Russia cuts oil revenue dependence in 2025 budget
Russia is reducing its reliance on oil and gas revenues to fund its federal budget, Finance Minister Anton Siluanov…
Uganda c. bank cuts rates
Bank of Uganda has cut its benchmark interest rate for the second consecutive time, marking the first back-to-back…
Sweden’s Sweco to design battery storage project in Belgium
Swedish engineering consultancy Sweco announced plans to design one of Europe's largest battery energy storage…
EGX closes green on Oct 7th
Egypt’s stock market (EGX) closed in green area on Monday. The main index, EGX30 went up by 0.31 per cent, to…
Philippines’ foreign reserves hit $112b in Sep. ’24
The Philippine foreign exchange reserves reached a new all-time high of $112.0 billion at the end of September…
France to present EU-compliant budget amid deficit concerns
French Finance Minister Antoine Armand announced that the government will present a budget this week that aligns…
Chinese tech giant leads $13b semiconductor rally
China's Semiconductor Manufacturing International Corp (SMIC) shares surged 28 per cent on Monday to a four-year…
EGP declines vs. USD at Monday’s close – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Russian stocks fall in midday trading
Russian stocks experienced a midday decline on Monday.
Al Majed for Oud soars in Saudi IPO
Al Majed for Oud Co., a Saudi Arabia-based perfume maker, surged by the maximum limit in its Riyadh stock market…