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United Bank’s private offering oversubscribed 1.05 times
The private offering of United Bank of Egypt’s shares was 1.05 times oversubscribed on its first day, just minutes…
Vietnam limits loans to 30% of $67b high-speed rail project
Vietnam plans to primarily use state funding to construct a $67 billion high-speed rail line connecting the…
Bitcoin gains 2%, reaching new high
Bitcoin surged for the second consecutive day on Wednesday, rising 2.03 per cent to reach $94,293.87 at 8:43 AM ET…
EGX ends mostly in red on Nov 20
Egypt’s stock exchange (EGX) closed mixed on Wednesday, with the main index, EGX30 tumbling by 0.33 per cent, to…
Japan to invest $1.28b in semiconductor startup Rapids
The Japanese government is set to invest 200 billion yen ($1.28 billion) in semiconductor startup Rapidus during…
Egypt’s FRA approves United Bank’s IPO on EGX
Egypt's Egyptian Financial Supervisory Authority (FRA) has approved the listing of The United Bank on the Egyptian…
Nokia secures deal to boost 5G network in India
Nokia secured a multi-year, multi-billion-dollar extension deal with Bharti Airtel to further expand and modernise…
UK producer prices continue declines in Oct. ’24
UK producer input prices fell by 2.3 per cent year-on-year in October 2024, following a revised decline of 1.9 per…
EGP slips vs. USD at Wednesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
S. Africa’s annual inflation hits lowest since June ’20
South Africa's inflation slowed to 2.8 per cent in the 12 months to October 2024, down from 3.8 per cent in…
