Egypt raises rates by 600 bps to record levels, currency loses a third of its value within minutesEgypt has finally let the pound go, setting off a series of interconnected financial upheavals. Doubts, however, still remain over Egypt's ...
06 Mar, 2024, 03.55 PM IST
Egypt is ready to be India’s gateway to Europe, Africa & W Asia: Hossam Heiba, CEO, GAFIEgypt is located at the crossroads of Africa, Asia, and Europe. This gives it a strategic location for trade and investment. The Suez Canal...
13 Dec, 2023, 09.43 PM IST
Davos 2023: India's ReNew Power exploring Egypt green hydrogen projectReNew Power's market share of new bids is around 12%, Sinha said. India also has plans to produce 5 million tonnes of green hydrogen by 203...
16 Jan, 2023, 06.13 PM IST
Saudi Arabia to host Asian Winter Games at new ski resort close to futuristic city NeomSaudi Arabia also will host the Asian Games in 2034 in Riyadh as part of aggressive moves to build a sports hosting portfolio and help dive...
04 Oct, 2022, 07.39 PM IST
India and Egypt sign MoU to set up a green hydrogen plant with investments of $8 billionThe MoUs was signed by a number of government agencies as the first party: New & Renewable Energy Authority, General Authority of the Suez ...
28 Jul, 2022, 07.34 PM IST
View: Sovereign green bond is a major step in greening India’s public expenditureGiven its investment-grade status, India’s sovereign green bond could attract the much-needed new pool of capital that is required to finan...
17 Mar, 2022, 10.34 AM IST
Sputnik-V registration crosses 1 billion mark in 37 countriesEfficacy of Sputnik-V is 91.6% as confirmed by the data published in the Lancet, one of the world's oldest and most respected medical journ...
25 Feb, 2021, 07.29 PM IST
Gulf gets a boost from healing of Saudi Arabia-Qatar riftOn Monday, a senior Trump administration official said a breakthrough had been reached and that an agreement aimed at ending the rift was t...
05 Jan, 2021, 02.17 PM IST
Abu Dhabi's ADQ to invest $1 billion to help retailer Lulu expand in EgyptADQ and Lulu will work to develop up to 30 hypermarkets and 100 express mini-market stores, as well as logistics hubs, distribution and ful...
19 Oct, 2020, 12.46 PM IST
Healthy appetite for debt paper from emerging marketsMost emerging market sovereigns are currently quoting at a yield of 3-3.20 per cent.
10 Jul, 2019, 09.56 AM IST
EM bonds give stellar returns so far in 2019; appetite remains strongMost emerging market sovereigns are currently quoting at a yield of 3-3.20 per cent.
10 Jul, 2019, 07.46 AM IST
It's payback time: Days before embargo anniversary, Qatar bans goods from 4 nationsQatar, which has one of the world’s biggest sovereign wealth funds, expanded faster than most of its neighbors last year and is expected to...
27 May, 2018, 06.36 AM IST
Equipped with $340 bn reserves to weather any Arab sanction: QatarIts central bank has $40 billion in reserves plus gold, while the Qatar Investment Authority sovereign wealth fund has $ 300 billion in res...
10 Jul, 2017, 11.33 PM IST
Markets' rebound likely to slow as oil outlook still cloudyEgypt's stock market, which also began rebounding on Thursday, may get a further boost from news that Fitch upgraded Egypt's debt to B, cit...
21 Dec, 2014, 11.29 AM IST
- Kuwait eyes BP Mideast, Asia assets: Paper
OPEC member Kuwait may buy some of BP's Middle East and Asian assets, a Kuwait newspaper said on Monday, as part of the British oil company...
05 Jul, 2010, 04.06 PM IST
Rating may be hit only in case of a prolonged slowdownA slowdown in the US combined with gloomy economic news coming out of India could lead to a decline in capital flows into this country, say...
15 Jul, 2008, 01.25 AM IST
- Global credit turmoil
Supply of emerging market bonds looks set to shrink more in coming months as upheaval in global credit markets prompts corporates to trim 2...
09 Aug, 2007, 05.20 AM IST