EU sees significant rise in April’s new car sales
New car sales in the European Union (EU) surged by 13.7 per cent in April, marking the largest increase since last…
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UK inflation eases, no June rate cut expected
UK inflation fell less than anticipated, causing investors to reduce their expectations for a Bank of England (BoE)…
Asia-Pacific REITs face high climate risk, report shows
Nearly 10 per cent of properties owned by leading Real Estate Investment Trusts (REITs) in the Asia-Pacific region…
China’s solar expansion faces grid bottlenecks
China’s rapid solar power expansion is experiencing a slowdown due to grid bottlenecks, market reforms, and a…
EGP swings against USD in early Wednesday trade
The Egyptian Pound (EGP) experienced fluctuations against the US Dollar (USD) at the market opening on Wednesday,…
SCZONE launches solar plant at Siemens energy centre
The General Authority of the Suez Canal Economic Zone (SCZONE) inaugurated on Tuesday a solar power plant at the…
Cryptocurrencies surge as investors turn bullish on ether ETFs
Ether was set for its largest two-day gain in nearly two years on Tuesday amid speculation about US spot…
Yellen urges German banks for stricter Russia sanctions
US Treasury Secretary Janet Yellen has called on German bank executives to enhance efforts to comply with sanctions…
EGP stays flat vs. USD at Tuesday close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
EU approves new rules to establish hydrogen market
The European Council announced on Tuesday the approval of a regulatory package to establish common market rules for…