UPDATE: Saudi Aramco share sale exceeds initial target
Saudi Arabia's Aramco share offering surpassed initial targets, potentially raising up to $13.1 billion and testing…
Nvidia to roll out next-gen AI chip platform in ’26
Nvidia Chief Executive Jensen Huang announced on Sunday that the company's next-generation artificial intelligence…
Egypt’s stock market dips slightly on June 2nd
Egypt's stock market (EGX) closed slightly lower on Sunday, with all three major indices experiencing minor…
Sri Lanka offers concessionary loans to struggling SMEs
The Sri Lankan government will offer loans with a 7 per cent concessionary interest rate to small- and medium-scale…
EGP declines against USD on Sunday – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Egypt sets EGP 5b investment plan for Damietta governorate
Egypt's Ministry of Planning and Economic Development allocated five billion Egyptian pounds for an investment plan…
Harbour Energy signs deal to acquire Wintershall Dea’s Egypt upstream assets
British energy company Harbour Energy has signed on Sunday an agreement to finalise the acquisition of Wintershall…
Egypt’s industrial land allocations soar by 40% in FY ’23-24
Egypt's IDA reported a 40 per cent increase in industrial land allocation for the 2023/2024 fiscal year compared to…
Russia eases forex sales rules for rouble contracts
Russian government eases foreign currency sales rule for exporters amid rouble concerns, Reuters reported on…
Egypt-FAO pact on 4,000 economic empowerment projects
Egypt's Ministry of Social Solidarity and the FAO are working together on 4,000 agriculture and livestock projects…
