Africa’s biggest economies likely to hold interest rates
Central banks in Africa’s biggest economies are expected to diverge from their Latin American and European…
Author
Telecom Egypt, EXA sign pact to boost data traffic – Cabinet statement
Telecom Egypt and EXA Infrastructure signed an agreement to consolidate international data traffic vi "WeConnect",…
Japanese banks to profit following BOJ elimination of negative rates
Japanese banks are set to generate profits in yen from interest on their deposits with BOJ following the…
Gold dips in early Tuesday trade
Gold dipped on Tuesday due to a stronger dollar ahead of the US Fed Reserve policy meeting where interest rate hike…
S&P Global upgrades Egypt’s outlook to positive
S&P Global Ratings upgraded Egypt’s outlook to positive, maintaining its B-/B long and short-term foreign and…
Oman plans IPO for state-owned logistics company
The Oman Investment Authority (OIA) is in the process of planning an initial public offering (IPO) for Asyad Group,…
Russia increases oil exports through western ports
Russia is increasing its oil exports through its western ports in response to ongoing drone attacks on its…
EGX closes in dark red area for 2nd day on March 18
Egypt’s stock market (EGX) closed red on Monday. The main index, EGX30 declined by 6.34 per cent, to 29,091.29…
Japan’s core machinery orders fall more than expected in Jan
Japan's core machinery orders fell more than expected in January on the back of a weak manufacturing sector, data…
Malaysia’s ringgit gains, bonds attract investors
Malaysia's ringgit has emerged as one of the strongest performers among Asian currencies this month, providing…