S&P Global: Aussie service sector slows in Sep. ’24
Australia's service sector growth slowed at the end of the third quarter of 2024, as new business growth decreased…
Japanese stocks rally as yen weakens on Thursday
Japanese stocks surged, and the yen plummeted on Thursday as investors reduced bets on further monetary policy…
Egypt issues Golden License for fertiliser plant
The Egyptian Cabinet has approved the grant of a golden license to the Egyptian Minerals & Salts Co. (EMISAL)…
Egypt greenlights $60m linen, textile free zone in Monufia
The Egyptian Cabinet has approved the establishment of a special free zone for "Kingdom for Flax Company" in Sadat…
Egypt’s Ministry of Foreign Affairs follows up preparations for WUF hosting
The Egyptian Ministry of Foreign Affairs on Wednesday held a meeting to discuss preparations for the country's…
US to award $100m to advance AI in semiconductor manufacturing
The US Department of Commerce announced on Wednesday plans to fund research into using artificial intelligence (AI)…
Danske Bank raises China’s GDP growth forecast to 5.2% in ’25
Danske Bank upgraded on Wednesday its growth forecast for China, citing the positive impact of recent stimulus…
CBE: 47.4 million Egyptians financially included as of March ’24
There have been 47.4 million Egyptians financially included as of March 2024, according to newly published data…
CBE: Egypt’s real GDP grows 2.4% in 9 months
Egypt’s real gross domestic product (GDP) grew 2.4 per cent during the period from July 2023 to March 2024,
CBE completes initial feasibility study for potential Egyptian CBDC
The Central Bank of Egypt (CBE) has completed the first phase of a study to explore the feasibility of issuing a…
