Egypt halts summer power cuts
Egypt will halt its energy consumption rationing plan starting Sunday, July 21st, lasting until mid-September, the…
Egypt’s IMF meeting pushed to July 29 – PM
Egypt maintains a robust relationship with the International Monetary Fund (IMF) despite the postponement of the…
Gold hits record high again on Thursday
Gold prices rose on Thursday, nearing the recent record high.
Egypt’s c.bank, France’s AFD sign MoU to promote sustainable finance
The Central Bank of Egypt (CBE) signed on Wednesday a memorandum of understanding (MoU) with the French Development…
EGX ends higher on July 17
Egypt’s Stock Exchange (EGX) closed mixed on Tuesday, with the main index, EGX30 climbing by 1.84 per cent, to…
TotalEnergies sells $860m stake in Nigeria onshore oil
TotalEnergies sells 10 per cent stake in Nigerian oil and gas licenses to Chappal Energies for $860 million.
S. African retail sales inch up 0.8% YoY in May
Statistics South Africa released retail sales data on Wednesday, showing a modest year-on-year increase but a…
Asian bonds see foreign inflows for 2nd month
Foreign investors increased their bond purchases in Asian markets for the second month in a row in June, buoyed by…
Chinese solar panel manufacturers invest in US facilities
Several major Chinese solar panel manufacturers are significantly expanding their operations in the United States,…
WTO questions China’s lack of transparency in industrial support
The World Trade Organisation (WTO) stated that it lacked transparency in understanding China's financial support.
