Suez Canal revenue down amid Red Sea unrest
The Suez Canal's annual revenue went down to $7.2 billion in the latest fiscal year, down nearly a quarter, as some…
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Australia’s unemployment slightly increases in June
Australia experienced a slight increase in the seasonally adjusted unemployment rate to 4.1 per cent in June.…
IMF disburses $71m for Niger, forecasts 10.6% growth in ’24
The International Monetary Fund (IMF) concluded the Fourth and Fifth Reviews of Niger’s Extended Credit Facility…
Oil up on Thursday
Oil surged after the largest daily increase in a month, driven by a third consecutive weekly decline in US crude…
Egypt halts summer power cuts
Egypt will halt its energy consumption rationing plan starting Sunday, July 21st, lasting until mid-September, the…
URGENT: US June imports flat, exports down
US June import prices remained steady after a 0.2 per cent decline in May.
Egypt Mining Forum unveils growth plans
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, inaugurated the third edition of the Egypt…
EGX closes mixed on July 16
Egypt’s stock market (EGX) closed mixed on Tuesday. The main index, EGX30 went down by 0.44 per cent, to 27,828.92…
Uganda lowers economic growth forecast for ’24/’25
Uganda's Finance Minister reversed the country's economic growth forecast for the 2024/2025 fiscal year, projecting…
Affinity Partners buys Phoenix stake
Affinity Partners has purchased a $128.5 million stake in Phoenix Holdings Ltd., marking the Saudi-backed firm’s…