Biden harshly hikes tariffs on Chinese imports to protect US businesses
The Biden administration has taken decisive action to protect US businesses by significantly increasing tariffs on…
German inflation up to 2.4% in April
German inflation rose to 2.4 per cent in April, up slightly from 2.3 per cent in March, the lowest rate in almost…
URGENT: OPEC+ 24-25 oil demand forecast unchanged
OPEC+ maintains oil movement forecast for 2024/2025 from last month, as per the group's monthly report released on…
General Motors Egypt mulls new industrial projects – ministry statement
Egypt's Minister of Trade and Industry met with a delegation from General Motors Egypt (GME) to discuss new…
IMF backs flexible yen, cautious rate hikes for Japan
The International Monetary Fund (IMF) threw its weight behind Japan's commitment to a flexible exchange rate for…
Kenya proposes tax on infrastructure bonds
The Kenyan government plans to implement a tax on interest earned from infrastructure bonds, potentially reaching…
Egypt’s gold prices drop on Tuesday
Egypt's gold prices saw a modest decline on Tuesday at 11:55 am compared to May 13th, with the average price across…
Egyptian pound vs dollar at midday trade on Tuesday
The Egyptian pound (EGP) witnessed slight fluctuations against the US Dollar (USD) during the midday trading on…
Oil steady in early Tuesday trade
Oil prices were steady on early Tuesday ahead of the release of an OPEC+ market outlook, as traders awaited signals…
India’s wholesale inflation jumps to 1.26% in April
India's wholesale price inflation hit a one-year high of 1.26 per cent in April, surpassing expectations and…
