Featured Americana Q3 profit falls 54.3% Aya Anwar Nov 3, 2024 0 Americana Restaurants reported a 54.3 per cent decline in Q3 2024 net profit, falling to SAR140.3 million, as…
Featured Unilateral sanctions, debt threaten global stability – Putin Aya El Sayed Oct 23, 2024 0 Russian President Vladimir Putin warned of a potential new global crisis, citing the growing debt burden in…
News S&P affirms Egypt rating at B-/B, positive outlook Aya Anwar Oct 20, 2024 0 S&P Global Ratings affirmed Egypt’s sovereign credit ratings at ‘B-/B’ on October 18, 2024, assigning a…
Commodities Oil steady on Thursday Aya Anwar Oct 17, 2024 0 Oil steadied after four days of declines as traders assessed Middle East risks and weak China stimulus measures.…
Featured ECB to cut rates as inflation concerns rise – Villeroy Aya El Sayed Oct 7, 2024 0 The European Central Bank (ECB) is likely to cut interest rates on October 17, 2024, due to weak economic growth…
Commodities China holds off on gold purchases for 5th straight month Nada Ali Oct 7, 2024 0 The People's Bank of China (PBC) maintained its gold holdings at 72.8 million troy ounces at the end of September.
Featured Egypt’s petrochemical sector captures 19.3% of total credit portfolio by March… Aya Anwar Oct 3, 2024 0 Egypt’s petrochemical sector has significantly bolstered Egypt's economic growth, capturing 19.3 per cent of the…
Banks ADB maintains 6% growth forecast for Philippines in ’24 Nada Ali Sep 25, 2024 0 The Asian Development Bank (ADB) kept its growth forecast for the Philippine economy at six per cent for 2024 and…
Featured Finland’s economy to shrink 0.5% in ’24, slow recovery ahead Aya El Sayed Sep 16, 2024 0 The Finnish economy is expected to contract by 0.5 per cent in 2024, with a slow recovery projected, according to…
Featured WTO barometer signals uptick in global trade, but risks looming Aya Anwar Sep 5, 2024 0 Global goods trade is rebounding in the third quarter of 2024, as the World Trade Organization (WTO) Goods Trade…