2025

Egypt current account deficit narrows as remittances soar

CAIRO: Egypt's current account deficit narrowed to $5.17 billion in the last quarter of 2024 from $6.82 billion a year earlier as surging remittances from Egyptians working abroad counterbalanced a sharply wider trade deficit, central bank figures …

Source: Zawya - Indeterminate
Published on May 5, 2025

Egypt's net foreign assets jump in March after IMF review approval

Egypt's net foreign assets jumped by $4.9 billion in March, central bank data showed, apparently boosted by the approval of the fourth review of the country's IMF programme. Net foreign assets climbed to the equivalent of $15.08 billion from $10.18 …

Source: Zawya - Indeterminate
Published on May 3, 2025

The tiny country home to world's strongest currency - better than pound, euro and dollar

The Middle East is home to many fascinating countries that attract tourists in their millions. Last year, a whopping 95 million visitors descended on the region, seeking new horizons and experiences.Saudi Arabia was the most popular Middle Eastern …

Source: Daily Express - Right-wing
Published on May 2, 2025

Trump vs. the Dollar

For decades now, America has dominated the global financial system. Our currency is the currency that international trade runs on. Our financial plumbing is the plumbing that basically everybody, to some degree or another, uses. This has been called our “ …

Source: The New York Times - Neutral

05 days 02:50:47

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Published on May 7, 2025 - 20:06 GMT

Linamar Delivers Earnings Growth and Continued Free Cash Flow in Challenging Market

GUELPH, Ontario, May 07, 2025 (GLOBE NEWSWIRE) -- (TSX: LNR) Strong Quarterly Financial Performance Normalized Operating Earnings1 up 3.4%; Normalized Operating Margins up to 10.0%; Normalized Diluted Earnings per Share1 up 6.6%; and Normalized Net Margins …

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Published on May 7, 2025 - 20:30 GMT

GXO Reports First Quarter 2025 Results

Increased first quarter revenue 21% year over year, to $3 billion, with organic revenue growth of 3% Grew sales pipeline to three-year high of $2.5 billion, excluding Wincanton Repurchased 2.8 million shares Reaffirmed full-year 2025 organic revenue growth …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...

Published on May 7, 2025 - 20:05 GMT

Crane NXT Reports First Quarter 2025 Results

Completes Acquisition of De La Rue Authentication, a Global Leader in Security and Authentication Technologies Increases Sales Growth Guidance to 6% to 8% for Full Year 2025; Maintaining Full Year EPS Guidance of $4.00 to $4.30 WALTHAM, Mass., May 07, 2025 …

Distribution channels: Business & Economy, Technology ...
Published on May 7, 2025 - 20:50 GMT

The Herzfeld Caribbean Basin Fund, Inc. Announces Special Meeting of Stockholders to be Held on June 17, 2025

MIAMI BEACH, Fla., May 07, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund has filed preliminary proxy materials (“Proxy Materials”) with the U.S. Securities and Exchange Commission …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...

Published on May 7, 2025 - 20:40 GMT

StoneX Group Inc. Reports Fiscal 2025 Second Quarter Financial Results

Quarterly Net Operating Revenues of $487.3 million, up 15% Quarterly Net Income of $71.7 million, ROE of 15.7% Quarterly Diluted EPS of $1.41 per share, up 29% NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (the “Company”; NASDAQ: SNEX), a …

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Published on May 7, 2025 - 20:30 GMT

Mercado Libre builds on 2024 momentum with strong Q1 2025 results, reporting $5.9 billion revenue and $494 million net ...

