Money Abu Dhabi’s ADQ to acquire 96% stake in Bank Audi’s Turkish Unit Yomna Yasser Oct 16, 2024 0 Abu Dhabi-based investment firm ADQ has entered into a definitive agreement to acquire a 96 per cent controlling…
Featured Egypt c.bank issues warning against online banking scams Yomna Yasser Oct 16, 2024 0 The Central Bank of Egypt (CBE) issued on Wednesday a stern warning to the public about the increasing number of…
Industry & Trade Vietnam’s fruit, vegetable exports hit new record in Sept. ’24 Nada Ali Oct 16, 2024 0 Vietnam's fruit and vegetable exports hit a new single-month high of $917 million in September, marking a nearly…
International News Japan’s machinery orders decline in Aug. ’24 Nada Ali Oct 16, 2024 0 Japan's core machinery orders declined for the second consecutive month in August 2024, falling by 1.9 per cent…
Featured EGX closes on mixed note on Oct 16 Aya Anwar Oct 16, 2024 0 Egypt’s stock market (EGX) closed mixed on Wednesday. The main index, EGX30 went down by 0.13 per cent, to…
Egypt News Egypt’s rice production surges 44.8%, outpacing global trend – CAPMAS Nada Ali Oct 16, 2024 0 Egypt produced a remarkable 6.2 million tons of rice, during the 2022/2023 agricultural year, a 44.8 per cent…
Featured US import, export price indexes fall in Sept Aya Anwar Oct 16, 2024 0 US import prices fell by 0.4 per cent in September, marking the largest monthly decrease since December 2023, after…
Featured Egypt, UK sign key agreement on food security Aya Anwar Oct 16, 2024 0 Egypt and the UK have signed a strategic Memorandum of Understanding (MoU) to enhance cooperation on food security,…
Banks Philippines c. bank cuts interest rate by 25 bps Nada Ali Oct 16, 2024 0 The Bangko Sentral ng Pilipinas (BSP) decided on Wednesday to reduce its target reverse repurchase (RRP) rate by 25…
International News India’s trade gap narrows on reduced gold imports Nada Ali Oct 16, 2024 0 India's trade deficit decreased to $20.78 billion in September 2024, from $29.6 billion in the previous month.