World Bank: Egypt sees GDP accelerating to 3.5% growth in FY25
Egypt’s economic growth is expected at 2.5 per cent in fiscal year 2024 before accelerating to 3.5 per cent in…
Abu Dhabi’s ADQ to acquire 96% stake in Bank Audi’s Turkish Unit
Abu Dhabi-based investment firm ADQ has entered into a definitive agreement to acquire a 96 per cent controlling…
Egypt c.bank issues warning against online banking scams
The Central Bank of Egypt (CBE) issued on Wednesday a stern warning to the public about the increasing number of…
Vietnam’s fruit, vegetable exports hit new record in Sept. ’24
Vietnam's fruit and vegetable exports hit a new single-month high of $917 million in September, marking a nearly…
Japan’s machinery orders decline in Aug. ’24
Japan's core machinery orders declined for the second consecutive month in August 2024, falling by 1.9 per cent…
EGX closes on mixed note on Oct 16
Egypt’s stock market (EGX) closed mixed on Wednesday. The main index, EGX30 went down by 0.13 per cent, to…
Egypt’s rice production surges 44.8%, outpacing global trend – CAPMAS
Egypt produced a remarkable 6.2 million tons of rice, during the 2022/2023 agricultural year, a 44.8 per cent…
US import, export price indexes fall in Sept
US import prices fell by 0.4 per cent in September, marking the largest monthly decrease since December 2023, after…
Egypt, UK sign key agreement on food security
Egypt and the UK have signed a strategic Memorandum of Understanding (MoU) to enhance cooperation on food security,…
Philippines c. bank cuts interest rate by 25 bps
The Bangko Sentral ng Pilipinas (BSP) decided on Wednesday to reduce its target reverse repurchase (RRP) rate by 25…