Eurozone wage slowdown favours rate cut
The European Central Bank (ECB) is increasingly optimistic that by mid-2025, inflation will decrease to its 2 per…
Gulf stocks fall on Wednesday due to lower oil prices
Gulf stock markets fell on Wednesday due to declining oil prices, influenced by a rise in US crude stockpiles and…
German property lenders foresee modest rebound in real estate in ’24
German property lenders foresee a modest rebound in real estate financing this year following a significant…
Egypt targets 4% GDP growth in FY24/25 budget
Egypt's Finance Minister, Mohamed Maait, unveiled the final key indicators of Egypt’s draft budget for the fiscal…
Egypt’s FX revenues fall 24% in 2022-2023
Egypt's foreign exchange revenues totalled $121.9 billion in 2022-2023, down 24 per cent from $160.5 billion in…
Egypt pays 20% of oil firm FX dues – PM
Mostafa Madbouly emphasised the state's commitment to taking intensive steps to resolve dues owed to foreign…
Australia’s inflation holds steady at 3.4%
Australia’s inflation rate stayed consistent for the third month in a row in February, the Australian Bureau of…
British businesses to scale back staffing, wage increase plans – poll
British businesses are scaling back their staffing and wage increase plans this month, possibly due to the looming…
China’s industrial profits up 10.2% in first 2m
China's industrial profits surged 10.2 per cent in the first two months of the year, rebounding from a 2.3 per cent…
LG Group considers 100t won investment in next 5 yrs
LG Group, a South Korean conglomerate, plans to invest 100 trillion won ($74.42 billion) in the country over the…
