Shell sees global LNG demand to rise by 50% in 2040
Shell is expecting the global demand for liquefied natural gas (LNG) t0 increase by more than 50 per cent in 2024,…
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S. Africa’s rand strong ahead of upcoming retail data
S. Africa's rand strengthened early on Wednesday preceding December retail sales data, after falling more than 1…
Sony plans financial unit IPO in ‘25
Sony Group Corp. announced that it will list its financial arm in October 2025, setting the stage for a significant…
Yen decline challenges BOJ on rates decision
The sharp decline of the yen below 150 against the dollar complicates matters further for the Bank of Japan (BOJ).
Gold stays below $2000 in early Wednesday trade
Gold prices hovered around a two-month low, trading below the crucial $2,000 per ounce level On early Wednesday…
S. Africa’s KAP mulls $317mln logistics unit sale
KAP Ltd. is reportedly considering selling of its Unitrans business, as part of its plans to lower the company's…
EGX closes all green on Feb. 13
Egypt’s stock market closed in the green area on Tuesday. The main index, EGX30 jumped by 0.39 per cent, to…
Madinet Masr, Elmarakby Steel sign MoU to develop plan for site waste
Madinet Masr, Egypt's giant real estate developer, and Elmarakby Steel, an Egyptian steel manufacturer, signed on…
FRA updates EGX listing and de-listing guidelines
Egypt's Financial Regulatory Authority (FRA) has updated the guidelines for listing and de-listing on the stock…
Oil rises ahead of new economic data
Oil prices increased slightly as traders anticipated the Organization of the Petroleum Exporting Countries' (OPEC+)…
AfDB 2023