Oil surges to 5m peak in early Tuesday trade
Oil surged to a fresh five-month peak, propelled by escalating geopolitical tensions in the Middle East and reduced…
China holds key to Africa’s green revolution
China, Africa’s main trade partner, has the potential to lead Africa’s energy revolution but must first address its…
Reserve Bank of Australia vows to maintain liquidity for smooth financial system
Australia's central bank, vows to maintain liquidity to ensure smooth financial system operations as pandemic-era…
WB upgrades Sri Lanka’s growth outlook to 2.2% in ’24
The World Bank (WB) upgraded its forecast for Sri Lanka's economy, predicting 2.2 per cent growth in 2024 as the…
German inflation to dip below ECB target – Ifo
German companies experienced a decline in price expectations in March, hitting a three-year low, according to the…
Japan approves extra $3.9b in aid to chip startup Rapidus
Japan's industry ministry approved subsidies of up to 590 billion yen ($3.9 billion) for chip foundry venture…
EGP nudges down against USD at market opening on Tuesday
The exchange rate of the US dollar against the Egyptian pound saw a decrease at the market open on Tuesday, April…
Egypt’s c. bank offers fixed-rate EGP 150b deposits
The Central Bank of Egypt (CBE) offered on Tuesday fixed-rate deposits at 27.75 per cent for six days, totalling…
Asian markets up on Tuesday
Asian stocks rose on Tuesday, with the dollar strengthening and the yen hovering near the 152-per-dollar level,…
IMF to complete 3rd review of Egypt’s recovery programme at June-end
The third review of the reform program in Egypt would be completed by the end of June, followed by the disbursement…
