EGX closes mixed on May 20th
Egypt’s stock market (EGX) closed mixed on Monday. The main index, EGX30 went down by 0.32 per cent, to 27,228.85…
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JPMorgan raises NII forecast to $91b
JPMorgan Chase revised its forecast for net interest income (NII) on Monday, which represents the earnings from…
Qatar’s IPI surges to 100.2 points in March
Qatar's Industrial Production Index (IPI) surged to 100.2 points in March, marking a robust 4.7 per cent surge from…
Kenya GDP grows by 5.6% in ’23
Kenya's economy expanded by 5.6 per cent in 2023, up from a revised 4.9 per cent in the previous year, according to…
IMF praises UAE’s economic performance, urges reforms
The International Monetary Fund (IMF) concluded its 2024 Article IV Consultation with the United Arab Emirates…
Oil rises on Monday
Oil rose on Monday due to political turmoil in major oil-producing nations. The death of Iran's president in a…
Russia to lift ban on gasoline exports – RBC report
The Russian government has reached a final decision to revoke the temporary ban on gasoline exports, Reuters…
China’s fuel oil imports surge in April
China's fuel oil imports surged by 10 per cent in April compared to the previous year, reaching 2.93 million metric…
EGX ends sharply higher on May 19th
Egypt’s stock exchange (EGX) closed in the green area on Sunday, with the main index, EGX30 jumping by 4.49 per…
Ras El Hekma development to kickstart at year end – minister
Assem El-Jazzar, Minister of Housing stated that it is planned to begin infrastructure and construction works in…