EGX sinks on April 6 as US tariffs spark global recession worries
The Egyptian Exchange (EGX) closed sharply lower on Sunday, as investor sentiment took a hit following sweeping US…
Indonesia to seek talks over US tariff, avoids retaliation
Indonesia will not retaliate against the 32 per cent tariff imposed by US President Donald Trump on its exports,…
Egyptian Pound falls against US Dollar at Sunday’s close
The Egyptian pound (EGP) dropped against the US dollar (USD) on Sunday, April 6, 2025, according to data from the…
Libya devalues dinar by 13.3%
Libya’s central bank devalued the national currency by 13.3 per cent on Sunday, setting the official exchange rate…
Egypt jumps to 6th globally on ’24 Mobile Money Regulatory Index
Egypt climbed 39 places to rank 6th globally on the 2024 Mobile Money Regulatory Index by GSMA, marking the highest…
Taiwan rules out reciprocal tariffs on US, pledges to lift trade barriers
Taiwan will not impose reciprocal trade tariffs on the United States, President Lai Ching-te said on Sunday, adding…
Jaguar Land Rover Halts US Shipments amid new Trump tariff on UK cars
Jaguar Land Rover (JLR) will suspend exports of its UK-manufactured vehicles to the United States for a month…
EU mobilises in 1st counterstrike against Trump tariffs
European Union countries are set to approve a first wave of retaliatory tariffs on up to $28 billion worth of US…
Qatar’s non-energy private sector expands in March ’25
Qatar's non-energy private sector showed a stronger improvement in business conditions in March, according to the…
OPEC+ reaffirms commitment to market stability with production adjustment
OPEC+ members Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to…