International News Goldman funds face $900m loss on Northvolt investment Nada Ali Nov 24, 2024 0 Goldman Sachs Asset Management funds are set to incur a significant loss of nearly $900 million on its investment…
EGX EGX closes mixed on Nov 24 Nada Ali Nov 24, 2024 0 Egypt’s stock exchange (EGX) closed mixed on Sunday, with the main index, EGX30 dropping by 0.77 per cent, to…
Featured EGP closes high vs. USD on Sunday Aya El Sayed Nov 24, 2024 0 The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
International News Vietnam’s car imports surge 37.5% in 10m Nada Ali Nov 24, 2024 0 Vietnam imported 142,794 completely built units (CBUs) in the first 10 months of 2024, marking a 37.5 per cent…
Featured EIB allocates €430m loan to boost Europe’s green transition Aya El Sayed Nov 24, 2024 0 The European Investment Bank (EIB) is providing a €430 million loan to SKF, a Sweden-based global leader in…
Egypt News Egypt, Korea collaborate to digitise public e-procurement system Nada Ali Nov 24, 2024 0 Egypt’s Finance Minister Ahmed Kouchouk said that the government is collaborating with Korean experts to modernise…
Featured Egypt denies LNG shipment disruptions, confirms regasification unit functioning smoothly Yomna Yasser Nov 24, 2024 0 Egypt’s Ministry of Petroleum and Mineral Resources on Saturday refuted media reports of technical malfunctions at…
Featured UK’s Starmer targets benefits bill with ‘radical reforms’ Aya El Sayed Nov 24, 2024 0 UK Prime Minister Keir Starmer has pledged to introduce "radical reforms" aimed at addressing the country's rising…
Featured UK firms face 1st decline in business activity in over a year Aya El Sayed Nov 24, 2024 0 UK private sector activity contracted in November, ending 12 months of growth, with the S&P Global Flash UK PMI…
Commodities Egypt’s gold prices edged up on Sunday Nada Ali Nov 24, 2024 0 Egypt’s gold prices increased on Sunday at 1:20 pm (11:20 GMT) compared to November 21st.