OPEC+ revises ’24 oil demand, supply forecasts
The Organization of the Petroleum Exporting Countries (OPEC+) has slightly revised its 2024 global oil demand…
EU pushes for AI factories to enhance AI competitiveness
The European Union (EU) has launched a call to establish AI factories, aimed at strengthening Europe's leadership…
China proposes EU talks to resolve EV trade dispute
China has renewed its offer for talks with the European Commission to address ongoing trade tensions and avoid…
AngloGold Ashanti acquires Centamin for $2.5b
AngloGold Ashanti is acquiring Centamin for approximately $2.5 billion. The deal offers Centamin shareholders a…
Egypt’s Nasser bank’s to expand into non-banking deals
The Financial Regulatory Authority (FRA) has added Nasser Social Bank to the list of institutions allowed to…
China’s foreign trade rises by 6% in 1st 8-m of ’24
China’s total goods imports and exports increased by 6 per cent year-on-year (YoY) in yuan terms (CNY) in the first…
European shares mixed ahead of ECB decision
European shares displayed mixed movements on Tuesday as investors awaited crucial economic data and a potential…
EGP up vs. USD on Tuesday – CBE
The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
Egypt streamlines processes to offer attractive investment climate
The Ministry of Investment and Foreign Trade is enhancing Egypt’s investment climate by streamlining processes and…
Google loses appeal against €2.42b EU antitrust fine
Alphabet's Google has lost its appeal against a 2.42 billion euro ($2.7 billion) fine imposed by EU antitrust…