The dollar remained stable on Monday as traders anticipated a week filled with central bank meetings worldwide, Reuters reported.
The Bank of Japan is expected to end negative rates, while the Federal Reserve's rate cut projections are in (...)
A group of 47 countries, including the European Union, Canada, Japan, and Pacific Island states, are advocating for a charge on the international shipping sector's greenhouse gas emissions, Reuters reported on Monday.
The proposal, currently under (...)
Asian shares rose on Monday as Chinese data exceeded expectations, while investors braced for a series of central bank meetings this week that could signal changes in monetary policy, as reported by Reuters on Monday
China reported a seven per cent (...)
The risk of government defaults in emerging markets is decreasing, fueling a bond rally, especially in junk-rated sovereign debt, marking its strongest start since 2019, Bloomberg reported.
Factors such as a $1 trillion effort to rebuild prospects (...)
Mexico's inflation rate decreased in February for the first time since October, fueling expectations of upcoming interest rate cuts by central bankers.
Consumer prices increased by 4.4 per cent year-on-year in February, down from 4.88% in January, (...)
Chinese electric vehicle company BYD has started building a manufacturing complex in Brazil, with plans to begin operations by the end of 2024 or early 2025, Reuters reported on Wednesday.
The complex will have an initial annual production capacity (...)
EFG Hermes, a subsidiary of EFG Holding and the premier investment bank in the MENA region, in partnership with the Dubai Financial Market (DFM), proudly launched the 18th Annual EFG Hermes One-on-One Conference on 4 March 2024. This landmark event, (...)
أعلن بيب جوارديولا المدير الفني لمانشستر سيتي، عن رغبته في تدريب منتخب في بطولة كبرى قبل الاعتزال ونهاية مسيرته التدريبية.
ويرتبط جوارديولا بعقد مع مانشستر سيتي حتى 2025، حيث يتولى مسؤولية السيتزن منذ صيف 2016.
وردا على سؤال لقناة ESPN Brazil عما (...)
The competition authorities of the BRICS countries (Brazil, Russia, India, China, and South Africa) gathered in Cairo, Egypt, on Wednesday for a two-day meeting to discuss critical issues related to global food supply chains and grain trade.
This (...)
A new analysis by Global Witness reveals that European and US oil and gas majors have raked in a staggering $281bn in profits since the Russia-Ukraine war two years ago. This windfall, driven by soaring energy prices, coincides with mounting (...)
Dina Abdel Fattah
Egypt last week hosted two historic visits that were of great importance. Two crucial trips by two internationally renowned reformists who have the potential to fundamentally alter the course of their respective countries' (...)
Global raw sugar prices are predicted to rise by almost 20 per cent annually in 2024 as the global market shifts into a deficit in the upcoming season, according to a Reuters poll of 12 traders and analysts.
According to the poll's median forecast, (...)
China and Indonesia plan to cut their nickel production by at least 100,000 metric tons this year in an effort to minimise losses after the price of the metal, which is used to make stainless steel and electric vehicles, fell sharply, Reuters (...)
The International Energy Agency (IEA) revised up its estimate of the growth in oil demand in 2024 on Thursday. Still, it's much lower than what The Organisation of the Petroleum Exporting Countries (OPEC+) had anticipated.
The Paris-based agency (...)
The global oil demand growth is expected to see a robust increase of 1.8 million barrels a day (mb/d) in 2025, Monthly Oil Market report released by the Organisation of the Petroleum Exporting Countries (OPEC) on Wednesday.
The report added that the (...)
The Minister of International Cooperation and Alternate Governor of Egypt at the New Development Bank (NDB) Rania Al-Mashat, met with the Vice President of the NDB, Vladimir Kazbekov, and his accompanying delegation, in the first high-level official (...)
Chinese automaker BYD is in talks with Brazil's Sigma Lithium for a supply deal and a joint venture or acquisition, Reuters reported on Sunday according to the Financial Times.
The automaker met Sigma's CEO Ana Cabral Gardner in Sao Paulo in (...)
The BRICS group, a key platform for emerging markets and developing countries, has officially welcomed five new members: Egypt, Iran, Saudi Arabia, the United Arab Emirates, and Ethiopia.
Their membership took effect on Monday, marking a (...)
تسبب البرازيلي فينسيوس جونيور، نجم الفريق الأول لكرة القدم بنادي ريال مدريد الإسباني، في فقدان مورلاي سيلا لاعب وسط منتخب غينيا، مكانه في قائمة منتخب بلاده المشاركة في بطولة كأس الأمم الأفريقية التي ستقام في كوت ديفوار في الفترة من 13 يناير حتى 11 (...)
The Engineering Export Council of Egypt (EEC) announced on Tuesday that Egypt's engineering exports reached $3.876bn in the 11 months from January to November 2023, a 10% increase from the same period in 2022.
The EEC also reported a 28% increase in (...)
The Suez Canal Economic Zone (SCZONE) has welcomed delegations from Tianjin, China, and high-level Brazilian government officials.
Ibrahim Abdel Khalek, SCZONE's Deputy Chairperson for Investment and Promotion Affairs, highlighted the zone's (...)
The Agriculture Innovation Mission for Climate (AIM for Climate) announced a significant boost to its efforts, with investments doubling to over $17bn and partnerships expanding to over 600 organizations, at the 28th UN Climate Change Conference (...)
COP28's Nature, Land Use and Ocean Day saw leaders endorse commitments and pledges of over $186m to drive climate action and continue to build momentum to protect and restore nature.
A number of landmark commitments on forests, mangroves, landscape (...)
In a groundbreaking move at the World Climate Action Summit, the COP28 Presidency and its partners unveiled a series of ambitious initiatives with an initial commitment of $1.7bn to simultaneously address climate and biodiversity goals. This (...)
The Engineering Export Council of Egypt (EECE) has announced that engineering exports increased by an impressive 8.5% during the period from January to October 2023 (10M 2023), reaching $3.516bn compared to $3.241bn in the same period last year. (...)