EGX closes up for 2nd straight day on Jan. 15
Egypt’s stock market closed on a green note for the second day straight on Monday. The main index EGX30 rose by…
Suzuki halts Hungary plant for 1 week over Red Sea attacks
Suzuki Motor said on Monday it will halt production of its Vitara and S-CROSS in Hungary for a week amid Red Sea…
Yuan falls against dollar after PBOC holds rate
China’s yuan fell on Monday to a one-month low of 7.1813 per dollar after the People’s Bank of China (PBOC) left…
Toyota to build 10.3 mln vehicles globally in ’24
Toyota Motor is set to produce around 10.3 million vehicles across the globe in 2024, Reuters reported on Monday,…
Africa’s largest oil refinery begins production in Nigeria
Africa’s biggest oil refinery had begun production in Nigeria, ending the long wait for planet according to…
Egypt becomes Africa’s top cement producer
Egypt is Africa’s largest cement producer with an annual production capacity of about 92 million tons, said…
Qatar Energy pauses LNG Red Sea shipping amid attacks
QatarEnergy, world's second largest exporter of liquefied natural gas (LNG), paused Red Sea, a senior source…
Germany’s GDP down 0.3% in ‘23
Germany’s gross domestic product (GDP) went down by 0.3 per cent in 2023 in comparison to the previous year, the…
Turkey skips Davos over Forum’s organiser’s stance towards Gaza war
The Turkish officials will not attend this year’s World Economic Forum in Davos, following the directives of…
Egypt builds 8 groundwater stations in S. Sudan
Egypt has initiated the construction of eight groundwater drinking water stations in South Sudan, the Egyptian…
