Iraq targets 20% gas flaring reduction by ’24
Iraq, OPEC’s second-largest oil producer, aims to cut gas flaring to 20 per cent by the end of 2024, leveraging new…
India’s economy to grow in FY ’24/2025
India’s economy is projected to grow by around 6.5 per cent in fiscal year 2024/25, near the lower end of its 6.5-7…
Egypt likely to maintain interest rates – Bloomberg
Egypt is expected to maintain interest rates at a record high, aiming to curb inflation before initiating its first…
Egypt’s gold prices drop on Thursday
Egypt’s gold prices fell on Thursday, December 26th, at 3:22 PM CLT (1:22 PM GMT), compared to the December 24th…
EGP closes slightly high vs. USD on Thursday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
UAE mandates emissions reporting for large polluters
The United Arab Emirates (UAE) will require companies emitting 500,000 tons or more of carbon dioxide annually to…
Japan’s steel output to hit 5-yr low
Japan's crude steel output is forecast to decline by 2.4 per cent in the first quarter of 2025, driven by sluggish…
Egypt PM explores tourism investments near Giza Plateau
Egypt’s Prime Minister, Mostafa Madbouly, has spotlighted several prime plots of land near the Giza Pyramids and…
Indian rupee hits record low vs USD on Thursday
The Indian rupee fell to a lifetime low of 85.2525 per US dollar on Thursday, marking its seventh consecutive…
China revises ’23 GDP growth upwards
China revised its 2023 gross domestic product (GDP) upwards by 2.7 per cent, increasing the economy’s size by 3.4…