Egypt’s Cabinet approves creation of free zone, investment zone in Ras El Hekma
Egypt approved the establishment of a dedicated free zone and an international tourist port in Ras El Hekma, as per…
Egypt, China ink deal to build 2 clean dry bulk ships
Egypt's National Navigation Company (NNC) signed a contract for two state-of-the-art clean dry bulk ships with the…
Turkey’s c. bank to maintain current rates until Q4
Turkey's central bank plans to maintain its current policy rate of 50 per cent until the fourth quarter, Reuters…
OPEC+ expresses excitement over Namibia partnership
The Organization of the Petroleum Exporting Countries (OPEC+) expressed excitement about the prospect of Namibia…
Developing nations get under 10% of global climate funds – minister
Less than 10 per cent of global climate financing goes to developing countries, despite their greater need, said…
China’s Country Garden secures deal to delay bond payments
Struggling Chinese property developer Country Garden has secured an extension on payments for three onshore bonds.
Russia pushes for open food trade – MFA
Russia is actively working to eliminate international barriers hindering its food and agricultural exports, Deputy…
Russia’s oil, gas revenues to double in April – Reuters
Russia's oil and gas revenue is projected to nearly double in April compared to the previous year, reaching $14…
China coal prices poised to rebound
China's domestic coal prices are expected to surge past 2023 highs this year.
Germany’s debt ratio to see marginal increase in ’24
Germany’s debt-to-GDP ratio is likely to experience a minor uptick this year, reaching 64 per cent in 2024, up from…