Yellen urges action against China’s industrial policies at G7 meeting
US Treasury Secretary Janet Yellen called for "market-driven" countries to come together against China's industrial…
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Moody’s raises Cyprus’ credit rating to Baa2
Moody's Ratings has boosted Cyprus' economic outlook to positive from stable, while affirming its long-term credit…
Sunday opens with EGP seeing minor shifts vs. USD
The Egyptian Pound (EGP) saw minimal changes against the US Dollar (USD) at the market opening on Sunday, May 26,…
Proxy firm urges rejection of Musk’s $56b pay package
Proxy advisory firm Glass Lewis has advised Tesla shareholders to reject CEO Elon Musk's $56 billion pay package,…
France to reduce jobless benefits amid rising debt concerns
French Prime Minister Gabriel Attal has announced a plan to reform the country’s unemployment benefits system,…
Germany’s April exports to non-EU nations rise 4.4% – Destatis
German exports to non-EU nations surged by 4.4 per cent year-on-year to 62.1 billion euros ($67.2 billion) in…
Egypt’s potato exports hit 650K tons
Egypt's potato exports reached approximately 650,000 tons during the 23–24 export season until May 20th, said the…
Canadian Solar invests up to $1.4b in European clean energy
Recurrent Energy, a subsidiary of Canadian Solar specialising in solar technology, announced on Thursday that it…
EGP closes Thursday with decline against USD
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Turkish c. bank holds rates at 50%
The Turkish central bank opted to maintain its benchmark interest rate at 50 per cent for the second consecutive…