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…
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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…
Bahamas mandates banks to adopt CBDC
The Bahamas, the first country to issue a central bank digital currency (CBDC), is drafting regulations to mandate…
S. African manufacturing contracts amid weak demand
South African manufacturing activity contracted in June, with the PMI survey showing a reading of 45.7, up from…
Aramco keeps OSPs for LPG unchanged in July
Saudi Arabia's state oil producer Aramco kept official selling prices (OSPs) for liquefied petroleum gas (LPG)…
Nigeria’s private sector growth slows in June
Nigeria's private sector experienced stagnation as subdued demand and intense price pressures led to slowdowns in…
Malaysia’s Sabah Oil develops Malaysian facilities
London-based Gibson Shipbrokers Ltd and Malaysia's Sabah Oil & Gas Development Corporation (SOGDC) have signed…
CNOOC completes China’s largest LNG base
China National Offshore Oil Corporation (CNOOC) subsidiary has completed the construction of China's largest LNG…