Oil prices surge amid Middle East tensions
Oil prices surged more than one per cent on Thursday as escalating tensions in the Middle East and uncertainty…
Asian markets fall as US election jitters
Asian stocks fell on Thursday as uncertainty surrounding the upcoming US elections and rising US Treasury yields…
Eni to resume drilling at Egypt’s Zohr gas field in Dec – minister
Italian energy giant, Eni will resume drilling operations at Egypt’s Zohr gas field as the rig is expected to…
Egypt PM dismisses rumours of IMF-recommended currency float
The Egyptian government has categorically denied recent rumors suggesting that the International Monetary Fund…
IMF to begin 4th review of Egypt’s loan programme after annual meetings – PM
An International Monetary Fund (IMF) mission will begin its fourth review of Egypt's loan programme following the…
Mercedes-Benz to boost production in Egypt by 30% next year – Cabinet statement
Mercedes-Benz announced plans to increase its production in Egypt by 30 per cent next year, a statement by the…
US CFPB hits Goldman Sachs, Apple with over $89m penalties over consumer failures
The US Consumer Financial Protection Bureau (CFPB) is ordering Goldman Sachs to pay at least $19.8 million in…
Bank of Canada cuts policy rate by 50bps as inflation back around 2% target
Bank of Canada’s Governing Council decided on Wednesday to reduce the policy rate by 50 basis points as inflation…
World Bank to double agricultural commitments to $9b/year by ’30
The World Bank plans to double its annual investments in agricultural financing and businesses to $9 billion by…
Egypt signs 4 MoUs to boost oil, gas production
Egypt’s Ministry of Petroleum signed four crucial memoranda of understanding (MoUs) today to enhance oil and gas…
