Egypt’s reserve money M0 hits EGP 1.689 trillion at ’23-end: CBE
Egypt’s reserve money (MO) surged to 1.689 trillion Egyptian pounds ($54.61 billion) at the end of December 2023…
Oil prices steady in early Tuesday trade
Oil prices were steady in early Tuesday trade. Brent crude rose by 0.56 per cent, or 0.44 cents, to trade at $…
AFC, ITFC provide loan to boost Egypt’s economic resilience
Africa Finance Corporation (AFC) is partnering with the International Islamic Trade Finance Corporation (ITFC) to…
Swedish Northvolt borrows $5 bln to expand lithium battery plant
Sweden’s lithium-ion battery producer Northvolt raised $5 billion in the largest green loans raised in Europe to…
China plans to issue bonds to boost economy
China is considering one trillion yuan ($139 billion) of new debt issuance under a special sovereign bond plan, as…
China’s top real estate developer anticipates weak market in ’24
Country Garden, China’s top real estate developer anticipates the Chinese real estate market to remain weak in…
Qatar, Russia divert vessels from Red Sea
Qatar and Russia, suppliers of liquefied natural gas, are avoiding the Suez Canal in light of heightened risks and…
Vodafone signs $1.5 bln deal with Microsoft
Vodafone group signed a new 10-year strategic partnership worth $1.5 billion with Microsoft to offer scaled digital…
Futures fall as U.S. dollar rises to one-month high
The U.S. dollar strengthened after a one-month high as Treasury yields hiked and Asia equities fell after remarks…
Microsoft introduces Copilot Pro subscription for $20/m
Microsoft said on Monday it is offering consumers and small businesses subscriptions to access capabilities in its…
