Oil declines in early Monday trade
Oil declined as the United States endeavoured to mediate a peace agreement between Israel and Hamas aimed at…
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US Venture Global LNG to initiate LNG operations by mid-24
Venture Global LNG Inc. is poised to initiate operations at its second liquefied natural gas (LNG) export site in…
Turkey, ExxonMobil pact to curb reliance on Russian energy
Turkey and US energy giant ExxonMobil are in talks to explore a significant deal aimed at purchasing liquefied…
EGX closes all red on April 28th
Egypt’s stock market (EGX) closed all red on Sunday. The main index, EGX30 dropped by 4.93 per cent, to 24,639.63…
Commodity prices to decline by 3% in ’24 – World Bank
The World Bank projects a 3 per cent decline in commodity prices for 2024 and an additional 4 per cent drop in…
Dubai moves ahead with new passenger terminal plan at DWC
Dubai is moving ahead with the construction of a new passenger terminal at Al Maktoum International Airport, having…
IMF head praises Egypt’s measures to tackle economic challenges
Kristalina Georgieva, IMF Managing Director and Chair, highlighted Egypt's macroeconomic challenges exacerbated by…
IMF concludes Egypt’s 1st, 2nd reviews
The IMF Executive Board has finished the initial and subsequent reviews of Egypt's Extended Fund Facility (EFF)…
US core capital goods orders slightly up in March
US core capital goods orders saw a moderate increase in new orders in March, with revised data from the previous…
US mortgage rates hit highest level in 5m – MBA weekly survey
Mortgage rates in the US surged to their highest point in five months, leading to a decline in home-purchase…