China’s c.bank injects liquidity under reverse repo
The People's Bank of China (PBC) injected 41.7 billion yuan ($5.9 billion) into the banking system on Tuesday…
Scatec, Germany’s PtX Fund sign €30m grant for Egypt’s green hydrogen project
Norwegian renewable energy producer Scatec signed on Tuesday a €30 million grant agreement with the PtX Development…
Egypt to implement 1st package of tax reforms soon – FinMin
Egypt’s Finance Minister Ahmed Kouchouk on Tuesday announced that the first package of tax reforms will be fully…
Egypt c. bank denies issuing new EGP 200 notes
The Central Bank of Egypt (CBE) categorically denied on Tuesday the issuance of a new 200 Egyptian Pound note dated…
Egypt’s SCZONE unveils $1.8m investment in solar mounting systems project
The Suez Canal Economic Zone (SCZONE) announced on Tuesday the signing of the first phase of PYRAMIDS ALU Project,…
IFC, Axis Bank launch $500m blue finance initiative in India
The International Finance Corporation (IFC) has partnered with Axis Bank to provide a $500 million loan aimed at…
Egypt’s gold prices fluctuate on Tuesday midday trade
Gold prices in Egypt experienced minimal fluctuations on Tuesday, October 8th, at 12:33 pm CLT (09:33 GMT),…
Saudi Arabia’s PIF trims Nintendo stake amid future investment plans
Saudi Arabia’s Public Investment Fund (PIF) has reduced its stake in Nintendo Co., selling 17.3 million shares…
European shares fall after China’s tariff announcement
European shares fell sharply on Tuesday in response to China's announcement of increased tariffs on large-engine…
China imposes 39% tariffs on EU brandy, mulls further retaliatory measures
China announced on Tuesday retaliatory measures against the European Union, imposing tariffs of up to 39 per cent…