Goldman Sachs expects Egypt’s c. bank to cut rates
The Central Bank of Egypt (CBE) is poised to reevaluate interest rates, marking its first review since implementing…
Egypt’s CBE offers EGP 55b in T-bills
The Central Bank of Egypt (CBE) is offering 50 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
I Squared to invest $5b in Asia Pacific by ’27
Global infrastructure investor I Squared Capital plans to invest $5 billion in the Asia Pacific from 2025 to 2027,…
Gold prices slide 0.3% on Thursday
Gold prices fell for the third day in a row, dropping 0.3 per cent to $2,370.74 per ounce by 03:35 GMT.
Asian shares fall on concerns about inflation
Asian stock markets fell on Thursday due to mixed signals from central banks and concerns about inflation.
US Biogen agrees to acquire HI-Bio for $1.8b
US Biogen company agreed to acquire privately held Human Immunology Biosciences (HI-Bio) for up to $1.8 billion.
ADNOC plans stake sale in drilling unit
Abu Dhabi's ADNOC has announced plans to divest approximately 5.5 per cent of its stake in its drilling unit, over…
April sees 5.7% decline in Russian steel production
Russian steel production dropped by 5.7 per cent year-on-year to 6.2 million tonnes in April 2024, and the total…
German investments hampered by defence, social costs – minister
Defence, social spending, and interest payments are the ‘big blocks’ constraining the German budget, stated German…
Vivo Energy to increase S. Africa investment
Vivo Energy, backed by Vitol, will inject 10 billion rand ($550.79 million) into its South African operations…
