EGP nudges up against USD on Wednesday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
S. Arabia’s AI fund open to divest from China at US request
The head of Saudi Arabia's new $100 billion tech investment fund, Alat, signaled a willingness to sever ties with…
Germany’s EnBW strikes 15-year supply deal w/ UAE’s ADNOC
German utility company EnBW announced the signing of a 15-year liquefied natural gas (LNG) contract with Abu Dhabi…
BOJ’s governor signals potential rate hikes
The Bank of Japan (BOJ) governor Kazuo Ueda hinted at a potential shift in monetary policy on Wednesday.
Microsoft to build $3.3b data centre in Wisconsin
US President Joe Biden is set to visit the political battleground state of Wisconsin on Wednesday, where he will…
Ukraine’s DTEK to expand in Europe with LNG venture
Ukraine's energy company DTEK's trading arm is gearing up to enhance its workforce and venture into the liquefied…
iPhone shipments in China rebound in March
Chinese iPhone shipments surged by 12 per cent in March, indicating that Apple's efforts to revive its struggling…
Lebanon’s private sector contracts amidst geopolitical unrest – PMI
Lebanon's private sector faced its steepest decline this year, with the BLOM Lebanon PMI survey reporting a rapid…
Egypt’s gold prices steady in midday trading
Egypt’s local gold prices remained relatively flat during midday trade on Wednesday, hovering around the average…
China’s hydropower dives to 9% in Q1’ 24
China's hydropower generation experienced a significant setback in the first quarter of 2024, reaching its lowest…
