China’s yuan strengthens against dollar
China's yuan gained ground 11 pips to 7.1048 yuan per dollar on Wednesday.
China’s capital goods prices rise in mid-April
China's capital goods prices edged higher in mid-April compared to the beginning of the month.
Africa’s high debt service stalls 2030 agenda progress – UN
Africa is grappling with multiple crises, including a 183 per cent debt increase since 2010, quadruple the region’s…
EGX heads south on April 24th
Egypt’s stock market (EGX) closed red on Wednesday. The main index, EGX30 sunk by 3.21 per cent, to 25,917.59…
EGP closes high against USD on Wednesday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Abu Dhabi raises $5b from eurobond market after 3-yr hiatus
Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Egypt’s Cabinet approves creation of free zone, investment zone in Ras El Hekma
Egypt approved the establishment of a dedicated free zone and an international tourist port in Ras El Hekma, as per…
Egypt, China ink deal to build 2 clean dry bulk ships
Egypt's National Navigation Company (NNC) signed a contract for two state-of-the-art clean dry bulk ships with the…
Turkey’s c. bank to maintain current rates until Q4
Turkey's central bank plans to maintain its current policy rate of 50 per cent until the fourth quarter, Reuters…
OPEC+ expresses excitement over Namibia partnership
The Organization of the Petroleum Exporting Countries (OPEC+) expressed excitement about the prospect of Namibia…
