Egypt’s competition authority launches 1st annual conference
The Egyptian Competition Authority (ECA) kicked off its first annual conference on Sunday.
S. Arabia’s GDP declines by 1.7% in Q1
Saudi Arabia’s real GDP in the first quarter saw a 1.7 per cent decline compared to the same period of 2023,…
No Model Y ‘refresh’ is coming out this year – Tesla’s Musk
Tesla won't debut a refreshed Model Y this year, as per Chief Executive Elon Musk's recent post on X.
Volvo relocates China-made EV production to Belgium
Volvo Cars has begun relocating production of Chinese-manufactured electric vehicles to Belgium, anticipating a…
EGP nudges down in early Sunday Trade
The Egyptian Pound (EGP) nudged down against the US Dollar (USD) at the start of trading on Sunday, June 9, 2024.
Empowering Egypt’s expats: A national wealth deserving strategic investment
Egyptian expatriates are a major source of hard currency inflows. They have always been sending billions of dollars…
Egypt gets initial approval for $820m IMF loan disbursement
The International Monetary Fund (IMF) and Egypt have reached an initial agreement that would give the country an…
Nigeria’s NNPC receives Afreximbank $925M crude oil-backed loan
Afreximbank has allocated $925 million to Nigeria's state-owned NNPC as part of a syndicated $3.3 billion…
Kenya to use part of World Bank loan to repay debt
Kenya intends to allocate a portion of its World Bank budget support loan to fulfil a payment of approximately $500…
Egypt’s agricultural exports surge – ministry
Egypt's agricultural exports surged to record levels, as per the Egyptian Ministry of Agriculture and Land…
