Featured Egypt’s annual inflation drops to 27.4% in May – CAPMAS Aya Anwar Jun 10, 2024 0 Egypt’s Consumer Price Index (CPI) dropped by 0.8 per cent to 221.8 points in May compared to April, as per a…
Featured Japan’s economy shrinks 1.8% in Q1 Nada Ali Jun 10, 2024 0 Japan's economy contracted slightly less than expected in the first quarter, with GDP declining by 1.8 per cent on…
Featured Euro hits one-month low following Macron’s election call Aya El Sayed Jun 10, 2024 0 The euro dropped sharply on Monday, reaching a one-month low of $1.07485 after French President Emmanuel Macron…
The Watch Oil rises slightly on Monday Aya Anwar Jun 10, 2024 0 Oil rose slightly after a weekly decline, reflecting market adjustment to OPEC+'s decision to increase supply,…
Featured EGP steady against USD in Monday early trade Aya El Sayed Jun 10, 2024 0 The Egyptian Pound (EGP) remained stable against the US Dollar (USD) at the beginning of trading on Monday, June…
Commodities Gold prices hold steady after Friday’s sell-off Nada Ali Jun 10, 2024 0 Gold prices remained stable on Monday after a significant drop in the previous session due to better-than-expected…
Stocks Asian stocks slide on fading rate cut hopes Nada Ali Jun 10, 2024 0 Asian stocks dropped on Monday as investors scaled back expectations for Federal Reserve rate cuts this year.
Initiatives China’s Bank of Communications ramps up green lending Yomna Yasser Jun 9, 2024 0 The Bank of Communications, one of China's largest commercial banks, is increasing its financial support for the…
Energy Malaysia to increase diesel fuel prices by 50% on Monday Aya Anwar Jun 9, 2024 0 Diesel fuel prices across much of Malaysia are poised to surge by approximately 50 per cent come Monday, marking a…
Featured Qatar’s foreign reserves surge by 3.96% Aya Anwar Jun 9, 2024 0 The Qatar Central Bank (QCB) witnessed a 3.96 per cent year on year (YoY) surge in its foreign currency reserves…