German export conditions fall to 6-m low in July – PMI
Germany's export conditions hit a six-month low in July, according to the HCOB Germany Manufacturing PMI Export…
Poland should hold off on rate cuts – IMF’s Gottlieb
Poland should exercise caution before resuming interest rate cuts due to potential wage growth that could put…
Yen dips against dollar ahead of US inflation data
The yen weakened against the dollar on Monday in a more stable currency market following last week's volatility.
EGX closes mixed on August 12
Egypt’s stock market (EGX) closed mixed on Monday. The main index, EGX30 went up by 0.59 per cent, to 29,706.7…
Egypt, Rwanda sign pharmaceutical co-operation deal
The Egyptian Drug Authority (EDA) has formalised a partnership with its Rwandan counterpart, signing a Memorandum…
India’s Bharti Enterprises acquires 24.5% stake in BT
Indian conglomerate Bharti Enterprises has announced the acquisition of a 24.5 per cent stake in British…
India’s industrial growth slows in June – report
India's industrial output expanded at a slower-than-expected pace of 4.2 per cent year-on-year in June.
Germany’s wholesale prices dips 0.1% in July
Germany recorded a 0.1 per cent decrease in wholesale prices in July 2024, compared to the same month in 2023,…
Egypt to establish logistics zone in Rwanda
Egypt has secured a plot of land near Rwanda’s border with Tanzania for the establishment of a logistics zone.
Magdi Yacoub Rwanda-Egypt Heart Centre Phase I starts
The first phase of the Magdi Yacoub Rwanda-Egypt Heart Center was inaugurated on August 12. The ceremony, attended…
