Russia’s business activity declines in May, PMI shows
Russia's business activity experienced a renewed decline in May, as the S&P Global Russia Services PMI showed…
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Wednesday opens with EGP edges up against USD
The Egyptian Pound (EGP) saw a minor uptick against the US Dollar (USD) at the start of trading on Wednesday, June…
EGP sees minor uptick vs. USD – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
German manufacturing sector nears recovery with PMI rise to 45.4
The downturn in Germany's manufacturing sector, which accounts for about a fifth of Europe's biggest economy,…
European shares rise as ECB rate decision looms
European shares opened higher on Monday, tracking gains in Asian equities, while investors braced for a key…
Turkey sees over 75% inflation rate
Turkey’s inflation accelerated more than forecast last month, in what officials hope marks the worst of a yearslong…
EGP stables vs. USD on early Monday trade
The Egyptian Pound (EGP) remained stable against the US Dollar (USD) at the start of trading on Monday, June 3,…
Egyptian expats’ car import initiative ends on April 29
Egypt’s Finance Minister, Mohamed Maait, confirmed on Thursday that 27,000 cars have been cleared as per the…
Indonesia’s annual inflation hits 3.05% in March
Indonesia's annual inflation rate in March rose to 3.05 per cent, the highest since August 2023, driven by…
Asia factory activity slumps in March
Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.
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