Saudi Arabia unemployment stands at 7.7% in Q4 -’23
The unemployment rate for Saudis stood at 7.7 per cent in Q4-2023, as reported by the General Authority for…
Wall Street banks warn of potential sell-off in Japan’s stocks
Japanese top-performing stocks are facing a potential sell-off due to overcrowded long positions in liquid and…
Mexico expects 2-3% economic growth in ’25
Mexico expects economic growth of 2-3 per cent in 2025, with a fiscal deficit of 2.5 per cent GDP.
EGP nudges down against USD at market opening
The Egyptian pound began with a downward trend against the US dollar on the market opening of Thursday, March 28,…
URGENT: No rush to cut policy rate – Fed board member
According to an official statement on the Fed's website, Christopher J. Waller, a member of the Federal Reserve…
Africa Energy Bank to start operating in ’24
The proposed Africa Energy Bank, focusing on oil and gas investments continent-wide, plans to commence operations…
EGX closes in red on March 27
Egypt’s stock exchange (EGX) closed all red on Wednesday, with the main index, EGX30 sliding by 2.87 per cent to…
China’s Huadian signs strategic partnership with Siemens Energy
Chinese state utility Huadian Group announced on Wednesday that it has signed a strategic partnership framework…
China’s EV BYD targets 3.6m units in sales during ’24
Chinese electric vehicle maker BYD has set a sales target of 3.6 million units for 2024, a 20 per cent increase…
Hyundai Motor plans to invest $51b over 3 yrs
Hyundai Motor Group announced a $51 billion investment over three years to enhance its electric vehicle and new…
