German factory orders drop, stalling recovery
Germany's manufacturing sector experienced a fifth consecutive month of declining new orders in May 2024, with real…
IMF approves disbursement of $224.7m for DRC
The International Monetary Fund (IMF) Executive Board has concluded the 2024 Article IV consultation and the sixth…
Asia stocks soar on hopes of US rate cut
Asian stocks surged to 27-month highs on Thursday, buoyed by weaker US economic data that raised the likelihood of…
India’s solar growth slows to 6-year low in H1 ’24
India's solar power generation in the first half of 2024 grew at the slowest rate in six years, according to data…
EGP dips against USD at Thursday’s open
The Egyptian Pound (EGP) declined against the US Dollar (USD) at the start of trading on Thursday, July 4, 2024.
Egypt’s non-oil sector experiences business revival in June – PMI
Egypt's non-oil economy experienced a notable increase in new business volumes in June, marking the first rise…
Aramco, ADNOC eye Santos assets
Saudi Aramco and Abu Dhabi National Oil Co. (ADNOC) are considering bids for Santos Ltd., showing interest in the…
Dollar wavers on economic slowdown, yen near 38-year low
The dollar came under pressure due to US economic data indicating slowing growth on Thursday, offering slight…
Sterling gains on weak dollar, UK services growth
The pound strengthened on Wednesday, capitalising on a weakening dollar and a UK services sector report indicating…
China’s carbon prices decline on Wednesday
Carbon emissions allowances closed at 47.3 yuan ($6.5) per ton on Wednesday on the Guangzhou Emissions Exchange,…
