Gulf stock market briefing 21-3-2023
The gulf stock market had a slight increase in its main indices on Tuesday, while Abu Dhabi Securities Exchange…
EFG Hermes publishes 4th issue of valU bonds for EGP 856.5 million
Egypt's investment bank, EFG Hermes has published on Tuesday the 4th issue of the securitisation bonds to its…
Egypt postpones Telecom Egypt’s stake sale amid market volatility
Egypt has decided to postpones the sale of a stake in Telecom Egypt until the global markets’ conditions stabilise,…
UN climate report sends the final warning
A top United Nations panel of scientists stressed on Monday the urgency to adopt responsible climate actions,…
BSH builds its first plant in Egypt with €50 mln investment
BSH Home Appliances, a subsidiary of German Bosch, has announced on Monday the groundbreaking of its first factory…
Egyptian Exchange Briefing 21/03/2023
The Egyptian exchange witnessed a remarkable incline in the majority of its indices, including the main index, EGX…
Europe’s new vehicles sales rise 12% in February
Europe's auto sales increased by 12 percent last month for a seventh straight month, aided by strong growth in the…
Nvidia set to unveil new AI at annual conference
Nvidia Corp is expected to disclose new artificial intelligence chips and technologies at the company's annual…
South Korea to revive Japan’s preferential trade status
South Korean President, Yoon Suk Yeol stated on Tuesday his government will take the measures needed to restore…
Germany sees progress in EU ban on fossil fuel cars
The German Ministry of Transport said on Monday that talks with the European Commission to end production of…
