Gulf stock markets surge in early trade on rate cut bets
Gulf stock markets rose on Thursday on optimism about potential US interest rate cuts, despite uncertainty about…
China’s Chongqing boosts NEV charging infrastructure
Southwest China's Chongqing Municipality announced ambitious plans to construct over 2,000 supercharging stations…
Gold looses momentum, hits $2,292.40 on Thursday
Gold prices surged to a record high on Thursday, reaching $2,292.40 per ounce at 8:30 am GTM.
Oil hits 5-month peak on early Thursday trade following OPEC+ decision
Oil surged to approach a five-month peak following OPEC+'s decision to uphold current production cuts until the end…
S. Arabia aims to attract $100b FDI by 2030 as investors still cautious
Saudi Arabia aims to increase foreign direct investment (FDI) to $100 billion annually by 2030, as foreign…
European stocks surge ahead of inflation figures
European stocks saw a slight increase on Thursday as investors eagerly awaited the release of an inflation report…
OPEC+ keeps output policy unchanged
OPEC+ ministers kept output policy unchanged due to the oil market aligning with the group's preferences,…
Thursday’s market opens on EGP’s rise vs. USD
The Egyptian Pound (EGP) experienced an upward trend against the US Dollar (USD) at the start of the market on…
Egypt’s c. bank issues EGP 50b T-bills
The Central Bank of Egypt (CBE) is auctioning 50 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
Egypt to purchase LNG to curb potential summer shortage
Egypt has initiated the purchase of liquefied natural gas (LNG), a notable departure for the typically exporting…
