US real GDP growth revised higher in Q3
The US economy grew at an annual rate of 3.1 percent in the third quarter of 2024, according to the third estimate…
Egypt partners with GE HealthCare to manufacture ultrasound devices locally
Prime Minister Moustafa Madbouly met with a number of GE HealthCare leaderships to discuss the company’s…
European markets slide on Thursday
European shares fell at midday on Thursday as investors shifted away from riskier assets, including equities and…
EGX ends week in mixed notes
Egypt's stock market (EGX) closed mixed on Thursday.
Biden-Harris Administration awards SK hynix $458m
The Biden-Harris Administration awarded SK hynix up to $458 million in direct funding under the CHIPS Incentives…
EGP declines vs. USD at Thursday’s close – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
ECB should maintain rhythm in rate cuts – Simkus
European Central Bank (ECB) Governing Council member Gediminas Simkus emphasised the need for a steady pace of rate…
Malaysia, Turkmenistan pledge stronger oil, gas effort
Malaysia and Turkmenistan leaders affirmed their commitment to enhancing collaboration in the oil and gas industry.
China’s outbound direct investment rises 11.2% in 11m of ’24
China's non-financial outbound direct investment (ODI) rose by 11.2 per cent to $128.63 billion in the first 11…
Egypt’s GPY oil field restarts with record production
The Egyptian General Petroleum Company (EGPC) has successfully brought the GPY oil field, located in Egypt's…