France pushes for EU capital market unity to boost startups
France is pushing for the integration of the European Union's fragmented capital markets to support its burgeoning…
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ECB set to cut rates, maintain restrictive policy for ’24 – ECB’s Lane
The European Central Bank (ECB) is set to start cutting interest rates next month but plans to maintain a…
Musk’s xAI secures $6b in new funding
Elon Musk's AI startup xAI has secured $6 billion in a Series B funding round, with backing from investors…
EGP stable vs. USD at market opening
The Egyptian Pound (EGP) remained steady against the US Dollar (USD) at the market opening on Monday, May 27, 2024.
EGP closes high against USD on Sunday – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Egypt, Turkey discuss tourism investment opportunities
Egypt's General Authority for Investment and Free Zones (GAFI) is exploring ways of cooperation with several…
Russia tightens grip on grain market as wheat prices surge
Russia tightens its grip on the grain industry, prompting consolidation among fewer firms amid concerns over global…
Economic indicators point to easing – ECB’s Cipollone
Recent economic indicators strengthen the European Central Bank's confidence in lowering borrowing costs as…
China’s Q1 clean energy investments hit $16.5b in Q1
China's power sector ramps up green investment, with completed investments in clean energy projects rising by 6.64…
Egypt prioritises green hydrogen for climate goals
Egypt is committed to achieving its climate goals, with a focus on expanding reliance on green hydrogen, stated…