Egypt’s PM looks into plans to establish free zones in new cites
Mostafa Madbouly held a meeting to discuss possible plans to establish public free zones in 11 different locations…
EGX closes mixed on Feb. 4
Egypt's stock market closed mixed on Sunday. The main index EGX30 fell by 3.03 per cent to 27,573.5 while EGX70…
German economy minister urges tax relief for companies
German Economic Affairs and Climate Action Minister Robert Habeck called for tax relief and incentives for…
Swedish private equity EQT renews Galderma IPO plans
Swedish private equity behemoth EQT is renewing plans for the initial public offering (IPO) of the Swiss skincare…
DEWA’s EV Green Charger service rise by 59% in 2023
The electrical vehicles (EV) Green Charger initiative by Dubai Electricity and Water Authority (DEWA) saw a…
Saudi Investment Bank posts SAR 1.76 bln net profit in ’23
The Saudi Investment Bank (SAIB) reported a net profit of 1.76 billion Saudi riyal (about $469,3 million) in 2023,…
Foxconn expects slight growth, lacks AI server chips
Foxconn, the world’s biggest contract electronics maker and Apple’s main iPhone supplier, anticipates a slight…
China’s central bank adopts 14-day reverse repos
The People’s Bank of China (PBOC) announced 14-day reverse repurchase agreements (repos) on Sunday worth 135…
Global oil market turns local amid Red Sea unrest
Oil market appears more localised, as the ongoing Red Sea unrest and rising freight rates made supplies from closer…
GM Korea to launch 4 new vehicles in ’24
General Motors (GM) Korea unveils plans to introduce four new vehicles in South Korea this year including two…
