Repercussions of ongoing Israel’s war on Gaza catch up with its economy
Israel’s war on Gaza may cause it to sell a near-record amount of bonds this year to continue funding its offensive…
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Jeff Bezos sells 12 million Amazon shares
Jeff Bezos disclosed to federal regulators that he had sold almost 12 million shares of Amazon stock, which was…
EGX closes all green on Feb. 8
Egypt’s Stock Exchange (EGX) closed in the green area on Thursday, with the main index, EGX30 rising by 1.81 per…
India targets multi-year oil purchase deal with Guyana
India intends to enter into a multi-year oil purchase agreement with Guyana and purchase interests in the South…
Maersk expects low ’24 earnings
Maersk said on Thursday that it expects 2024 earnings to be significantly lower than last year's level due to an…
Czech National Bank set to cut rates
Czech National Bank is expected to cut borrowing costs on Thursday in response to weakening inflation and weak…
Kenya announces $2bln bond-buyback programme
Kenya announces that it would be selling new securities and making an offer to buy back its $2 billion in debt.
G-7 plans to prevent Russia from using shadow fleet
The Group of Seven plan to prevent Russia from using a vast shadow fleet of tankers to transport oil as the latest…
Oil holds gains for 2nd straight day
Oil prices saw a slight increase within their recent price range as a report indicating increased U.S. stockpiles…
Egypt’s stocks close all green on Feb. 7
Egypt’s stock market closed in the red area on Wednesday. The main index, EGX30 rose by 2.33 per cent, to 27,905.95…