Elon Musk, CEO of Tesla, plans to invest $2-$3 billion in India, which could significantly impact the …
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
VW, Xpeng team up to develop affordable EVs for China
by Nada Aliby Nada AliVolkswagen (VW) announced a collaboration with Chinese electric carmaker Xpeng to develop a new electrical architecture specifically …
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Featureforex newsInternational NewsMoneyNewsThe Watch
China’s yuan edges up slightly against US dollar
by Nada Aliby Nada AliThe Chinese yuan saw a small gain against the US dollar on Wednesday, Xinhua reported. The central …
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BanksFeatureInternational NewsMoneyNews
China injects $28.16b early boost to ’24 investment plans
by Nada Aliby Nada AliChina is ramping up its economic stimulus by allocating over 200 billion yuan ($28.16 billion) early this …
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FeatureInternational NewsNewsReal Estate
US mortgage applications hike – MBA Weekly Survey
by Aya Anwarby Aya AnwarThe US Market Composite Index, which measures mortgage loan application volume, rose by 3.3 per cent on …
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FeatureInternational NewsNews
IMF board passes amendment to grant more freedom to assist countries in crisis
by Aya Anwarby Aya AnwarThe International Monetary Fund’s (IMF) Board has approved a significant amendment aimed at granting it greater flexibility …
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Egypt NewsFeatureNews
SCZONE attracts $894m in investments, 40% from China in 3 months
by Aya El Sayedby Aya El SayedThe General Authority of Suez Canal Economic Zone (SCZONE) has successfully attracted about $894 million in investments …
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Africa NewsEgypt NewsFeatureFinancial InstitutionsMoneyNews
African public health indicators at risk – Egypt’s FinMin urges action
by Nada Aliby Nada AliEgypt’s Finance Minister Mohamed Maait has raised concerns about worsening public health indicators across Africa driven by …
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FeatureIndustry & TradeInternational NewsNews
Japan exports surge 7.3% in March
by Nada Aliby Nada AliJapan’s exports rose 7.3 per cent year-on-year in March, marking the fourth consecutive month of growth.
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BanksEgypt NewsFeatureMoneyNews
Private sector should make up 70% of Egypt’s economy – minister
by Yomna Yasserby Yomna YasserThe private sector should make up at least 65 – 70 per cent of Egypt’s economy, said …