Chines textile giant plans $500m complex in Egypt
Jiangsu Lianfa Textile Co., Ltd., one of the largest companies in the textile and ready-made garments sector both…
Egypt’s GASC secures edible oil contract
The General Authority for Supply Commodities (GASC) has secured a contract for 36,600 tons of imported crude…
Egypt targets 6.5% GDP growth by ’30
Egypt aims to achieve a GDP growth rate of 4.2 per cent in the fiscal year 2024/2025, increase it to 5.5 per cent…
China’s jet fuel demand boosts refiners
China's Jet fuel demand is recovering as flights resume, relieving refiners facing low diesel and gasoline…
Philippines c. bank lifts moratorium on digital banks
The Central Bank of the Philippines (BSP) lifted its moratorium on new digital banking licenses effective January…
URGENT: Egypt’s monthly inflation slows to 0.5% in July
Egypt's general consumer price index (CPI) reached 226.7 points in July, registering an inflation rate of 0.5 per…
China sets new standards for emissions
China is set to issue 70 national standards for carbon footprints, energy efficiency and consumption, and carbon…
Oil up in early Thursday trade
Oil prices rose for the third consecutive session on Thursday following a significant drop in US crude stockpiles.…
ASEAN aims for world’s 4th largest economy by ’30
The Association of Southeast Asian Nations (ASEAN) is poised to become the world's fourth-largest economy by 2030.
H2O offers €250m to investors, exits UK
Asset manager H2O has agreed to pay €250 million ($273 million) to investors trapped in its funds since 2020 and…
