Oil drops as tensions in Middle East eased, leading to decline in market premiums
Oil prices dropped as tensions in the Middle East eased, leading to a decline in market premiums.
Ukraine to propose $20b debt rework to bondholders by May
Ukraine is preparing to present a proposal to international bondholders for restructuring its $20 billion debt by…
Egypt’s gold prices witness minor drop on Monday
Egypt’s gold prices saw a minor decline on Monday at 12:00 pm, compared to April 21st.
Egypt issues EGP 6b zero coupon t-bonds
The Central Bank of Egypt (CBE) announced the issuance of six billion Egyptian pounds in zero-coupon treasury bonds…
European shares rise as investors await bank earnings reports
European shares saw a slight increase on Monday, with the STOXX 600 index rising by 0.2 per cent by 0828 GMT,…
Gulf stocks mostly rise on Monday as Mideast tensions cool
Stock markets across the Gulf region staged a partial recovery on Monday, clawing back some of the losses incurred…
Egypt sees $400m in budget support from UK – minister
Egypt is anticipating a $400 million infusion in budget support from the UK over two years, marking the latest…
European banks face interest rate test in earnings reports
Investors are eagerly awaiting the first quarter earnings reports from major European banks, starting with…
China’s EV market to see price war due to oversupply
China's electric vehicle (EV) market is expected to see a fierce price war erupt this year as supply outpaces…
BoE rate futures to see first cut in August
Interest rate futures were fully factored in on Monday in an initial quarter-point interest rate reduction by the…
