Egypt to increase power production to 234b kwh in ’24-25 – ministry
The State-owned Egyptian Electricity Holding Company aims to increase energy production to 234 billion kWh in the…
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Global commodity prices surge amid supply challenges – PMI
Global commodity prices surged to a 21-month high by the end of June 2024, driven by escalating supply chain…
India explores global mineral opportunities
India is actively engaging with African and Latin American countries for critical mineral blocks through…
IMF completes 1st Jordan review
The International Monetary Fund (IMF) Executive Board has completed the first review of Jordan’s Extended Fund…
S. Arabia announces new oil discovery
Saudi Arabia has announced significant new oil deposits discovery in the Eastern Province and the Empty Quarter.
JP Morgan: June global manufacturing PMI dips
The JP Morgan Global Manufacturing PMI posted 50.9 in June, down slightly from May's high of 51.0 but still above…
Oil up on Tuesday
Oil prices went up to a two-month high, driven by rising Middle East tensions and the onset of the Atlantic…
US manufacturing growth moderates in June – PMI
The US manufacturing sector continued to expand in June, with new orders rising for the second consecutive month.…
EGX closes in green area on July 1st
Egypt’s stock market (EGX) closed in green on Monday. The main index, EGX30 went up by 0.73 per cent, to 27,969.59…
Oil up on Monday
Oil prices rose on Monday due to peak summer consumption and OPEC+ production cuts, offset by increased output from…