Browsing Category
Feature
PLASTEX 2024 launches its 19th edition in Egypt
PLASTEX2024, the 19th edition of the largest plastics and rubber exhibition in the Middle East and North Africa,…
China’s COSCO suspends shipping to Israel amid Houthi attacks
China’s state-owned and largest shipper COSCO suspended shipping to Israel, Reuters reported on Tuesday, citing…
Red Sea attracts oil tankers despite Houthi attacks
Oil and fuel tankers have continued to navigate the Red Sea despite the ongoing Houthi attacks, a Reuters analysis…
S. Arabia borrows $12bln in bonds
Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
Ericsson targets 50% of mobile wallets in Africa
Ericsson AB, a manufacturer of 5G networks globally, is expanding a financial technology company that facilitates…
PLASTEX 2024 opens in Cairo
Egypt’s Minister of Industry and Trade Ahmed Samir and Minister of Environment Yasmine Fouad have inaugurated on…
Samsung ’23 Q4 profits drop 35%
Samsung net profits for Quarter four (Q4) of 2023 dropped by 35 per cent as weak consumer demand persists, Reuters…
Boeing shares tumble amid FAA MAX groundings
Boeing’s shares fell by 8 per cent in early-hour trading, amid the Federal Aviation Administration (FAA) orders of…
ECB unlikely to cut rates before summer – Vujcic
The European Central Bank (ECB) probably will not cut rates before the summer, Bloomberg reported, citing Governing…
Nigeria’s central bank pays $2 bln to clear FX backlog
The Central Bank of Nigeria settled matured foreign exchange contracts by paying lenders about $2 billion of what…