Featured European shares up on Tuesday Aya El Sayed Aug 20, 2024 0 European shares edged up on Tuesday as investors held back from major trades ahead of significant eurozone economic…
Featured Euro area inflation ticks up to 2.6% in July Aya El Sayed Aug 20, 2024 0 The euro area’s annual inflation rate increased slightly to 2.6 per cent in July 2024 from 2.5 per cent in June, a…
Africa News Ghana begins construction of $12b oil refinery Aya Anwar Aug 20, 2024 0 Ghanaian President Nana Akufo-Addo has launched the construction of a 300,000 barrel-per-day oil refinery in…
Energy Egypt awards Maridive $17.8 million oil contract Aya Anwar Aug 20, 2024 0 Egypt's government rewards Maridive & Oil Service a one-year contract valued at $17.8 million to provide…
Commodities Egypt’s c.bank gives gold exporters 75-day payment relief Nada Ali Aug 20, 2024 0 The Central Bank of Egypt (CBE) extended the grace period for gold exports to return export revenues to 75 days, up…
Industry & Trade Vietnam posts $170m trade deficit in H1 – data Nada Ali Aug 20, 2024 0 Vietnam recorded a trade deficit of nearly $170 million in the first half of July 2024, with exports at $16.26…
International News Japan’s machinery orders fall 6% in June – Cabinet Nada Ali Aug 20, 2024 0 Japan’s machinery orders took a downturn in June, declining by six per cent compared to the previous month on a…
Featured EU approves €5b aid for new microchip plant in Dresden Aya El Sayed Aug 20, 2024 0 The European Commission on Tuesday approved, under EU State aid rules, a €5 billion ($5.5 billion) German measure…
Featured Egypt replaces diesel with solar to power oil wells Aya El Sayed Aug 20, 2024 0 The Egyptian General Petroleum Corporation (EGPC) has successfully launched several solar energy projects to…
Featured Euro area construction output rises in June 2024 Aya El Sayed Aug 20, 2024 0 Construction production increased by 1.7 per cent in the euro area and by 1.4 per cent in the EU in June 2024,…