Germany’s Scholz pushes for united EU banking
German Chancellor Olaf Scholz advocated on Tuesday for the completion of a European banking union, emphasising it…
Egypt’s external short-term debt falls to $29.4b by FY Q2 23/24 – CBE
Egypt's short-term debt decreased to $29.482 billion at the end of December 2023, compared to $30.26 billion at the…
iPhone sales drop 19% in China during Q1
Apple Inc.'s iPhone sales in China fell significantly during the first quarter of 2024, with 19 per cent…
Abu Dhabi to re-enter eurobond market after 3-yr absence
Abu Dhabi is entering the eurobond market for the first time in roughly three years, a move prompted by diminishing…
Wind energy outperforms fossil fuels in UK
For the first time on record, wind farms led the UK's electricity generation for two straight quarters, producing…
Egypt’s CBE offers EGP 6b zero coupon t-bonds
The Central Bank of Egypt (CBE) issued six billion Egyptian pounds in zero-coupon treasury bonds on Tuesday.
World Bank pauses $150m funding for Tanzanian tourism project
The World Bank halted $150 million funding for a Tanzanian tourism project, responding to long-standing appeals…
Swiss freeze on Russian assets dwindles to $6.36b in ’23
The Swiss authorities have reported a year-over-year decrease of 1.7 billion Swiss francs in the value of frozen…
India’s business activity booms in April
Indian businesses are seeing a significant increase in activity, with the fastest growth in almost 14 years…
China’s ’40 coal cutback falls short, threatens climate
China’s coal consumption, the largest in the world, will decrease by only one-third by 2040, according to a report…
