Egyptian Exchange briefing 05/04/2023
The Egyptian Exchange witnessed an incline in its main index, EGX 30, by a percentage of 0.12 percent.
French bakeries under threat over energy bills hike
French bakeries are fighting to survive the ongoing inflation in electricity and fuels prices, with a huge threat…
TotalEnergies confirms Iraq deal on $27bln energy project
French oil major TotalEnergies confirmed on Tuesday that it had reached an agreement with the Iraqi government on a…
Twitter accused of legal violations during mass layoffs
Twitter Inc. faced a lawsuit on Tuesday accusing it of illegally laying off employees without notice.
Gold prices surge in Egypt
Gold prices in Egypt went back to increasing on Wednesday. Prices have been stable earlier throughout the week.
Biden offers $450M for clean energy projects
The White house announced on Tuesday that President Joe Biden is making $450 million funding for nationwide clean…
New Zealand’s central bank raises key rates to 5.25%
The Reserve Bank of New Zealand has hiked the country’s benchmark interest rate to be 5.25 percent, its 11th time…
Asian markets briefing 05/04/2023
The Asian markets witnessed an incline in the Chinese main index, SSEC, by 0.49 percent to 3,312.56.
Banque du Caire issues 3-year certificates of deposit at 22%
Banque du Caire has decided to issue a Prima Gold savings certificate for three years with a variable return,…
Apple to open first India store in Mumbai
Apple Inc. has announced on Wednesday the opening of its first retails store in India soon, in a landmark move for…
