China’s refining capacity sees expansion by 0.8 to 1.1m bpd by ’28 – EIA
China is set to increase its refining capacity by 0.8 to 1.1 million barrels per day (b/d) by 2028, according to…
Global refining capacity to grow 4.9m bpd by ’28 – EIA
The global refining capacity is expected to see significant growth, with estimates ranging from 2.6 million to 4.9…
US 30-year fixed-rate mortgage hit new low
The average rate on the popular U.S. 30-year fixed-rate mortgage has fallen to its lowest level since May 2023.…
Botswana central bank cuts interest rate by 25bps
The Monetary Policy Committee (MPC) of the Bank of Botswana on Thursday reduced the Monetary Policy Rate (MoPR) by…
Egypt govt aims for 65% private sector participation – PM
The private sector's contribution to Egypt's economic activity has surged from 27 per cent in 2022/2023 to 37 per…
Egypt plans to add 28 GW renewable energy in 5-7 years: PM
Egypt is rapidly expanding its renewable energy capacity, aiming to add over 4 gigawatts of new and renewable…
Egypt to unveil ‘revolutionary’ tax, investment measures in first half of Sept – PM
The Egyptian government is poised to announce a series of significant reforms aimed at stimulating investment and…
Qatar real estate trade volume hits QR164m in 1 week
Qatar's real estate sector recorded a trading volume of QR 164,585,647 in sales contracts during the period from…
Asia-Pacific exports rise on tech boom, supply-chain shifts – Fitch
Asia-Pacific (APAC) exports are gaining momentum, fueled by a tech boom and deepening regional integration,…
No urgency for rate cuts -ECB policymakers
European Central Bank (ECB) policymakers showed no urgency in cutting interest rates during their July meeting but…
