Trending
- UAE, Ecuador announce intent to commence CEPA negotiations
- Egypt’s external debt increases to $168.03bln in December 2023: CBE
- UAE: 350 millionaires move Africa to Emirates every year, says expert
- Jordan tenders to buy up to 120,000 metric tons wheat, traders say
- Oman’s GDP at constant prices tops $98.7bln
- Copper retreats from two-year high on profit-taking and hedging
- Saudi Arabia welcomes independent report on UNRWA
- Gold drifts lower for second day as Middle East fears subside
Economy
The partnership aims to substantially enhance non-oil bilateral trade while fostering increased investment flows between the two nations
Risk of US secondary sanctions has forced banks in Kyrgyzstan and Kazakhstan to suspend financial ties and stop honoring Mir transfers
Production of Boeing’s 737 MAX jetliner has declined sharply in recent weeks due to a series of regulatory checks and safety audits, Reuters reported on Wednesday, citing unnamed industry sources.
The EU increased natural gas purchases from Russia in 2023, despite pledging to phase out all Russian fuel imports by 2027, Reuters reported on Wednesday, citing calculations based on the bloc’s trade statistics.
The new LNG shipment is scheduled to be routed via an already established facility in Jordan, the traders highlighted
Cairo – The net international reserves (NIR) at the Central Bank of Egypt (CBE) surged by $5 billion to $40.36 billion at the end of March 2024.
According to a Ministry of Finance communiqué, Maait highlighted that the modifications to the Unified Public Finance Law establish legislative frameworks that effectively manage the deficit and debt-to-GDP ratios
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