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Bank of Russia to tighten policy amid inflation concerns
The Bank of Russia has indicated the need for additional tightening of monetary conditions to curb inflationary…
Australia-UAE trade deal cuts tariffs on 99% of products
Australia announced a new trade agreement with the United Arab Emirates (UAE) on Tuesday, eliminating tariffs for…
EGP swings against USD in early Tuesday trade
The Egyptian pound (EGP) experienced variations against the US dollar (USD) as trading opened on Tuesday, September…
Global economy embraces central bank digital currencies
A total of 134 countries, representing 98 per cent of the global economy, are now exploring digital versions of…
Oil prices climb on Tuesday amid Hurricane concerns
Oil prices continued their upward trajectory on Tuesday due to concerns about US production disruptions caused by…
Gold prices fall slightly await Fed rate cut decision
Gold prices experienced a slight decline in early trading on Tuesday amid growing conviction that the Federal…
Asian stocks rise amid anticipation of Fed rate cut
Asian stocks rose on Tuesday, putting pressure on the dollar and US Treasury yields.
Saudi Arabia’s PIF to inject $5b investment in Egypt
Saudi Arabia's Crown Prince Mohammed bin Salman said on Monday the kingdom's sovereign wealth fund, the Public…
Fitch upgrades Tunisia’s credit rating to CCC+
Fitch Ratings upgraded on Monday Tunisia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from…
Nigeria’s inflation continues to ease in August
Nigeria's headline inflation rate eased slightly in August 2024, decelerating from 33.40 per cent in July to 32.15…