S. Arabia’s economy shrinks in Q4 ’23
Saudi Arabia’s economy shrank in the fourth quarter after it continued to reduce oil output in an effort to raise…
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CBN pays additional $64mln FX backlog
The Central Bank of Nigeria (CBN) has paid an additional $64.44 million toward the verified foreign exchange…
Japan’s Nippon Steel to borrow $16bln to complete purchase of U.S. Steel
Nippon Steel will receive a total of $16 billion in loans three major banks for its proposed acquisition of U.S.…
Japan’s Canon chipmaking tools outperform expectations
Japan's Canon said on Tuesday that it is outperforming expectations with the early interest in its new lithography…
EGX heads north on Jan. 30
Egypt’s stock market closed in the green on Tuesday. The main index EGX30 rose by 3.83 per cent to 30,347.3 points
Turkey changes regulations to save lira from further falling
Turkey changed regulations on Tuesday to prevent savers from moving their money to foreign currencies and relieve…
US pause on LNG export raises Japan’s concerns over new projects
The temporary suspension of US export licenses raised Japanese concerns that the launching of new LNG facilities in…
EV maker VinFast to tap Philippines market
Vietnam's largest conglomerate Vingroup said on Tuesday its electric vehicles manufacturer subsidiary VinFast will…
Saudi Aramco requested to cut max capacity target back to 12 mbpd
Saudi Aramco said on Tuesday it was directed to lower its planned maximum sustainable oil production capacity from…
Ikea to unwind 2022 prices increase
IKEA is making investments to lower prices on select products in several countries to unwind price increases it…
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