Browsing Category
News
Egypt issues EGP 6b zero coupon t-bonds
The Central Bank of Egypt (CBE) announced the issuance of six billion Egyptian pounds in zero-coupon treasury bonds…
Gulf stocks mostly rise on Monday as Mideast tensions cool
Stock markets across the Gulf region staged a partial recovery on Monday, clawing back some of the losses incurred…
Egypt sees $400m in budget support from UK – minister
Egypt is anticipating a $400 million infusion in budget support from the UK over two years, marking the latest…
China’s EV market to see price war due to oversupply
China's electric vehicle (EV) market is expected to see a fierce price war erupt this year as supply outpaces…
Egypt offers EGP 4b in fixed coupon t-bonds
The Central Bank of Egypt (CBE) issued on Monday treasury bonds (T-Bonds) with fixed coupon in Egyptian pound worth…
Deforestation in Liberia threatens European cocoa market
The growing trend of deforestation in Liberia, driven by cocoa farmers from neighbouring Ivory Coast, poses a…
China holds rates steady despite positive economic data
China's central bank maintained its wait-and-see approach, keeping benchmark lending rates unchanged at its monthly…
Gold loses shine as focus shifts to US inflation data
Gold prices tumbled on Monday as hopes for a de-escalation in the Middle East reduced its safe-haven appeal.
World Bank’s IFC sees $1.9b investments in Ukraine projects
The International Finance Corporation (IFC), the World Bank's private investment arm, plans to fund $1.9 billion…
Egypt resumes onion exports to Saudi Arabia – minister
Egypt has resumed onion exports to Saudi Arabia on April 1st, in conjunction with the start of the harvest season,…