EGX closes mixed on May 23rd
Egypt’s stock market (EGX) closed mixed on Thursday. The main index, EGX30 sunk by 0.08 per cent, to 27,205.14…
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Poverty reaches 44% in Lebanon – World Bank
Poverty in Lebanon has surged to 44 per cent of the population over the last decade, with 1 in 3 Lebanese living in…
US’s Yellen warns against Israeli financial moves in Palestine
US Treasury Secretary Janet Yellen criticised Israel for its intention to withhold revenues collected on behalf of…
India, Egypt primary destinations for Russian fuel oil in April
India and Egypt were primary destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in April.
Taiwanese Apple,Nvidia supplier forecasts 10% revenue growth
Taiwanese TSMC, a key supplier to Apple and Nvidia, projected a 10 per cent annual revenue growth for the global…
US set to pour fresh investments in Kenya
Joe Biden and Kenyan President William Ruto are set to unveil investments in green energy and health manufacturing…
US’s Yellen leads G7 Focus on China’s imbalances
US Treasury Secretary Janet Yellen stated Thursday that G7 finance ministers will address concerns about China's…
Thai exports surge, surpassing expectations
Thailand's export sector rebounded in April, surpassing analysts' expectations with a notable surge in growth,…
JPMorgan revises China’s economy ’24 forecast
JPMorgan revised their forecast for China's economy in 2024, projecting a growth rate of 5.2 per cent, up from…
PBC injects liquidity via reverse repo
China's central bank carried out a 7-day reverse repo operation, injecting 2 billion yuan (approximately 281.3…