Topic

Egypt Economy

Egypt’s Suez Canal offers 15% discount for big container ships to win back trade

Published 13 May, 2025 04:45pm

CAIRO: Egypt’s Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least...

Egyptian inflation climbs to 13.9% in April

Published 10 May, 2025 01:04pm

CAIRO: Egypt’s annual urban consumer price inflation accelerated to 13.9% in April from 13.6% in March, matching...

Egypt approves $91bn budget for 2025/26

Published 30 Mar, 2025 07:03am

CAIRO: Egypt’s cabinet approved a 4.6 trillion Egyptian pound ($91 billion) draft state budget for the financial...

Egypt raises fuel prices as part of IMF-backed reforms

Published 26 Jul, 2024 07:37am

CAIRO: Egypt announced Thursday a 15-percent increase in petrol prices, part of a reform package requested by the...

IMF approves $820mn as part of Egypt bailout

Updated 30 Mar, 2024 08:26pm

WASHINGTON: The International Monetary Fund (IMF) announced the immediate disbursement of $820 million to the...

Egypt becomes latest host of FIFA’s new friendly series

Published 18 Mar, 2024 07:48pm

CAIRO: Egypt became the fifth country to be selected as host of a new series of friendly games introduced by FIFA to...

World Bank group to provide Egypt with $6bn over three years

Published 18 Mar, 2024 07:45pm

CAIRO: The World Bank Group said on Monday it intends to provide more than $6 billion of support over the coming...

Sisi heads to Saudi Arabia amid financial pressure, regional realignment

Published 03 Apr, 2023 07:45am

CAIRO: Egyptian President Abdel Fattah al-Sisi is travelling to Saudi Arabia on Sunday, according to three ...

Cash-strapped Egypt sells state assets to Gulf nations

Published 16 Feb, 2023 06:53am

Egypt, sapped dry of dollars despite a $3 billion International Monetary Fund bailout loan, is seeking to boost its...

Egypt’s Suez Canal nets $8bn in new annual record

Published 30 Jan, 2023 06:33am

CAIRO: Egypt’s Suez Canal Authority announced Wednesday an all-time annual revenue record, earning $8 billion in...

Egypt’s soaring prices drive home economic pain

Published 23 Jan, 2023 07:31am

CAIRO: In better times, Om Mohamed’s family used to take holidays at resorts on Egypt’s Red Sea coast. Now there...

Egypt dims lights to boost foreign reserves

Published 29 Aug, 2022 05:44am

An economic crisis spurred by the Ukraine war is casting darkness upon Egypt’s streets, as the government dims...

Egypt gets Gulf help again as eyes turn to currency flexibility

Published 04 Apr, 2022 05:26pm

CAIRO: Gulf Arab states are channelling up to $22 billion to Egypt to help it overcome a currency crisis, the third...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Sep 30	157.84
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.33
Euro to USD / Sep 30	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
India Sensex / Sep 30	72,480.29
Tokyo Nikkei / Sep 30	66,753.72
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
FTSE 100 / Sep 30	10,606
Dow Jones / Sep 30	50,906.05
Germany DAX 30 / Sep 30	25,199.19
France CAC40 / Sep 30	7,964.51

Item	Value
Crude Oil USD/Barrel / Sep 30	90.56
Karachi Cotton PKR/37.32 KG / Sep 30	18,680
Gold 10 Grams PKR / Sep 30	378,631
Gold Spot USD/Ounce / Sep 30	4,154.77
Cotton US¢/pound / Sep 30	78.52
Petrol/Litre / Oct 1	387.54
Diesel/Litre / Oct 1	402.24

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Oct 1 Wasl Mobility Modaraba(WASL)	6.40 ▲ 0.62 (10.73%)
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15.70 ▲ 1.43 (10.02%)
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	196.28 ▲ 17.84 (10%)
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Dadabhoy Cement / Oct 1 Dadabhoy Cement Industries Limited(DBCI)	13.46 ▲ 1.22 (9.97%)
First Elite Cap.Mod / Oct 1 First Elite Capital Modaraba(FECM)	19.50 ▲ 1.47 (8.15%)
Ideal Dynamics / Oct 1 Ideal Dynamics Limited(IDEAL)	52 ▲ 3.91 (8.13%)
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	6.15 ▲ 0.42 (7.33%)
ARM Green Industries / Oct 1 ARM Green Industries Limited(ARMG)	52.50 ▲ 3.49 (7.12%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	121.89 ▲ 7.93 (6.96%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	127 ▼ -37.01 (-22.57%)
Azgard Nine (Non-Voti) / Oct 1 Azgard Nine (Non-Voti)(ANLNV)	7.55 ▼ -0.89 (-10.55%)
Apna Microfin. / Oct 1 Apna Microfinance Bank Limited(AMBL)	17.82 ▼ -1.98 (-10%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.15 ▼ -2.89 (-9.95%)
Mughal Energy / Oct 1 Mughal Energy Limited(GEM)(GEMMEL)	37 ▼ -4 (-9.76%)
J.K.Spinning / Oct 1 J.K. Spinning Mills Limited(JKSM)	303 ▼ -32.4 (-9.66%)
First Tri-Star Mod. / Oct 1 First Tri-Star Modaraba(FTSM)	45.25 ▼ -3.67 (-7.5%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	47.40 ▼ -3.17 (-6.27%)
Karam Ceramics / Oct 1 Karam Ceramics Limited(KCL)	161.20 ▼ -10.25 (-5.98%)
Ahmad Hassan / Oct 1 Ahmad Hassan Textile Mills Limited(AHTM)	81.92 ▼ -5.1 (-5.86%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	43,885,040 ▲ 0.42
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	20,536,639 ▼ -2.89
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	13,742,604 ▲ 0.15
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	12,197,869 ▲ 1.43
Oilboy Energy / Oct 1 Oilboy Energy Limited(OBOY)	7,254,696 ▲ 1.11
Yousuf Weaving / Oct 1 Yousaf Weaving Mills Limited(YOUW)	6,429,606 ▲ 0.2
Media Times Ltd / Oct 1 Media Times Limited(MDTL)	5,553,013 ▲ 0.12
Aisha Steel Mills / Oct 1 Aisha Steel Mills Limited(ASL)	4,987,067 ▲ 0.35
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	4,640,260 ▼ -0.04
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	4,017,385 ▼ -0.12

Egypt Economy

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