Guides & Analytics
EGX closes mixed on May 15th
Egypt’s stock market (EGX) closed mixed on Wednesday. The main index, EGX30 sunk by 0.09 per cent, to 25,316.08 points.
EGP marginally up against USD – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the Egyptian pound (EGP) on Wednesday.
India’s trade deficit widens to $19.1b in April
India's trade deficit in April widened to $19.1 billion, exceeding expectations and increasing from the $15.6 billion deficit in March.
Oil remains within narrow trading range on Wednesday
Oil remained within a narrow trading range on Wednesday as the International Energy Agency (IEA) revised down its forecast for 2024 demand growth by 140,000 barrels…
ECB urges new regulations for AI in finance
The European Central Bank (ECB) is calling for a close watch on the use of artificial intelligence (AI) in finance. While they acknowledge its potential benefits,…
PetroChina forecasts record LNG imports in ’24
China's LNG imports are poised to hit unprecedented levels in 2024, according to a projection by a PetroChina official.
Ukraine’s economy to grow by 3.0% in ’24 – EBRD
Ukraine’s economy is projected to grow by 3.0 per cent in 2024, as forecasted in the Regional Economic Prospects report released on Wednesday by the European Bank…
Lebanon’s GDP to grow by 0.2% in ’24 – report
Lebanon's economy is projected to experience minimal growth in 2024, at a sluggish 0.2 per cent.