US housing prices flat in May
US housing prices were flat in May 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index.…
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Mexico’s growth slows in Q2 as high rates cool demand
Mexico's economic growth unexpectedly slowed in Q2, with GDP increasing by just 0.2 per cent, below the 0.4 per…
EGX closes in green on July 29
Egypt’s stock market (EGX) closed in the green area on Tuesday. The main index, EGX30 went up by 0.65 per cent, to…
Jeddah Islamic Port listed on LME
The Saudi Ports Authority (Mawani) has announced that the Jeddah Islamic Port (LME) will be listed on the London…
Swiss Glencore anticipates higher coal production levels in H2 ’24
Glencore maintained its full-year 2024 production guidance and announced additional steelmaking coal volumes…
Consubanco, IFC pact to support Mexico silver economy
Consubanco, supported by the International Finance Corporation (IFC), has launched a 2.2 billion pesos ($129…
UAE’s ADNOC boosts SARB field output 25%
ADNOC’s offshore Satah Al Razboot (SARB) field has achieved a 25 per cent increase in production capacity, reaching…
S. Korea’s offshore field attracts investors
South Korea is conducting an investor roadshow after global oil majors showed interest in an offshore field that…
US slowdown amid political, geopolitical uncertainty
US rate hikes in 2023 are showing effects on the labour market and demand, while political and geopolitical risks…
Ethiopia IMF deal paves way for debt retractation – FinMin
Ethiopia's $3.4 billion financing agreement with the International Monetary Fund (IMF) sets the stage for the…