Gold gleams despite rate hike expectations
Gold prices climbed on Thursday, defying expectations of pressure from rising US interest rates.
European chemical industry braces for significant change
The European chemicals sector is bracing for a period of significant change, caught between the headwinds of…
Egypt’s regulators approve 2nd gold mutual fund
Beltone EvoGold Fund for gold investment Saba'ak (Alloys), the second gold fund for 2024 was approved by the…
ITIDA reports on most in-demand jobs in Egypt’s ICT, offshoring market
The Information Technology Industry Development Agency (ITIDA), part of the Egyptian Ministry of Communications,…
Ethiopia-Djibouti railway earns $50m in 9 months
The China-built Ethiopia-Djibouti railway has been successful, generating 2.84 billion Ethiopian birrs ($50…
Morgan Stanley enters bond market post Q1 revenues announcement
Morgan Stanley is entering the bond market just after announcing first-quarter revenue that surpassed expectations,…
EGP closes slightly higher against USD on Wednesday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Biden proposes tripling tariffs on Chinese steel, aluminium
President Joe Biden has unveiled a bold plan to triple tariffs on steel from China, aiming to safeguard American…
EU to sue Germany for breaking EU single market rules
The European Commission is anticipated to initiate legal action against Germany for imposing an additional charge…
ME tensions may alter inflation forecast – BoE’s Greene
Bank of England policymaker Megan Greene expressed concern on Wednesday that the ongoing unrest in the Middle East…
