China to resume lobster imports from Australia
China plans to resume imports of Australian live lobsters by the end of the year, marking a significant step toward…
EGX closes in red area on Oct 10
Egypt’s stock market (EGX) closed in the red area on Thursday. The main index, EGX30 went down by 1.33 per cent, to…
EGP declines vs. USD on Thursday
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
European banks turn to AI for cost cutting
European banks are increasingly deploying artificial intelligence (AI) tools to cut staff costs, with Italian…
China’s PBC auctions 150b yuan off reverse repos
People’s Bank of China (PBC) announced on Thursday a seven-day 150 billion-yuan reverse repo at an interest rate of…
China sanctions on US firms over Taiwan links
China's Foreign Ministry announced sanctions against three US military-linked companies and ten senior executives…
Egypt, Romania sign MoU to boost SME co-operation
Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a memorandum of understanding…
German retail sales recover in August ’24
Retail sales in Germany rose by 1.6 per cent in real terms in August 2024 compared to July, according to…
Indonesia establishes 2 new special economic zones
Indonesia President Joko Widodo has officially launched two new Special Economic Zones (SEZs) located in Banten and…
