Featured Brazil’s Anfavea sales increases by 17.6% in April Aya Anwar May 8, 2024 0 Anfavea, the association representing automakers in Brazil, new vehicle sales increased by 17.6 per cent in April…
Industry & Trade Taiwan’s exports rise 4.3% in April Y-Y Nada Ali May 8, 2024 0 Taiwan's exports in April grew slower than expected, with a significant drop in demand from China overshadowing a…
Featured Mastercard, US banks test tokenised settlement Aya Anwar May 8, 2024 0 Mastercard Inc. is teaming up with some of the largest US banks to explore shared-ledger technology, enabling the…
Stocks EGX closes red on May 8th Aya Anwar May 8, 2024 0 Egypt’s stock market (EGX) closed red on Wednesday. The main index, EGX30 sunk by 1.67 per cent, to 25,988.93…
Africa News Nigeria opens oil blocks for intl. investment Aya Anwar May 8, 2024 0 Nigeria has extended an invitation to international investors possessing both financial prowess and technical…
News Toyota Motor plans Y4.9t investments in EVs, AI Nada Ali May 8, 2024 0 Toyota motor plans to invest 2 trillion yen in supply chain management and mobility solutions, including EVs and…
Africa News Zambia’s currency plunges to historic low vs USD Aya Anwar May 8, 2024 0 Zambia's kwacha plunged to a historic low against the US dollar On Wednesday, hitting 27.30, a manifestation of…
Africa News Microsoft closes down Nigeria’s Africa Development Centre Aya Anwar May 8, 2024 0 Microsoft Corporation has closed down the engineering division of its Africa Development Center in Nigeria, just…
Featured EGP nudges up against USD on Wednesday M.S. Salama May 8, 2024 0 The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Tech news S. Arabia’s AI fund open to divest from China at US request Nada Ali May 8, 2024 0 The head of Saudi Arabia's new $100 billion tech investment fund, Alat, signaled a willingness to sever ties with…