Egypt’s industrial index dips slightly in Aug. ’24 – CAPMAS
Egypt's manufacturing and transformational industries index, excluding crude oil and petroleum products, reached…
EGX closes on mixed note on Oct 29
Egypt’s stock market (EGX) closed in mixed on Tuesday. The main index, EGX30 went down by 0.50 per cent, to…
Nigerian Moniepoint raises $110m to expand African FinTech solutions
Nigeria-based fintech Moniepoint has secured $110 million in new funding from investors, including Google, to…
EIB approves €300m loan for hydroelectric plant
The European Investment Bank (EIB) has approved a €300 million loan for the construction of the Salto de Chira…
Sudan boosts pledge as Africa seeks $25b for development fund
Sudan has boosted its pledge to the African Development Fund’s upcoming replenishment, committing $3 million,…
Egypt c.bank withdraws EGP 1.133t via open market operation auction
The Central Bank of Egypt (CBE) conducted an open market operation on Tuesday, withdrawing a substantial 1.133…
EGP down vs. USD at Tuesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
UK housing market rebounds with record mortgage approval
British lenders approved 65,647 mortgages in September, according to the Bank of England (BOE), marking the highest…
Swedish economy falls into recession
Sweden’s economy entered a technical recession in Q3, as GDP fell 0.1 per cent from the previous quarter, according…
China’s factory activity likely to remain low in Oct. – Poll
China's factory activity is expected to show a slight contraction in October for the sixth consecutive month,…