European stocks inch up on Nvidia’s upbeat forecasts
European stocks saw slight gains on Thursday following optimistic forecasts from Nvidia, boosting global…
France’s economy sees unexpected private sector contraction
France's private sector unexpectedly contracted in May after showing growth in April, with both the services and…
EGP fluctuates against USD in early Thursday trading
The Egyptian Pound (EGP) showed fluctuations against the US Dollar (USD) at the market opening on Thursday, May 23,…
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…
