EU-Russia trade dips in Q2 ’24
The European Union (EU) saw a significant decline in trade with Russia in the second quarter of 2024, with imports…
Turkey’s GDP growth to slow to 3.4% in ’24 – IMF
Turkey's GDP growth is projected to slow to 3.4 per cent in 2024, with inflation remaining around 43 per cent by…
Gold prices remain near record highs
Gold prices rose in Asian trade on Thursday, remaining close to record highs as a rebound in the US dollar cooled…
EGP flat vs. USD in early Thursday trade
The Egyptian pound (EGP) remained steady against the US Dollar (USD) at the start of trading on Thursday, August…
Egypt’s c. bank issues EGP 65b in T-bills
The Central Bank of Egypt (CBE) is offering 65 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
Asian stocks tumble on Nvidia earnings
Asian shares dropped on Thursday, following a dip in Wall Street futures, as Nvidia's latest financial results left…
Africa receives $4.61b in loans from China in ’23
Chinese lenders approved $4.61 billion in loans to Africa in 2023, the first annual increase since 2016, according…
Oil slightly down on Thursday
Oil prices steadied after a two-day decline, with stock market losses countering a drawdown in US stockpiles and…
PM: Egypt govt pledges support for increased petroleum investment
Egyptian Prime Minister Moustafa Madbouly convened a meeting on Wednesday to address the urgent needs of the…
US 30-year mortgage rates hit lowest point since April ’23
The average interest rate for the popular 30-year fixed-rate mortgage in the United States dropped to its lowest…