Egypt to implement Unified Public Finance Law
Egyptian Finance Minister, Mohamed Maait, has endorsed the executive regulations for the Unified Public Finance…
Alibaba discloses state ownership amid SEC inquiry
Alibaba Group Holding Ltd. revealed a broader network of Chinese government stakes in its business units, in…
Trade fears in Asia over EU’s carbon border tax – ADB
The European Union (EU) plans to launch the Carbon Border Adjustment Mechanism (CBAM) in 2026, which will apply…
China opposes EU carbon tax
China opposes the European Union’s (EU) carbon border tax, citing its unilateral imposition of additional costs on…
S. Africa’s Sasol’s revenues drop 34% in half-year
South African Sasol reported a 34 per cent decline in half-year profit on Monday, mainly attributed to weaker oil…
Chinese firm sells $250m bond to support LGFV
China’s Guizhou Hongyingda Construction Project Management Co. issued a 1.8 billion yuan ($250 million) five-year…
Yen benefits from slowing global financial stress
Slowing financial stress on a global scale has made the yen-financed carry trades more attractive, which might risk…
Egypt expands ownership base of state-owned companies
The Egyptian government is actively working to accelerate the programme that expands the ownership base of…
Cadillac Electric SUV available only online in France
US automaker General Motors (GM) unveiled its luxury electric Cadillac Lyriq in France, expanding its European…
Bosnia’s Serb Republic to keep importing Russian gas
The Bosnian Serb Republic is planning to increase its gas imports from Russia, with the region’s leader citing a…
