Latest news with #StockExchange
See - Sada Elbalad
5 hours ago
- Business
- See - Sada Elbalad
Central Bank: Remittances from Egyptians Abroad Jump to $32.8 Billion in 11 Months
Amir Hagag The Central Bank of Egypt (CBE) stated that remittances from Egyptians working abroad achieved a significant surge in the period from July to May of the 2024/25 fiscal year, increasing by 69.6% to approximately $32.8 billion (compared to approximately $19.4 billion during the same period the previous year). The period from January to May 2025 also witnessed a 59% year-on-year increase in remittances, reaching approximately $15.8 billion (compared to approximately $9.9 billion). On a monthly basis, remittances in May 2025 increased by 24.2% year-on-year to approximately $3.4 billion (compared to approximately $2.7 billion). These are historic flows that have never occurred in May of any year. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks
Globe and Mail
a day ago
- Business
- Globe and Mail
Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montreal Exchange Closed for Civic Holiday
Toronto, Ontario--(Newsfile Corp. - July 22, 2025) - Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange will be closed on Monday, August 4, 2025 for the Civic Holiday. The Exchanges will re-open and resume regular trading on Tuesday, August 5, 2025. About TMX Group (TSX:X) TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx, TMX Vett aFi and TMX Newsfile, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit Follow TMX Group on X: @TMXGroup.
See - Sada Elbalad
2 days ago
- Business
- See - Sada Elbalad
Turkish Amb. Highlights New Investment in Egypt's Textile Sector
Ahmed Emam Turkish Ambassador to Egypt, H.E. Salih Mutlu Şen, announced a new Turkish investment in Egypt's growing textile sector, emphasizing the deepening economic ties between the two nations. In a post on social media platform X, Ambassador Şen stated: 'We discussed the investment environment and opportunities in the country with Haluk Ceylan, the owner of Emaks, which decided to invest in textile accessories (buttons) in Egypt.' The investment by Emaks, a company specializing in textile accessories, particularly buttons, reflects increasing confidence among Turkish businesses in Egypt's industrial potential. The move also aligns with Egypt's broader strategy to attract foreign direct investment (FDI) into its manufacturing and textile industries. Ambassador Şen's remarks come amid a wave of renewed cooperation between Ankara and Cairo, as both countries continue to rebuild economic and diplomatic relations. In January, a number of Turkish firms announced that they are planning to pump new investments of not less than $300 million in Egypt during 2025, particularly in the textile sector. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Sports Get to Know 2025 WWE Evolution Results News Flights suspended at Port Sudan Airport after Drone Attacks
See - Sada Elbalad
3 days ago
- Business
- See - Sada Elbalad
CBE Announces Bank Holiday for 23rd July Revolution Anniversary
Taarek Refaat The Central Bank of Egypt (CBE) has announced that all banks operating in the country will be closed on Thursday, July 23, in observance of Egypt's 23rd July Revolution anniversary. The bank confirmed in an official statement today that business operations will resume on Sunday, July 27. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Arts & Culture "Jurassic World Rebirth" Gets Streaming Date Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Sports Get to Know 2025 WWE Evolution Results News Flights suspended at Port Sudan Airport after Drone Attacks
See - Sada Elbalad
15-07-2025
- Business
- See - Sada Elbalad
Al-Mudaifer: Egypt Poised to Become a Global Gold Hub, Regional Cooperation Offers Promising Prospects
Waleed Farouk Khaled Al-Mudaifer, Saudi Arabia's Vice Minister of Industry and Mineral Resources, affirmed that Egypt possesses immense natural potential that qualifies it to become one of the most promising mining regions in the world, particularly in terms of its gold reserves and other mineral resources. He noted that Egypt's gold sector is still in its early stages, but holds significant potential for growth and development in the coming years. Al-Mudaifer also highlighted the strategic importance of the Arabian-Nubian Shield as one of the region's most promising geological formations. He emphasized the strong geological similarities between Saudi Arabia and Egypt, which could pave the way for major future mineral discoveries. He further pointed to genuine opportunities for enhancing regional cooperation between Egypt, Saudi Arabia, and Jordan in the mining sector, which would support the integrated development and optimal utilization of mineral resources across the region. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
