Featured Mexico’s inflation surges in June Aya Anwar Jun 24, 2024 0 Mexico's inflation surged in early June, surpassing expectations and pushing it further above the central bank's…
forex news Yen briefly jumps after hitting near 34-year low against dollar Nada Ali Jun 24, 2024 0 The Japanese yen experienced a brief surge on Monday after weakening close to the key 160 level against the US…
Featured China’s carbon prices decline on Monday Aya El Sayed Jun 24, 2024 0 Carbon emissions allowances closed at 48.90 yuan (approximately 6.87 US dollars) per tonne on Monday at the…
Energy EU expands sanctions on Russian Vessels Aya Anwar Jun 24, 2024 0 The European Union is expanding sanctions against Russia with 27 new vessels, including oil and LNG tankers, added…
EGX EGX closes mixed on June 24 Aya Anwar Jun 24, 2024 0 Egypt’s stock market (EGX) closed mixed on Monday. The main index, EGX30 went down by 0.59 per cent, to 26,902.4…
Banks Egypt secures $131m from AfDB Nada Ali Jun 24, 2024 0 Egypt's Ministry of International Cooperation recently signed an agreement with the AfDB worth $131 million to…
Featured EGP drops vs. USD on Monday – CBE Aya El Sayed Jun 24, 2024 0 The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Featured Foreign lenders eye Swiss market post UBS-Credit Suisse deal Aya El Sayed Jun 24, 2024 0 As Credit Suisse fades into history following its takeover by UBS, global banks are expanding their presence in…
Featured ADNOC pursues Covestro in €11.7b bid Aya Anwar Jun 24, 2024 0 Covestro AG is in advanced negotiations with Abu Dhabi National Oil Co. (ADNOC) regarding a potential takeover bid…
Egypt News Egypt’s SEMAF plant delivers 80 metro cars – cabinet Nada Ali Jun 24, 2024 0 The Arab Organisation for Industrialisation delivered domestic production of 80 metro cars by its subsidiary SEMAF…