Philippines sustains EV boost with extended zero tariff
The Philippines has extended its zero-tariff policy on electric vehicles (EVs) and their parts until 2028, aimed at…
US retail sales remain stagnant in April
US retail sales remained stagnant in April unexpectedly, as elevated gasoline prices diverted consumer spending…
Egypt tightens payment rules on real estate sales to foreigners
Egypt is implementing stricter regulations on real estate sales to foreigners, as Egyptian Justice Minister Omar…
Eurozone mortgages manageable amid high rates – ECB
The European Central Bank (ECB) reported on Wednesday that stress in the eurozone home loan market is "manageable"…
Egypt’s unemployment rate dips to 6.7% in Q1 ’24 – CAPMAS
Egypt's unemployment rate edged down to 6.7 per cent in the first quarter of 2024, marking a slight decline of 0.2…
Egypt secures $10b in FDI for wind power plant – cabinet
Egypt's NREA signed a site receipt protocol for a $10 billion wind power plant project in West Sohag, attracting…
UREGENT: US inflation up 0.3% in April
US Consumer Price Index for All Urban Consumers (CPI-U) rose to 0.3 per cent in April, following a 0.4 per cent…
Egypt receives 2nd batch for Ras Al Hekma – PM
Egypt received the second instalment of the Ras El Hikma development and development deal, amounting to $14…
EGX closes mixed on May 15th
Egypt’s stock market (EGX) closed mixed on Wednesday. The main index, EGX30 sunk by 0.09 per cent, to 25,316.08…
EGP marginally up against USD – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
