US, China to hold high-level trade talks in Switzerland
Top US officials, including Treasury Secretary Scott Bessent and trade negotiator Jamieson Greer, will meet Chinese…
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US monthly trade deficit expands in March ’25
The US trade deficit in goods and services expanded to $140.5 billion in March 2025, up 14.0 per cent from a…
Visa plans expansion in Egypt
Visa plans to boost its investments in Egypt, with a focus on digital transformation and expanding the use of…
Oil up on Wednesday
Oil prices rose slightly on Wednesday, with Brent crude climbing 44 cents to $62.59 a barrel and US West Texas…
Egypt reviews progress on investment climate reforms, customs overhaul
Egypt's Prime Minister Mostafa Madbouly met on Wednesday with Investment and Foreign Trade Minister Hassan…
Egypt’s FRA warns against unlicensed investment, finance offers
Egypt's Financial Regulatory Authority (FRA) has issued a renewed warning to the public regarding the growing…
EGX closes mixed on May 6
The Egyptian Exchange (EGX) saw a mixed performance on Tuesday, with the benchmark EGX30 index adding 0.23 per cent…
Oman, Algeria agree on $298m investment, energy deals
Oman’s sovereign wealth fund signed a preliminary agreement with Algeria’s Finance Ministry to establish a $298.79…
Egypt plans major energy expansion to curb fuel imports, minister says
Egypt’s Minister of Petroleum Karim Badawy announced on Tuesday new measures aimed at ramping up the country’s oil…
Kenya’s GDP growth slows in ’24
Kenya's economy expanded by 5.1 per cent year-on-year (YoY) in the fourth quarter of 2024, down from 6.1 per cent…
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