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URGENT
Air India jet crashes after takeoff
An Air India flight bound for London’s Gatwick airport crashed on Thursday shortly after takeoff from Ahmedabad,…
Egypt’s Khalda to start production from 2 new oil wells
Khalda Petroleum Company, which operates concessions in Egypt for US Apache Corp, is set to bring two new wells…
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…
Egypt unveils new 3-year export rebate programme
Egypt has unveiled Wednesday a new 3-year export subsidy rebate programme valued at 45 billion Egyptian pounds,…
Egypt’s Talaat Moustafa Group signs $3.9b real estate, tourism deal in Oman – Cabinet
Egypt’s Talaat Moustafa Group (TMG) signed a 1.5 billion Omani riyals ($3.9 billion) agreement with Oman’s Ministry…
US CPI-U eases, 2.3% up YoY in April
US consumer prices rose by 0.2 per cent in April after a 0.1 per cent drop in March, according to the US Bureau of…
Suez Canal offers 15% toll break for large vessels starting May 15
The Suez Canal Authority will offer a 15 per cent discount on transit tolls for large container vessels in a bid to…
Egypt unveils 3 new oil, gas discoveries in Western Desert, Gulf of Suez
Egypt has made three new oil and gas discoveries in the Western Desert and the Gulf of Suez, as the government…
US, China reach historic deal to ease tariffs
The US and China agreed on Monday to cut reciprocal tariffs and implement a 90-day pause on further trade measures,…
US Federal Reserve keeps interest rates steady at 4.25–4.5%
The US Federal Reserve’s Federal Open Market Committee (FOMC) decided to maintain the target range for the federal…