US CPI-U up 0.4% in Feb.
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 per cent, following a 0.3 per cent rise in…
German shipowners press for carbon trading transparency
The German shipowners’ association VDR on Tuesday, called on the Berlin government to enact laws that would…
Egypt’s tourism development agency approves EGP 1.7b ’24-’25 budget
The Board of Directors of Egypt's General Authority for Tourism Development, approved the Authority’s draft budget…
EGX closes in red on March 12
Egypt’s stock market (EGX) closed all red on Tuesday. The main index, EGX30 dropped by 2.16 per cent, to 32,661.61…
US CarbonCapture raises $80m from investors
Los Angeles-based CarbonCapture has secured $80 million in funding from investors, including Saudi Aramco, Reuters…
Volvo revs up EV charging with Breathe Battery tech
Volvo Cars announced on Tuesday an investment in the UK-based startup Breathe Battery Technologies, to utilise the…
Goldman plans to expand credit portfolio to $300b
Goldman Sachs Asset Management, a unit of Goldman Sachs Group, plans to grow its private credit portfolio to $300…
Japan greenlights offshore wind power installations in EEZ
Japan's government has greenlit a draft amendment enabling offshore wind power installations in exclusive economic…
Anhui Jianghuai, Volkswagen expand JV capital
Anhui Jianghuai Automobile of China announced on Tuesday that it will increase its joint venture’s registered…
US dollar falls below EGP 49 on Tuesday
The US dollar weakened against the Egyptian pound on Tuesday, falling below 49 pounds in many banks, as reported by…
