S. Korea sees unexpected factory output drop
South Korea's factory production declined more than anticipated in November due to a decrease in exports and a…
Egypt’s c. bank issues $800m in T-bills
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is auctioning on Monday…
Gold prices down on Monday ahead of Fed clues
Gold prices fell on Monday as investors awaited further information on the US Federal Reserve's interest rate…
EGP fluctuates vs. USD in early trade
The Egyptian pound (EGP) fluctuated against the US dollar (USD) in early trading on Monday, December 30, 2024.
China’s PBC offers 89.1b yuan off reverse repo
People’s Bank of China (PBC) announced on Monday a seven-day 89.1 billion-yuan reverse repo at an interest rate of…
Asian shares start week muted amidst high treasury yields
Asian stock markets began the week cautiously as elevated US Treasury yields presented a challenge to Wall Street's…
Egypt PM, FM strategise on boosting cooperation with Africa
In alignment with President Abdel Fattah El-Sisi’s directives to deepen cooperation with African nations, Prime…
Eni launches 2nd phase of oil, gas production in Côte d’Ivoire
Italian energy giant Eni announced on Saturday that it had commenced the second phase of oil and gas production at…
Egypt signs $135m deal to manufacture MG cars
Egypt has secured two major agreements to establish a new car manufacturing plant in New October City, supported by…
Argentina sells $803m in reserves amid USD demand surge
Argentina's central bank sold $803 million in hard-currency reserves this week to meet a surge in dollar demand…
