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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…
ACC secures major financing for three gigafactories
ACC, a European auto battery manufacturer co-owned by Stellantis, Mercedes, and TotalEnergies, announced on Monday…
Oil prices decline as Israel says ‘concluded’ Gaza strikes
Oil prices in early Asian trade fell on Monday after Israel announced the conclusion of a series of strikes in…
URGENT: IMF to extend significant support to Egypt – chief
The International Monetary Fund (IMF) is expected to extend significant support to Egypt as it was successful in…
S. Arabia’s industrial production falls by 10.5% in Dec. ’23
Saudi Arabia’s Industrial Production Index (IPI) decreased by 10.5 per cent in December 2023, due to the decline in…
Gulf’s real estate to grow in H1 2024 – Markaz
The Gulf real estate sector will grow in the first half of 2024 due to increasing demand and government policies…
Emirates NBD-Egypt renews partnership with Allianz Egypt for 5 yrs
Emirates NBD-Egypt and Allianz Insurance Company-Egypt have renewed their strategic bancassurance partnership for…
Indonesia cancels plans to purchase Mirage fighter jets from Qatar
Indonesia has cancelled plans to purchase secondhand Mirage 2000-5 fighter jets from Qatar in a €733 million deal…
Egypt’s EPICO plans to inject EGP 800 mln investments in ’24
Egyptian International Pharmaceutical Industries (EIPICO) plans to invest over 800 million Egyptian pounds in 2024…
Repercussions of ongoing Israel’s war on Gaza catch up with its economy
Israel’s war on Gaza may cause it to sell a near-record amount of bonds this year to continue funding its offensive…