Featured CBR key rate falls short of ’24 inflation target – VTB official Aya El Sayed May 29, 2024 0 The Central Bank of Russia's (CBR) current key interest rate of 16 per cent is insufficient to reduce inflation to…
Featured EU begins screening Ukraine, Moldova on economic policy Aya El Sayed May 29, 2024 0 The European Commission initiated the first stage of the official screening process for Ukraine and Moldova in…
International News Indian rupee slips against US dollar on Wednesday Nada Ali May 29, 2024 0 The Indian rupee fell sharply against the US dollar on Wednesday at 83.3450.
Featured Egyptian Cabinet approves Al Ahly Capital investment zone Aya Anwar May 29, 2024 0 The Egyptian cabinet has granted the Al Ahly for Industrial Development Company a license to establish an…
Energy Japan approves 20-year extension for 2 nuclear reactors Aya El Sayed May 29, 2024 0 Japan's nuclear regulator has approved the No. 3 and 4 reactors at the Takahama nuclear plant to operate for an…
Featured EGP closes high against USD on Wednesday Aya El Sayed May 29, 2024 0 The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Featured Egypt’s Cabinet approves association of MAFI special free zone Aya Anwar May 29, 2024 0 The Egyptian Cabinet approved a project proposed to establish a special free zone, MAFI Company for Agricultural…
Featured China targets 130 million metric ton CO2 cut in new action plan Aya El Sayed May 29, 2024 0 China unveiled its 2024-2025 carbon reduction action plan on Wednesday, targeting a reduction of approximately 130…
Energy ConocoPhillips to buy Marathon Oil in all-stock deal Aya Anwar May 29, 2024 0 ConocoPhillips is set to acquire Marathon Oil in an all-stock agreement valued at around $17.1 billion. The total…
Banks BOJ hints rate hike as yen falls Nada Ali May 29, 2024 0 The Bank of Japan (BOJ) is signaling a potential shift in its ultra-loose monetary policy as a weakening yen raises…