China’s exports shrink by 12.4% in June
China's exports plunged by 12.4 percent in June, hit by shrinking global demand and rising concerns over the…
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U.S. inflation slows 3% in June
U.S. inflation slowed three percent to record its lowest annual rate in more than two years in June, resulting in…
EBRD supports Egypt’s private sector with $532 mln
The European Bank Reconstruction and Development (EBRD) approved on Wednesday to grant Egypt’s private sector up to…
Dubai reaches over $871mln in realty transactions Tuesday
Dubai real estate market recorded 650 sales transactions worth AED2.55 billion, in addition to 83 mortgage deals of…
AfDB, ASEA sign agreement for $600k grant to expand network of linked African exchanges
The African Development Bank Group (AfDB) and the African Securities Exchanges Association (ASEA) have signed an…
Iraq to launch five new cities as part of its post-war economic drive
Iraq will release five new residential cities as part of a post-war drive to tackle widening housing supply…
Algeria, TotalEnergies strengthen gas partnership with $740 mln contracts
Oil and gas supermajor TotalEnergies and Algeria’s national oil company Sonatrach have signed deals totaling $740…
TotalEnergies invests $27bln deal to implement energy projects in Iraq
Iraqi oil minister Hayan Abdel-Ghani signed on Mondayn a long-delayed deal with French oil major TotalEnergies to…
Carrefour inaugurates its first store in Porto Marina
Carrefour, which is owned and operated by Majid Al Futtaim, has opened its first Carrefour store in Porto Marina,…
Egypt’s monthly inflation rate rises 2% in June
Egypt’s monthly inflation rate increased by 2 percent in June as consumer prices soared by 35.7 percent, from 32.7…