Egypt may begin monetary easing cycle in September, rate cut by 2024-end
Egypt’s official gazette reported an up to 15% price hike for petrol, four days before the IMF is to review its USD 8 billion loan
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Go Green with GBO: Renewable energy sparks economic growth in Southern Europe
Around 25% of the total electricity demand was satisfied by wind energy last year, 23% by hydropower, and 19% by gas-fired facilities
Three banks exit, five enter Kenya’s oil import deal with Gulf majors
Equity Group, United Bank of Africa, Diamond Trust Bank, I&M Bank, and Pakistan's MCB are the new entrants in the deal after NCBA Group, Absa
Elon Musk’s xAI investment proposal: All you need to know
Elon Musk, the world's richest person, launched xAI last year with the hope of creating an alternative to ChatGPT
Survey reveals UAE investors favour real estate IPOs
The survey found that 51% of participants preferred IPOs in the real estate sector, followed by technology at 41% and healthcare at 33%
MENA Watch: Impact of Microsoft Windows system failures in region
According to Microsoft, the problem started on Thursday at 7 pm GMT and affected customers of the Azure cloud platform who were using CrowdStrike Falcon,
UAE’s debt capital market likely to top USD 300 billion in 2025: Fitch
Fitch rates sukuk issued in the United Arab Emirates at USD 26.5 billion, of which 94.3% are investment-grade
ECB won’t debate inflation target, interest rate projections in upcoming review: Christine Lagarde
Christine Lagarde said that the ECB will not discuss adopting the US Federal Reserve's dot plot technique
Google Cloud launches its most robust & resilient deployment yet
Google is expanding an effort to allow its cloud customers to ground their enterprise AI chatbots in real-world facts, including a new partnership with Moody's
Saudi Vision 2030: New Royal Decree allows citizenship for skilled individuals
The Saudi government offers free health care, pension benefits, and exemption from recently established expatriate fees