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Egypt streamlines processes to offer attractive investment climate
The Ministry of Investment and Foreign Trade is enhancing Egypt’s investment climate by streamlining processes and…
Google loses appeal against €2.42b EU antitrust fine
Alphabet's Google has lost its appeal against a 2.42 billion euro ($2.7 billion) fine imposed by EU antitrust…
Chinese exports spike 8.7% in August ’24
China's exports surged 8.7 per cent year-on-year in August 2024, marking the fastest growth in nearly 18 months, as…
EGX off Sunday in celebration of Islamic holiday
The Egyptian Exchange (EGX) has announced that Sunday, September 15 will be an official holiday in celebration of…
Russia’s trade surplus up 20.25% YoY
Russia's foreign trade surplus surged by 20.25 per cent year-on-year to $87.9 billion for January-July 2024,…
IFC partners w/ BPR Bank Rwanda to enhance SME financing
The International Finance Corporation (IFC) has announced a financing package of up to $60 million, equivalent to…
Egypt’s gold prices fall on Tuesday
Egypt’s gold prices saw a decline of 0.15 per cent across all carats on Tuesday at 12:30 pm CLT (9:30 GMT) compared…
Germany’s inflation drops to 1.9%, lowest since 2021
Germany’s inflation rate in August 2024 slowed to 1.9 per cent year-on-year, the first time it fell below 2 per…
IMF forecasts 6% growth for Uganda in ’24
The International Monetary Fund (IMF) concluded its 2024 Article IV Consultation with Uganda, forecasting robust…
UK wage growth surge in May-July ’24
Annual growth in UK employees’ average weekly earnings (excluding bonuses) reached 5.1 per cent in the May to July…