Abou Hashima El-Kheir Foundation, Beltone partner to boost Egyptian SMEs
The Abou Hashima El-Kheir Foundation and Beltone SMEs signed on Tuesday a co-operation protocol to jointly provide…
Egypt c.bank withdraws EGP938.750b in open market operations
The Central Bank of Egypt (CBE) on Tuesday withdrew 938.750 billion Egyptian pounds through an open market…
Egypt launches its voluntary carbon market, first in Africa
In a significant stride towards environmental sustainability and economic growth, Egypt unveiled its first…
US stocks open higher on Tuesday
US stocks opened higher on Tuesday morning (ET). At 09:56 ET (13:56 GMT), the Dow Jones rose 142.66 points, or 0.36…
India’s Adani to supply power to Bangladesh
Adani Power’s coal-fired power plant in Jharkhand, originally contracted to exclusively supply 1,600 megawatts (MW)…
Global oil demand up in Q2 ’24 – IEA
Global oil demand rose by 870,000 barrels per day (kb/d) in the second quarter of 2024, according to the…
EGX closes in red on August 13
Egypt’s stock market (EGX) closed in the red area on Tuesday. The main index, EGX30 sunk by 1.26 per cent, to…
President Sisi prioritises inflation control, social spending
Egypt’s President Abdel Fattah al-Sisi on Tuesday instructed government officials to prioritise tackling inflation…
US PPI up 0.1% in July
The US Producer Price Index (PPI) for final demand increased by 0.1 per cent in July 2024, seasonally adjusted, as…
Turkey’s Eroglu Garment starts building $40m garment factory in Egypt
The Suez Canal Economic Zone (SCZone) and Turkey's Eroglu Global Holding Group laid the foundation stone for a new…
