EGX closes in red on Sept 10
Egypt’s stock market (EGX) closed in the red area on Tuesday. The main index, EGX30 went down by 0.89 per cent, to…
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Global hiring intentions steady for Q4 ’24, weaker YoY
Global hiring intentions are expected to hold steady in the fourth quarter of 2024, with a Net Employment Outlook…
OPEC+ revises ’24 oil demand, supply forecasts
The Organization of the Petroleum Exporting Countries (OPEC+) has slightly revised its 2024 global oil demand…
AngloGold Ashanti acquires Centamin for $2.5b
AngloGold Ashanti is acquiring Centamin for approximately $2.5 billion. The deal offers Centamin shareholders a…
Egypt’s Nasser bank’s to expand into non-banking deals
The Financial Regulatory Authority (FRA) has added Nasser Social Bank to the list of institutions allowed to…
China’s foreign trade rises by 6% in 1st 8-m of ’24
China’s total goods imports and exports increased by 6 per cent year-on-year (YoY) in yuan terms (CNY) in the first…
Egypt streamlines processes to offer attractive investment climate
The Ministry of Investment and Foreign Trade is enhancing Egypt’s investment climate by streamlining processes and…
EGX off Sunday in celebration of Islamic holiday
The Egyptian Exchange (EGX) has announced that Sunday, September 15 will be an official holiday in celebration of…
IFC partners w/ BPR Bank Rwanda to enhance SME financing
The International Finance Corporation (IFC) has announced a financing package of up to $60 million, equivalent to…
IMF forecasts 6% growth for Uganda in ’24
The International Monetary Fund (IMF) concluded its 2024 Article IV Consultation with Uganda, forecasting robust…
