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Industry & Trade
Sri Lanka slashes inflation to 2.5% in March
Sri Lanka's consumer price inflation dropped significantly to 2.5 per cent in March.
China budget spending grows by 7t yuan in Q1 ’24
China's Ministry of Finance reported on Monday that general public budget spending grew by 2.9 per cent…
Egypt’s SCZONE signs $297m usufruct deal for Chinese EAF project
Egypt's General Authority of the Suez Canal Economic Zone (SCZONE) signed on Monday a usufruct contract with the…
China’s EV market to see price war due to oversupply
China's electric vehicle (EV) market is expected to see a fierce price war erupt this year as supply outpaces…
Germany’s industrial production faces further decline in ’24 – BDI
Germany’s Federation of German Industries (BDI) warned on Monday that the country’s industrial production is likely…
Egypt resumes onion exports to Saudi Arabia – minister
Egypt has resumed onion exports to Saudi Arabia on April 1st, in conjunction with the start of the harvest season,…
Egypt’s cooking oil prices plunge 36% – ministry
Egypt's Ministry of Supply and Internal Trade has reduced the price of cooking oil by 14 per cent starting from…
Egypt imports 200K ton of sugar – minister
Egypt’s General Authority of Supply Commodities (GASC) has contracted for 200,000 tons of raw sugar to arrive from…
S. Arabia’s WAJA, AOI partner to build EVs in Egypt
Saudi Arabia’s WAJA signed a partnership with the Arab Organisation for Industrialisation (AOI) to establish an…
China begins carbon-14 isotope mass production
China has initiated the large-scale production of the carbon-14 isotope using a commercial nuclear reactor, as…