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China’s c. bank issues 470.1b yuan off reverse repo
People’s Bank of China (PBC) announced a seven-day 470.1 billion-yuan reverse repo on Thursday at an interest rate…
Gold prices surge amid geopolitical tensions
Gold prices increased for the fourth consecutive day on Thursday due to safe-haven demand amid rising tensions in…
Asian stocks drop as Nvidia disappoints investors
Asian stocks dropped on Thursday as Nvidia reported slower revenue growth and disappointing investors.
IMF concludes 4th review in Egypt, applauds reform progress amid external pressures
An International Monetary Fund (IMF) mission, led by Ivanna Vladkova Hollar, concluded its visit to Egypt on…
EBRD unveils $21.3m loan for wind farm expansion in Egypt
The European Bank for Reconstruction and Development (EBRD) announced a $21.3 million concessional loan to expand a…
UAE’s AD Ports to develop industrial zone in East Port Said
Egypt signed a memorandum of understanding on Wednesday with Abu Dhabi's AD Ports Group to establish, develop, and…
Egypt, UAE’s Masdar sign landmark solar energy MoUs
Future of Egypt for Sustainable Development Authority signed on Wednesday memoranda of understanding with Abu Dhabi…
Egypt, UAE, China sign MoU to build 2 solar energy manufacturing plants
Egypt, the United Arab Emirates (UAE), and China signed on Wednesday a memorandum of understanding (MoU) to…
Norway pledges $50m to ADB’s climate action catalyst fund
Norway has committed up to $50 million to the Asian Development Bank's (ADB) Climate Action Catalyst Fund (CACF), a…
Turkey’s Eroglu lays foundation of $51m project in Egypt’s Qantara West
Egypt's Suez Canal Economic Zone (SCZONE) marked a milestone on Wednesday with the foundation stone laying ceremony…
