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Short sellers bet against PBB bank
Short sellers are betting against almost 8 per cent of Deutsche Pfandbriefbank’s (PBB) shares due to concerns about…
IMF confident in world economic outlook
The International Monetary Fund’s chief, Kristalina Georgieva, on Monday expressed confidence in the world economic…
New chlorine plant in Egypt soon
Misr Chemical Industries, Chemical Industries Holding Co, and Energy Cadence signed a collaboration contract to…
Aramco CEO expects rise of oil demand in ’24
Aramco CEO Amin Nasser expected that oil demand would rise to 104 million barrels per day (mbd) this year and 105…
CIB profit hits EGP 41.6 bln in FY ’23
The Commercial International Bank-Egypt (CIB) recorded net pre-tax profits of 41.6 billion Egyptian pounds at the…
ANZ’s Q1 boom boosts shares to 22-month high
Australia's ANZ Group reported on Monday, that its first-quarter group revenue matched the quarterly average of the…
Minimum prices push Indian farmers to more protest
A renewed wave of farmer protests demanding guaranteed minimum crop prices shall be held in the Indian capital,…
Rupee to rise as dollar weakens
The Indian rupee is expected to open slightly higher on Monday due to the dollar's weakness against major…
China, Indonesia to cut nickel output amid price slump
China and Indonesia plan to cut their nickel production this year in an effort to minimize losses after the price…
Australia’s CBA attracts funds leaving China despite profit outlook
Australia's largest bank, Commonwealth Bank’s (CBA) stock surged 20 per cent since November, driven by investors…