Expobank completes sale of HSBC’s Russian operations
HSBC has finalised the sale of its Russian unit to Expobank, ending two years of negotiations, Reuters reported on…
Shell, ExxonMobil near $500m deal
Shell and Exxon Mobil are nearing a deal to sell their jointly-owned gas fields in the southern North Sea to…
Africa’s economies to grow 3.7% in ’24, 4.3% in ’25 – AfDB chair
Africa's economic growth is poised to accelerate to 3.7 per cent this year and 4.3 per cent next, up from 3.1 per…
Turkey ranks 11th globally in renewable energy capacity
Turkey climbs to 11th place globally in renewable energy capacity, reaching 58,462 megawatts, Turkish Energy…
IMF forecasts 3% economic growth in Gabon
The IMF Executive Board wrapped up its 2024 Article IV consultation with Gabon, noting the country's resilient…
Biden administration moves beyond wind, solar tax credits
The Biden administration has proposed expanding tax credits to encompass a broader array of clean energy…
India set to resume wheat imports after 6 yrs
India plans to resume wheat imports after a six-year gap to replenish reserves and control domestic prices.
EGX closes red on May 29th
Egypt’s stock market (EGX) closed red on Wednesday. The main index, EGX30 sunk by 0.39 per cent, to 27,089.68…
German inflation hits 2.8% in May
German inflation exceeded expectations, reaching 2.8 per cent in May, according to preliminary data from the…
China offers co-operation on Estonia subsea cable probe
China's Foreign Ministry offered to co-operate in investigating a Chinese ship suspected of damaging undersea…
