S&P PMI: H. Kong business activity falls in August ’24
The seasonally adjusted S&P Global Hong Kong SAR Purchasing Manager’s Index (PMI) was 49.4 in August, slightly…
EGX ends mostly higher on Sept 4
Egypt’s stock market (EGX) closed mixed on Wednesday. The main index, EGX30 went down by 0.07 per cent, to…
US trade deficit rises to $78.8b in July
The United States' international trade deficit in goods and services widened to $78.8 billion in July 2024, an…
Egypt’s c. bank to head African financial stability working group
The Assembly of Governors of the Association of African Central Banks (AACB) approved the Central Bank of Egypt…
China mulls mortgage rate cuts to boost economy
China is contemplating reducing interest rates on up to $5.3 trillion of mortgages in two phases to decrease…
Indonesia’s investment realisation surges in H1 ’24
Indonesia's investment realization has reached a remarkable 829.9 trillion rupiah ($53.61 billion) in the first…
S&P PMI: ASEAN manufacturing sector slightly down in August ’24
The S&P Global ASEAN Manufacturing Purchasing Managers' Index (PMI) decreased to 51.1 from 51.6 in July.
Africa c. bank heads approve Egypt c. bank’s bid for financial stability
The Assembly of Governors of the Association of African Central Banks (AACB) approved a proposal by the Central…
Enmaa Finance secures $3m to boost Egyptian exporters
Enmaa Finance Company secured a $3 million financing deal through international factoring to support Egyptian…
Egypt’s competition body approves 3 major acquisitions
The Egyptian Competition Authority (ECA) approved three acquisition deals spanning the fertiliser, medical, and…
