UK targets Russian ‘Shadow Fleet’ with new sanctions
Britain has announced sanctions on 18 Russian oil tankers and four liquefied natural gas vessels, the largest move…
El-Wazir inaugurates 2 new production lines for Beyti
Minister of Industry Kamel El-Wazir inaugurated two new cheese production lines at the Beitiy factory, part of the…
S. Africa weighs tax rebates, subsidies to boost EV adoption
South Africa is exploring tax rebates and subsidies to encourage electric vehicle (EV) adoption, President Cyril…
EGX closes in red area on Oct 17th
Egypt’s stock market (EGX) closed in the red area on Thursday. The main index, EGX30 went down by 1.31 per cent, to…
URGENT: ECB cuts interest rates as inflation eases below target
The European Central Bank lowered interest rates again on Thursday and signalled “the disinflationary process is…
IMF: Bahrain’s economy to grow to 3.5% in ’25
Bahrain’s economy is forecast to grow 3 per cent in 2024, rising to 3.5 per cent in 2025, driven by refinery…
Egypt prioritises financial stability, exports, green economy transition – FinMin
Egypt's economic reforms are increasingly focused on financial stability and the growth of production and exports…
Japan posts $1.97b trade deficit in September ’24
Japan’s trade deficit recorded 294.3 billion yen ($1.97 billion) in September 2024, reversing from a surplus of…
Singapore’s exports continue to grow in Sep. ’24
Singapore's non-oil domestic exports (NODX) rose 2.7 per cent year-on-year in September 2024, driven by both…
TSMC reports strong earnings in Q3 ’24
Taiwan Semiconductor Manufacturing Company (TSMC) reported strong financial results for Q3 2024, with revenue of…