Author: Steven Sahiounie

Of the four nation-members of the G7, four are currently facing charges of complicity in Israeli war crimes at the ICJ. These include Germany, Canada, the US, and the UK. On Monday, the G7 leaders published a statement expressing their full endorsement of US President Joe Biden’s ceasefire proposal. “We, the Leaders of the Group of Seven (G7), fully endorse and will stand behind the comprehensive deal outlined by President Biden that would lead to an immediate ceasefire in Gaza, the release of all hostages, a significant and sustained increase in humanitarian assistance for distribution throughout Gaza, and an enduring…

North Petroleum International Company (NPIC), the Egyptian subsidiary of China’s Zhen Hua Oil, has pledged to invest $78 million to increase its production in Egypt’s Western Desert, Al Mal News reported.

The InstaPay App will introduce a new feature enabling instant payments between individuals via a QR code within a few days

The report emphasizes that the Government’s SOE reform programme is outlined in the recent SOP, subsequent policy statements, and associated regulations

Over the past years, the government has actively worked on developing the tax system by implementing various projects and initiatives aimed at simplifying procedures and stimulating the investment environment

During their discussion, El Molla emphasized that Egypt’s petroleum sector benefits from advanced infrastructure and the expertise of distinguished Egyptian professionals

The amendment of the free trade agreement signed by Tunisia and Turkey helped increase Tunisian exports (+7.3%) and cut imports (-5%) in the first fourth months of 2024, said Head of Cooperation with Europe at the Trade and Export Development Ministry Nabil Arfaoui.

TOKYO: Asian factory activity expanded in May as manufacturers benefited from broadening global demand, private surveys showed on Monday, adding to hopes for sustained economic recovery in the region where China is showing early signs of rebound.

European stocks bounced and government bond yields dropped on Monday as investors looked forward to an interest rate cut from the European Central Bank (ECB), while U.S. jobs data kept the focus squarely on inflation.

Russia’s finance ministry has raised its estimate of this year’s budget deficit to 2.12 trillion roubles ($23.76 billion) or 1.1% of gross domestic product, according to budget amendments submitted by the government to parliament.