URGENT: Egypt’s monthly inflation slows to 0.5% in July
Egypt's general consumer price index (CPI) reached 226.7 points in July, registering an inflation rate of 0.5 per…
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China sets new standards for emissions
China is set to issue 70 national standards for carbon footprints, energy efficiency and consumption, and carbon…
Oil up in early Thursday trade
Oil prices rose for the third consecutive session on Thursday following a significant drop in US crude stockpiles.…
EGX closes in green area on August 7
Egypt’s stock market (EGX) closed in green area on Wednesday. The main index, EGX30 went up by 1.48 per cent, to…
Egypt’s expats remittances double in June – CBE
Egypt's remittances from its abroad workers increased in June 2024 for the fourth consecutive month, rising by 65.9…
QatarEnergy raises Sept. crude prices
QatarEnergy (QE) is set to increase its official formula prices for September-loading crude exports, marking a rise…
Kuwait oil price rises to $76.28 per barrel
The price of Kuwaiti oil increased by 51 cents to reach $76.28 per barrel on Tuesday, up from $75.77 per barrel the…
World Bank: Cameroon’s growth to hit 4.0% in ’24
Cameroon's real GDP growth is projected to rise to 4.0 per cent in 2024, with an average of 4.5 per cent from 2025…
Maersk predicts slower demand, increases spending
Maersk expects slower global demand for container shipping in the upcoming quarters due to market risks, despite…
Bank of Uganda cuts interest rate by 25 basis points
Bank of Uganda Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 10 per…