Egypt c.bank pulls EGP 1.369t in open market operation auction
The Central Bank of Egypt (CBE) conducted an open market operation auction on Tuesday, withdrawing 1.369 trillion…
MDBs pledge to boost climate financing – ADB
Multilateral development banks (MDBs) issued a joint statement at COP29, outlining ambitious plans to increase…
Rupee hits record low amidst dollar strength, outflows
The Indian rupee plunged to a record low on Tuesday, pressured by a combination of factors, including a…
EGX wraps up in red as key indices slide on Nov 12
Egypt’s stock exchange (EGX)) closed on a negative note on Tuesday, with key indices showing declines.
S.Arabia launches carbon market to fund climate projects
Saudi Arabia has taken a significant step towards addressing climate change by launching a carbon trading market.
EGP stable against USD by end of Tuesday trade
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Norway takes control of key gas infrastructure
The Norwegian Ministry of Energy has successfully concluded agreements with seven companies to acquire key parts of…
Brazil’s retail sales continue positive trend in Oct. ’24
Brazil's retail sales sector maintained its positive momentum in October 2024, posting a 2.1 per cent…
OPEC cuts ’24 global oil demand forecast
The Organisation of the Petroleum Exporting Countries (OPEC) lowered its forecast for global oil demand growth in…
Russia, India eye long-term oil supply pact
Russia and India have agreed to expedite the conclusion of a long-term intergovernmental agreement on Russian oil…