S. Arabia’s annual inflation reaches 1.5% in July
Saudi Arabia's inflation rate reached 1.5 per cent annually in July 2024 compared to 2.3 per cent in the same…
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Electricity
Philippines’ foreign investments surge 220.7% YoY in Q2
Philippines total foreign investments (FI) reached PHP 189.50 billion in the second quarter, a significant 220.7…
Egypt approves 150 MW wind power expansion project
The Egyptian Cabinet approved on Wednesday a proposal from the consortium of Engie, Toyota, and Orascom to expand…
Egypt to release EGP 1.9b export support today – minister
The Ministry of Finance announced the disbursement of 1.9 billion Egyptian pounds for another instalment of…
Thailand extends electricity, diesel price cuts
Thailand's cabinet has decided to extend reductions in electricity and diesel prices to ease the cost of living for…
UAE mulls 2nd N. power plant
The United Arab Emirates (UAE) is considering building a second nuclear power plant to meet growing electricity…
S. Arabia’s IPI declines in May
Saudi Arabia's Industrial Production Index (IPI) saw a notable decline of 2.9 per cent in May 2024 compared to May…
Afreximbank: Africa’s economies expected to grow by 3.8% in ’24
African economies are expected to grow by 3.8 per cent in 2024, exceeding the global forecast of 3.2 per cent, with…
S. Arabia’s IPI experiences 6.1% decrease in April
Saudi Arabia’s Industrial Production Index (IPI) saw a 6.1 per cent decrease in April compared to the same period…
Australia’s GDP rose by 0.1% in Q1 ’24
Australia's economy grew by only 0.1 per cent in the first quarter, below expectations and raising concerns about a…