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 / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.42 ▲ 0.99 (13.32%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
Asia Ins. / Jun 4 Asia Insurance Company Limited(ASIC)	37 ▲ 3.16 (9.34%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.80 ▲ 1.91 (9.14%)

Stock	Price
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	1,948.15 ▼ -216.46 (-10%)
Popular Islamic / Jun 4 Popular Islamic Modaraba(PIM)	21.61 ▼ -1.96 (-8.32%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	77.50 ▼ -4.98 (-6.04%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Frontier Ceramics / Jun 4 Frontier Ceramics Limited(FRCL)	75.01 ▼ -4.16 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.40 ▼ -2.48 (-4.97%)
Dawood Equities / Jun 4 Dawood Equities Limited(DEL)	19.70 ▼ -0.86 (-4.18%)
Shahmurad Sugar / Jun 4 Shahmurad Sugar Mills Limited(SHSML)	358.11 ▼ -14.63 (-3.92%)
Data Agro / Jun 4 Data Agro Limited(DAAG)	78.65 ▼ -3.09 (-3.78%)
Paramount Spinning / Jun 4 Paramount Spinning Mills Limited(PASM)	6.46 ▼ -0.25 (-3.73%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	35,538,923 ▲ 0.29
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	11,323,075 ▲ 0.34
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	9,685,080 ▲ 2.07
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	8,057,112 ▲ 0.48
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	7,115,104 ▲ 0.16
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	6,864,028 ▲ 0.38
Telecard Limited / Jun 4 Telecard Limited(TELE)	6,016,438 ▲ 0.39
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	5,233,978 ▲ 0.42
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	5,142,788 ▲ 0.7
TPL Corp Ltd / Jun 4 TPL Corp Limited(TPL)	3,713,292 ▲ 0.32