Oil dips on Monday
Oil prices declined as investors weighed market risks against escalating ship attacks near Yemen.
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EGX closes in green area on June 23
Egypt’s stock market closed in the green area on Sunday. The main index, EGX30 jumped by 2.44 per cent, to…
Nvidia partners w/ Qatar’s Ooredoo for AI Middle East expansion
Nvidia has signed a deal to deploy its AI technology at data centers owned by Qatari telecoms group Ooredoo in five…
Egypt’s cast iron, steel imports rise in Q1 ’24
Egypt witnessed a significant increase in its cast iron and steel imports during the first quarter of 2024, with a…
Itochu set to establish global low-carbon iron supply
Itochu, a Japanese trading house, is set to establish a global supply chain for reduced iron, a low-carbon steel…
QatarEnergy, ENEOS sign long-term naphtha supply deal
QatarEnergy has signed a long-term agreement to supply up to 9 million tons of Naphtha to ENEOS Corporation, a…
Egypt’s e-payment services reach EGP2.5tn in 11 months
Egypt's digital payment and collection services surged to unprecedented levels over the first 11 months of the…
URGENT: US PPI declines by 0.2% in May
US Producer Price Index (PPI) for final demand decreased by 0.2 per cent in May 2024, adjusted seasonally.
EGX closes on green notes on June 13
Egypt’s stock market (EGX) closed on green notes on Thursday. The main index, EGX30 went up by 1.09 per cent, to…
Afreximbank: Africa’s economies expected to grow by 3.8% in ’24
African economies are expected to grow by 3.8 per cent in 2024, exceeding the global forecast of 3.2 per cent, with…