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US stocks open higher on Tuesday
US stocks opened higher on Tuesday morning (ET). At 09:56 ET (13:56 GMT), the Dow Jones rose 142.66 points, or 0.36…
India’s Adani to supply power to Bangladesh
Adani Power’s coal-fired power plant in Jharkhand, originally contracted to exclusively supply 1,600 megawatts (MW)…
Global oil demand up in Q2 ’24 – IEA
Global oil demand rose by 870,000 barrels per day (kb/d) in the second quarter of 2024, according to the…
EGX closes in red on August 13
Egypt’s stock market (EGX) closed in the red area on Tuesday. The main index, EGX30 sunk by 1.26 per cent, to…
President Sisi prioritises inflation control, social spending
Egypt’s President Abdel Fattah al-Sisi on Tuesday instructed government officials to prioritise tackling inflation…
US PPI up 0.1% in July
The US Producer Price Index (PPI) for final demand increased by 0.1 per cent in July 2024, seasonally adjusted, as…
Turkey’s Eroglu Garment starts building $40m garment factory in Egypt
The Suez Canal Economic Zone (SCZone) and Turkey's Eroglu Global Holding Group laid the foundation stone for a new…
Intl. study backs feasibility of Black Sea energy project
The Black Sea Energy project, which aims to lay a submarine cable to supply green energy to Europe, has been found…
Yen dips for 2nd day ahead of US inflation data
The yen declined for a second consecutive day on Tuesday amid calmer trading conditions ahead of US inflation data.
Ukraine seeks $20b for renewable energy expansion
Ukraine has announced a plan to invest $20 billion in its renewable energy sector, aiming to increase its share of…