Montevideo, Uruguay. May 7, 2025, May 07, 2025 (GLOBE NEWSWIRE) -- Unique buyers in commerce reached almost 67 million in the first quarter, with new buyers sustaining the highest level of growth since early 2021, and fintech monthly active users crossed …

Distribution channels: Business & Economy, Retail ...
Published on May 7, 2025 - 20:15 GMT

Coherent Corp. Reports Third Quarter Fiscal 2025 Results

Q3 REVENUE OF $1.50B, INCREASED 24% Y/Y Q3 GAAP GROSS MARGIN OF 35.2%, INCREASED 491 bps Y/Y; Q3 NON-GAAP GROSS MARGIN OF 38.5%, INCREASED 490 bps Y/Y Q3 GAAP EPS OF $(0.11), IMPROVED $0.18 Y/Y; Q3 NON-GAAP EPS OF $0.91, IMPROVED $0.53 Y/Y SAXONBURG, Pa., …

Distribution channels: Business & Economy, Electronics Industry ...
Published on May 7, 2025 - 20:15 GMT

Greenlight Re Announces First Quarter 2025 Financial Results

Net Income Expands to $29.6 million Despite California Wildfire Losses, Leading to Fully Diluted Book Value Per Share Growth of 5.1% GRAND CAYMAN, Cayman Islands, May 07, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” …

Distribution channels: Business & Economy, Insurance Industry ...

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Published on May 8, 2025 - 01:00 GMT

Solidion Technology, Inc. Announces Plans for Reverse Stock Split of its Common Stock

DALLAS, TX, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Solidion Technology, Inc. (Nasdaq: STI) (the “Company”), a global leader in ultrahigh energy density batteries, today announced that it will implement a 1-for-50 reverse stock split ( …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 7, 2025 - 23:48 GMT

Concierge Auctions Announces $200M Lineup for Live Global Sales in Londonvvvv

Top properties from around the world to auction live over the course of two days at the firm’s most anticipated auction events this year NEW YORK, NY, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Featuring a selection of top luxury properties from …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 22:40 GMT

President Trump’s First 100 Days Are Now In The Past: What Investors Should Watch For Next

Mark Miller, RFC®, CEO of Hilton Tax & Wealth Advisors, weighs in on market losses during Trump’s second term and the signals investors should watch for. ATLANTA, GA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- As President Donald Trump …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 22:22 GMT

New Book Empowers Minority Entrepreneurs with Fortune 500 Sales Strategies

MEMPHIS, TN, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- In a bold response to the rollback of DEI initiatives and the persistent revenue gap facing minority-owned businesses, business strategist and former Fortune 500 consultant Greg …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on May 7, 2025 - 22:17 GMT

Veripath is pleased to announce the acquisition of two parcels of farmland in Alberta

CALGARY, ALBERTA, CANADA, May 7, 2025 /⁨EINPresswire.com⁩/ -- Veripath is pleased to announce the acquisition of two additional farmland parcels in Alberta, further strengthening its presence in the region. These acquisitions increase the total …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on May 7, 2025 - 22:08 GMT

Singlepane Launches First-Ever Comprehensive Asset Management Platform Built Exclusively for Hotel Owners

Singlepane today announces the launch of its groundbreaking asset management software for hotel owners - an industry first. PROVIDENCE, RI, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Singlepane (www.singlepaneapp.com), a pioneer in …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 7, 2025 - 21:00 GMT

BurjX Secures In-Principle Approval from ADGM’s Financial Services Regulatory Authority

Igniting a New Era for Crypto in MENA with Professional-Grade Trading and Bank-Grade Security ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- The future of crypto in MENA is taking shape. BurjX, a UAE-based digital …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 20:57 GMT

Blockchain Futurist Conference Returns to Toronto with Industry-Leading Sponsors and Activations

Taking place during Canada Crypto Week, the 7th annual event features top sponsors, interactive experiences, and bold ideas shaping tomorrow’s tech. TORONTO, ONTARIO, CANADA, May 8, 2025 /⁨EINPresswire.com⁩/ -- The 7th Annual Blockchain Futurist …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 20:53 GMT

MMEC 2025 Kicks Off with Strategic Partnerships, Presidential Vision, and Bold Energy Commitments

