Featured Eurozone May manufacturing PMI hits 14-month high Aya El Sayed Jun 5, 2024 0 The HCOB Eurozone Manufacturing PMI for May rose to 47.3, up from April's 45.7, marking a 14-month high, according…
Featured UAE non-oil business surge in May – PMI Aya Anwar Jun 5, 2024 0 UAE non-oil businesses saw a surge in activity in May, driven by strong sales pipelines and the aftermath of…
News Russia’s business activity declines in May, PMI shows Aya El Sayed Jun 5, 2024 0 Russia's business activity experienced a renewed decline in May, as the S&P Global Russia Services PMI showed…
International News China’s services sector surges 54.0% in May – Caixin PMI Nada Ali Jun 5, 2024 0 China's service economy saw a surge in activity in May, driven by a rise in new business and exports.
Egypt News Egypt’s PMI hits 33-month high Aya Anwar Jun 5, 2024 0 Egypt’s PMI surged to a 33-month peak in May, nearing growth territory due to reduced inflation pressures and…
Featured Wednesday opens with EGP edges up against USD Aya El Sayed Jun 5, 2024 0 The Egyptian Pound (EGP) saw a minor uptick against the US Dollar (USD) at the start of trading on Wednesday, June…
International News Australia’s GDP rose by 0.1% in Q1 ’24 Nada Ali Jun 5, 2024 0 Australia's economy grew by only 0.1 per cent in the first quarter, below expectations and raising concerns about a…
Commodities Gold up slightly as Fed rate cut bets rise Nada Ali Jun 5, 2024 0 Gold prices edged higher in Asian trade on Wednesday, but remained confined within a two-week range of $2,300 to…
Stocks Asian stock market gains on Wednesday Nada Ali Jun 5, 2024 0 Asian stocks rose on Wednesday, with MSCI's broadest index of Asia-Pacific shares outside Japan gaining 0.24 per…
Blockchain AI, blockchain, IT offshoring on agenda as Egypt & Hungary boost tech ties M.S. Salama Jun 5, 2024 0 The Information Technology Industry Development Agency (ITIDA) has hosted the Egyptian-Hungarian Business Forum in…