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EGX closes in red notes on Oct 2
Egypt’s stock exchange (EGX) closed in red on Wednesday, with the main index, EGX30 going down by 1.67 per cent, to…
Beijing’s stimulus sparks record hedge fund interest in Chinese stocks
Global hedge funds significantly increased their investments in Chinese equities backed by Beijing's…
US private sector employment grows by 143,000 jobs in Sept, pay up 4.7%
Private sector employment in the US rose by 143,000 jobs in September, while annual pay increased by 4.7 per cent,…
EGP down 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…
France plans spending cuts, tax hikes to ease budget deficit
France is set to implement approximately €60 billion ($66.4 billion) in spending cuts and tax hikes in 2025 as…
ETA signs tax cooperation agreement w/ BRICS
In a significant move to bolster international tax collaboration, Rasha Abdel Aal, Head of the Egyptian Tax…
Germany’s mechanical engineering incoming orders rise 7% Y-o-Y in August ’24
Germany's mechanical and plant engineering sector saw a 7 per cent increase in incoming orders in August 2024,…
Euro area unemployment rates stable in August ’24
The euro area’s seasonally adjusted unemployment rate remained stable at 6.4 per cent in August 2024, unchanged…
EBRD invests €5m in first Tier 3 subordinated bond by Slovenia’s Sava Re
The European Bank for Reconstruction and Development (EBRD) is investing €5 million in the inaugural debt capital…
Bangladesh sees remittance inflows up to $6.54b in Q1
Bangladeshi expatriates sent over $6.54 billion in remittances during the first quarter of the current fiscal year,…