MAPUTO, MOZAMBIQUE, May 7, 2025 /⁨EINPresswire.com⁩/ -- The 11th edition of the Mozambique Mining and Energy Conference (MMEC 2025) officially began today in Maputo, setting the stage for transformative dialogue, cross-sector partnerships, and a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 20:51 GMT

Visa and Whish Money Announce a Strategic Alliance Set to Revolutionize Digital Payments and Financial Services

A strategic alliance to enhance digital payments and financial services across the region and beyond. BEIRUT , BEIRUT , LEBANON, May 7, 2025 /⁨EINPresswire.com⁩/ -- Visa, a global payments technology leader, and Whish Money SAL, a leading regional …

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Published on May 7, 2025 - 20:50 GMT

Krishnan Suthanthiran, President/Founder TeamBest Global, to Host Major Press Conference in New Delhi on May 17, 2025

Announcing New Initiatives in Health, Innovation, and Global Indian Engagement WASHINGTON, DC, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Dr. Krishnan Suthanthiran, President and Founder of TeamBest Global Companies and the Best Cure …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 20:40 GMT

From Big Tech to Big Leases: Former Microsoft Engineer Brings Precision Analytics to Apartment Marketing

Why apartment marketing is finally getting the algorithm it deserves. EASTSOUND, WA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- After more than a decade building systems at Microsoft and helping pioneer early video conferencing protocols …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 7, 2025 - 19:58 GMT

Introducing LAYRON: The AI-Powered Platform Transforming Real Estate Investment

ZURICH, SWITZERLAND, May 7, 2025 /⁨EINPresswire.com⁩/ -- In a market where timing, precision, and insight define success, Layer Finance has introduced LAYRON, a groundbreaking AI-powered platform that’s poised to revolutionize the way real estate …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 19:10 GMT

JENNA WILLIAMS SELECTED TO BE FEATURED IN IAOTP’S TOP 50 FEARLESS LEADERS PUBLICATION

Jenna Williams will be honored at the International Association of Top Professionals (IAOTP) annual awards gala in Las Vegas NEW YORK, NY, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Jenna Williams, VP, Commercial Loan Officer & Relationship …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on May 7, 2025 - 18:49 GMT

Black Unicorn Factory Sets U.S. Record as Largest Black-Owned Venture Capital Firm, using Alternative Funding

Black Unicorn Factory redefines venture capital with SEC-compliant non-cash investments. LOS ANGELES, CA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Black Unicorn Factory (BUF), a Los Angeles-based venture catalyst, has achieved a historic …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 7, 2025 - 18:48 GMT

Advisor Financing Joins The Wealth Engineering Expert Sourcing Consortium

Lake Mary, FL, May 7, 2025 – Wealth Engineering Family of Companies is pleased to announce its inclusion of Advisor Financing, as an exclusive core component LAKE MARY, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- The Wealth Engineering …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 18:32 GMT

Teqtivity Identifies IT Asset Management as Essential Cost Control Measure Amid Economic Concerns

Strategic approach to IT spending helps organizations thrive, not just survive, during economic downturns CERRITOS, CA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- As organizations brace for economic uncertainty and rising global tensions, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 18:20 GMT

Trayecto Joins The Wealth Engineering Expert Sourcing Consortium

The Wealth Engineering Family of Companies is pleased to announce the inclusion of Trayecto as an exclusive core component of its Expert Sourcing Consortium. LAKE MARY, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- The Wealth Engineering …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 18:13 GMT

Eastern European Web3 Technology Company SourceLess Gains Attention Amid Speculation of Unicorn Potential

Whispers in the Financial Sector Suggest a Potential Powerhouse Technology Unicorn Emerging from Eastern Europe. DELAWARE, DE, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- In recent months, SourceLess Inc., a Delaware-based Web3 technology …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 7, 2025 - 18:00 GMT

The Role of Tax Network USA Complaints in Preventing Future IRS Problems

Tax Network USA tracks IRS activity changes as “complaints” to adjust strategies early and reduce future compliance risks. LOS ANGELES, CA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- At Tax Network USA, internal complaint tracking plays a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...