Google may keep cutting jobs in ’24 – CEO
Google CEO, Sundar Pichai warned employees that more layoffs are likely at the Alphabet-owned company this year.
War on Gaza to cost Israel 10% of GDP
The Israeli attacks on Palestinians in Gaza will cost around ten per cent of the Israeli Gross Domestic Product…
Egypt’s overall budget deficit reaches 4.95% of GDP in FY ’23-24
Egypt’s government achieved an overall budget deficit of 4.95 percent of GDP in the third quarter of the fiscal…
Bunker fuel prices soar amid Red Sea diversions
Bunker fuel prices soared in Africa and the Mediterranean amid increasing demand due to the diversions in the Red…
ECB’s Lagarde hints at potential interest rate cuts by summer: Davos 2024
European Central Bank (ECB) is likely to make interest rate cuts this summer, said president Christine Lagarde on…
OPEC expects global oil demand at 1.8 mb/d in 2025
The global oil demand growth is expected to see a robust increase of 1.8 million barrels a day (mb/d) in 2025,…
Shell plans to develop N. Sea gas field
Shell has fanatically approved the development of the Victory gas field in the North Sea, increasing the company's…
Egypt signs gold exploration contract with Canada’s Aton Mining
The Egyptian Mineral Resources Authority (EMRA) and Canada’s Aton Mining Company entered on Wednesday into a new…
EGX closes in red on Jan. 17
Egypt’s stock market closed on a red note on Wednesday after going up for three days. The main index, EGX30…
Egypt inaugurates 1st 100% Vietnamese factory
Egypt inaugurated the first factory with 100 per cent Vietnamese investments, with investments worth $30 million in…
