Battery malfunction halts Ford’s F-150 Lightning production
Ford Motor will delay the production of its electric F-150 Lightning at least the end of next week, in order to…
Al Baraka Bank – Egypt 2022 pretax profit hits EGP 2.655 bln
Al Baraka Bank – Egypt reported on Sunday profit before tax of 2.655 billion Egyptian pounds ($87.1 million) during…
Nestlé to rise food prices in 2023
The world’s largest food group, Nestlé said on Thursday that the food prices will continue to rise throughout in…
Egypt’s EGX secures EGP 9bn last week
Egyptian Stock Exchange (EGX) has secured profits of nine billion Egyptian Pounds within last week’s trading…
Europe’s natural gas prices slump to 18-month low
European’s natural gas prices have tumbled to their lowest level in nearly 18 months, which shows that the region…
Egypt expects $8bn investments in oil sector during 2023
Egyptian Ministry of Petroleum is targeting investments of $8 billion in oil and gas sector and expecting Liquefied…
U.S. household debt reaches $16.90 trillion
U.S. household debt increased by 2.4 percent to record $16.90 trillion from October through December last year, the…
EFG Hermes drives brokerage trading in EGX by EGP 4.5bln in week
Egypt's investment bank EFG-Hermes has led the brokerage firms on Thursday with 4.5 billion Egyptian pounds in…
Egypt starts investor meeting for debut sukuk sale
Egypt has started on Friday meeting with investors ahead of a potential debut sale of Islamic bonds -- known as…
Eurozone GDP grows 1.9% in Q4 of 2022
Euro zone’s GDP recorded slight growth by 1.9 percent in the fourth quarter of 2022, according to the statistical…
