Featured IMF indefinitely postpones consultations with Russia Aya El Sayed Sep 18, 2024 0 The International Monetary Fund (IMF) has indefinitely postponed its planned consultations with Russia, citing…
Featured Global economy embraces central bank digital currencies Aya El Sayed Sep 17, 2024 0 A total of 134 countries, representing 98 per cent of the global economy, are now exploring digital versions of…
Featured UK energy bills to rise 10% this winter – Ofgem Aya El Sayed Aug 23, 2024 0 British households will face higher gas and electricity bills this winter after Ofgem, the energy regulator,…
Featured Commodity prices to decline by 3% in ’24 – World Bank Aya Anwar Apr 28, 2024 0 The World Bank projects a 3 per cent decline in commodity prices for 2024 and an additional 4 per cent drop in…
Featured German inflation to dip below ECB target – Ifo Aya El Sayed Apr 2, 2024 0 German companies experienced a decline in price expectations in March, hitting a three-year low, according to the…
Featured Engie’s ’24 outlook brightens after profit jump Aya El Sayed Feb 22, 2024 0 Engie, a French energy firm, announced On Thursday, it increased its financial forecast for 2024 following a rise…
Banks Rate cuts depend on March outlook – ECB official Aya El Sayed Feb 11, 2024 0 The European Central Bank (ECB) rate cuts will depend on the new outlook for inflation and economic growth, set to…
Tech/AI BP posts double profits of $27.7bln in 2022 Nada Ali Mar 8, 2023 0 British energy company BP announced on Tuesday its annual net profits of $27.7 billion for 2022, more than doubling…
News EU imposes new sanctions against Russia Norhan Adel Feb 26, 2023 0 New sanctions against Russia were approved by the European Union (EU) on Saturday in response to its aggression on…
Money U.S., allies plan to impose more strict Russian sanctions Yassmine Elbehnaihy Feb 21, 2023 0 U.S. and its allies are planning to impose new stricter sanctions this week to crack down Russia’s efforts escaping…