Business

Economy

INTERVIEW: Private sector, AI solutions imperative for accelerated digital transformation across Africa: CEO of KAOUN

The private sector should be a key partner to the governments in Africa, in general, and in North Africa, in particular, to accelerate the digital transformation process, boost the continent’s innovation, and adopt the cutting-edge technologies now dominating the world, stressed Trixie LohMirmand, CEO of KAOUN International and Executive Vice President of Dubai World Trade Centre (DWTC).

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INTERVIEW: Private sector, AI solutions imperative for accelerated digital transformation across Africa: CEO of KAOUN

US Fed likely to remain on pause and pare back rate cut expectations

IMF reaches staff-level agreement to complete 3rd review under its extended-loan programme

US antitrust enforcers will investigate leading AI companies Microsoft, Nvidia and OpenAI

Wall Street's momentum cools after its latest record-setting day

"Made in Egypt" brands are booming as boycott campaings continue and production costs drop

Egypt to host BRICS bank 1st int'l forum in New Administrative Capital

ECB starts cutting rates, but warns on inflation

US trade gap widens to largest in 18 months

CBE, Kenya central bank to capitalize on Egypt's Instant Payment Network

Korea’s KOICA, Egypt's EAPD establish strategic partnership for sustainable development in Africa

Stock market today: Wall Street barrels to more records as Nvidia tops $3 trillion in total value

Stock market today: Wall Street is mixed as S&P 500 and Nasdaq composite tick toward all-time highs

Egypt makes significant strides in transparency, citizen participation in budget: IPBR

Egypt’s PMI for non-oil businesses approaches stability level: S&P

Egypt upcoming FY24/25 budget plan: Key priorities, financial measures

S. Korea earmarks $24bn in aid, investment support for Africa

Markets & Companies

MSMEDA partners with JICA to boost Egypt’s small businesses

Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) has joined forces with the Japan International Cooperation Agency (JICA) to strengthen the competitiveness of small and medium industrial enterprises in Egypt, the agency announced in a statement on Saturday.

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MSMEDA partners with JICA to boost Egypt’s small businesses

European stocks climb on eve of expected eurozone rate cut

Banknotes bearing portrait of King Charles III start to be rolled out across the UK

Closing prices for crude oil, gold and other commodities on Tuesday

US stocks edge lower as traders digest weak economic data

Egyptian companies acquire 30% of investment licences issued in Saudi Arabia

Monday's closing prices for crude oil, gold and other commodities

Tuesday's closing prices for crude oil, gold and other commodities

Oil rises, markets tread water before key inflation data

Closing prices for crude oil, gold and other commodities on Wednesday

Tuesday's closing prices for crude oil, gold and other commodities

Gold hits record high as Iran shock triggers haven support

Beltone’s Cash for Microfinance, Italian Microfinanza sign €2.2 mln deal to empower Egypt entrepreneurs

Closing prices for crude oil, gold and other commodities on Tuesday

Monday's closing prices for crude oil, gold and other commodities

Tuesday's closing prices for crude oil, gold and other commodities

Eurozone stocks sag on strong euro as region exits recession

Energy

Saudi Aramco says foreigners grab 'majority' of share offering

Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in its latest offering, which was set to raise $11.2 billion.

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Saudi Aramco says foreigners grab 'majority' of share offering

New Saudi Aramco share offering to raise $11.2bn for reforms

Qatar signs 27-year gas supply deal with Taiwan's CPC

Saudi Aramco begins second share offering: statement

China's Xi says wants to deepen energy cooperation with Arab states

USAID-funded COE Energy's stakeholders meeting tackles Egypt's energy challenges

Egypt signs land access agreement for world’s largest wind farm project

QatarEnergy acquires 40% stake of two new exploration blocks offshore Egypt

Egypt PM witnesses inking of land deals to implement two wind electricity projects in Sohag

G7 to phase out coal-fired power plants by mid-2030s

Egypt to build EGP 550 million solar power cells at Assiut oil refinery

EBRD, Hassan Allam, Meridiam team up for developing renewable energy projects in Egypt

Saudi, Egyptian conglomerate to explore for oil in Gulf of Suez

Egypt raises fuel prices for the first time in 2024

Several countries extend oil cuts to boost prices

Saudi extends voluntary oil cut of 1 mn barrels a day

Russia to cut oil output by 471,000 bpd in second quarter

Tech

Microsoft to invest $3.2 bn in AI in Sweden

Microsoft said Monday that it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure in Sweden, its biggest investment in the country.

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