European stocks nudge up in tense climate
European stocks saw a slight rise on Monday amid Middle East tensions, with the STOXX 600 index up by 0.3 per cent,…
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Climate investors eye Japan’s banks on board oversight
A coalition of climate groups, including Australia’s Market Forces, Japan’s Kiko Network, and a representative of…
EGP starts week with minor boost against USD
The Egyptian Pound (EGP) experienced a slight uptick against the US Dollar (USD) in early trading on Monday, April…
Debt swaps could unlock $100b for climate action
Debt for climate and nature swaps, a mechanism where indebted countries receive debt relief in exchange for…
Climate spending may push nations to debt crisis
Emerging countries are facing a record external debt service of $400 billion this year as they allocate the…
EGP closes slightly down against USD on Monday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
China’s carbon allowances dip on Monday
Carbon emissions allowances at the Guangzhou Emissions Exchange, China’s largest local carbon market, closed at…
Egypt allocates EGP 96b for Cairo’s development – minister
The Ministry of Planning and Economic Development in Egypt declared on Monday that Cairo is slated for 1,260…
SCzone inks a $40m deal with Eroğlu for West Qantara project
The General Authority for the Suez Canal Economic Zone (SCZONE) signed on Sunday a $40 million contract with…
Bank of Russia eyes rate cut in H2 if inflation eases
The Bank of Russia is considering a reduction in the key rate in the latter half of 2024, provided inflation…
AfDB 2023