S. Arabia’s non-oil exports up by 10.5% in Q2 ’24
Saudi Arabia's non-oil exports rose by 10.5 per cent in Q2 2024, driven by a 39.1 per cent surge in re-exported…
Egypt secures €200m for luxury trains from Spain
President Abdel Fattah El-Sisi approved on Thursday a credit facility agreement between the Egyptian government and…
China launches anti-subsidy probe on EU dairy imports
China has initiated an anti-subsidy investigation into dairy imports from the European Union (EU), targeting…
Xiaomi eyes global EV leadership
Xiaomi Corp. is focusing on expanding its electric vehicle (EV) division, even at the expense of short-term…
Oil steady on Thursday
Oil prices steadied near the lowest levels since January as concerns about a potential US economic slowdown…
German exports to non-EU countries dip in July
German exports to countries outside the European Union experienced a minor decline of 0.2 per cent in July 2024,…
EGP stable vs. USD in early trade
The Egyptian Pound (EGP) remained stable against the US Dollar (USD) as trading began on Thursday, August 22, 2024.
URGENT: Most Fed officials leaning towards rate cut in Sept – minutes
US Federal Reserve policymakers are leaning towards reducing interest rates at their next meeting in September,…
URGENT: Egypt c. bank denies restricting FX withdrawals
The Central Bank of Egypt (CBE) has categorically denied recent rumors circulating on social media and some news…
Aman secures EGP100m SME funding deal from MSMEDA
The Small, Medium, and Micro Enterprises Development Authority (MSMEDA) has secured a new funding agreement of 100…