Mercedes-Benz to boost production in Egypt by 30% next year – Cabinet statement
Mercedes-Benz announced plans to increase its production in Egypt by 30 per cent next year, a statement by the…
US CFPB hits Goldman Sachs, Apple with over $89m penalties over consumer failures
The US Consumer Financial Protection Bureau (CFPB) is ordering Goldman Sachs to pay at least $19.8 million in…
Bank of Canada cuts policy rate by 50bps as inflation back around 2% target
Bank of Canada’s Governing Council decided on Wednesday to reduce the policy rate by 50 basis points as inflation…
World Bank to double agricultural commitments to $9b/year by ’30
The World Bank plans to double its annual investments in agricultural financing and businesses to $9 billion by…
Egypt signs 4 MoUs to boost oil, gas production
Egypt’s Ministry of Petroleum signed four crucial memoranda of understanding (MoUs) today to enhance oil and gas…
Putin: BRICS grain exchange could become full-fledged commodity exchange
Russian President Vladimir Putin has proposed that the BRICS grain exchange, initially suggested by Russia, could…
FAO to co-lead $109m of new pandemic fund projects
The Food and Agriculture Organisation (FAO) will co-lead the implementation of 21 new projects worth $109 million…
BRICS to form WTO consultation mechanism for fairer trade rules
BRICS member countries will establish a consultation mechanism to address World Trade Organisation (WTO) issues,…
Putin urges BRICS to combat climate agenda misuse
Russian President Vladimir Putin has called on BRICS countries to counteract the misuse of the climate agenda to…
BRICS to hold 36.7% of global economy by ’24 – Putin
BRICS countries will hold a 36.7 per cent share of the global economy on a purchasing power basis by 2024,…