Yen up against dollar in surprise move
The Japanese yen (JPY) made a strong recovery on Monday, gaining ground against the US dollar, which dropped from…
EGP slightly down against USD in early Monday trade
The Egyptian Pound (EGP) saw a decline against the US Dollar (USD) in early trading on Monday, April 29, 2024,…
Norway’s wealth fund falls behind climate targets
Norway’s $1.6 trillion sovereign wealth fund, the largest in the world, is under scrutiny for its failure to meet…
Tesla gets China’s mapping licence
China's internet giant Baidu has reached an agreement with Tesla that paves the way for the rollout of Tesla's Full…
Asian stocks rise, fed meeting in focus
Asian equity markets kicked off the week on a positive note, buoyed by Wall Street's strong performance on Friday,…
Hyundai, Kia team up with Baidu to develop connected cars
South Korean automakers Hyundai Motor and Kia Corp announced on Sunday that they have joined forces with Chinese…
US Venture Global LNG to initiate LNG operations by mid-24
Venture Global LNG Inc. is poised to initiate operations at its second liquefied natural gas (LNG) export site in…
AstraZeneca injects $50m in Egypt over four years
AstraZeneca doubled its capital in Egypt in 2023 and injected investments amounting to $50 million over the past…
S. Arabia’s NEOM secures $2.67b RCF
Saudi Arabia’s NEOM has secured a $2.67 billion revolving credit facility (RCF) from local lenders.
Turkey, ExxonMobil pact to curb reliance on Russian energy
Turkey and US energy giant ExxonMobil are in talks to explore a significant deal aimed at purchasing liquefied…
