EGX closes in red area on April 22nd
Egypt’s stock market (EGX) closed red on Monday. The main index, EGX30 dropped by 1.67 per cent, to 28,144.22…
China budget spending grows by 7t yuan in Q1 ’24
China's Ministry of Finance reported on Monday that general public budget spending grew by 2.9 per cent…
China’s c. bank pumps 2b yuan to maintain banking sector
The People's Bank of China (PBC), injected a 2 billion-yuan ($281.5 million) liquidity into the banking system on…
Aramco mulls 10% stake in China’s Hengli Petrochemical
Saudi Aramco is in talks with Hengli Group Co., Ltd. about potentially acquiring a 10 per cent stake in the Chinse…
SoftBank to inject $960m into Japan’s AI development race
SoftBank is investing $960 million by 2025 to enhance its computing capabilities and become a leader in generative…
Egypt’s SCZONE signs $297m usufruct deal for Chinese EAF project
Egypt's General Authority of the Suez Canal Economic Zone (SCZONE) signed on Monday a usufruct contract with the…
ECB easing clears path for France’s budget overhaul
The European Central Bank’s (ECB) interest rate cuts will pave the way for France to implement much-needed budget…
China’s Q1 water conservancy investment climbs by 4.4%
China’s investment in water conservancy facilities increased by 4.4 per cent year on year, reaching 193.3 billion…
India navigates challenges with rate cut debate
India's quest for economic growth has hit a roadblock within its own monetary policy committee (MPC), with an…
Biden announces $7b in grants for solar projects on Earth Day
President Joe Biden marked Earth Day with a major announcement pledging $7 billion in federal grants for…
