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UK GDP growth stalls in July ’24
The UK’s real gross domestic product (GDP) remained flat in July 2024, mirroring the zero growth observed in June…
Trump promises major tariffs on Chinese goods if re-elected
US presidential candidate Donald Trump has announced plans to impose significant tariffs on foreign goods if…
IMF projects Ukraine economy to grow by 2.5-3.5% in ‘25
Ukraine’s economic growth is projected to range between 2.5 and 3.5 per cent through 2025, despite the ongoing…
Solomon Islands gets $35m boost for renewable energy
The Asian Development Bank (ADB) and the Government of Solomon Islands have launched a transformative renewable…
EGP dips vs. USD in Wednesday’s early trade
The Egyptian pound (EGP) saw a minor dip against the US dollar (USD) as trading began on Wednesday, September 11,…
ADB approves $100m loan for Lanka’s water reforms
The Asian Development Bank (ADB) has approved a $100 million loan to support Sri Lanka’s water supply and…
Egypt’s PM follows up progress of Ras El Hekma development Phase I
Egypt’s Prime Minister Moustafa Madbouly held a meeting to review the progress of the first phase of the Ras El…
US inflation-adjusted income rose in ’23 but poverty rate up – data
The US Census Bureau released on Monday data showing that inflation-adjusted household income increased in 2023,…
Egypt’s core inflation hits 25.1% Y-o-Y in August – CBE
Egypt’s core consumer price index (CPI) inflation recorded 25.1 per cent year-on-year in August 2024 compared with…
EGX closes in red on Sept 10
Egypt’s stock market (EGX) closed in the red area on Tuesday. The main index, EGX30 went down by 0.89 per cent, to…