Turkey inks $1b renewable energy support programme with W. Bank
The World Bank (WB) and Turkey have inked a deal for a $1 billion programme aimed at bolstering efforts to expand…
Dangote refinery seeks US crude boost
Nigeria’s recently established Dangote mega refinery, situated near Lagos, is aiming to procure millions of barrels…
S. African rand hits 5-m high
The South African rand surged to its highest level in five months on Thursday, buoyed by improving risk sentiment…
Taiwan’s tech sector surges 19.4% in April
Taiwan's technology sector is booming, with leading manufacturers reporting a strong 19.4 per cent year-on-year…
EGP closes slightly down against USD on Thursday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
EGX closes on green note on May 16th
Egypt’s stock market (EGX) closed green on Thursday. The main index, EGX30 jumped by 3.27 per cent, to 26,142.84…
Philippine c. bank keeps rates at 6.5%
The Philippine central bank kept the key interest rate at 6.50 per cent for the fifth meeting in a row, hinting at…
ECB’s rate framework shift may affect money market lending
The European Central Bank (ECB) has introduced a new interest rate framework that could potentially discourage…
Israel’s economy surges
Israel’s economic recovery surged at a rate comparable only to the post-coronavirus era, as investment,…
Chinese EVs makers seek refuge in Mexico, Brazil
Chinese EV manufacturers like BYD are increasing shipments to Mexico and Brazil due to expected tariffs and trade…
