Browsing: Business
EuroWire, Brussels: Euro zone manufacturing activity contracted further in December as weakening demand and a renewed decline in new orders weighed on output, according to a closely watched business survey released on Tuesday. The data indicates that industrial conditions across
MENA Newswire, AUSTIN, Texas: Tesla Inc. reported 418,227 vehicle deliveries for the fourth quarter of 2025, marking a 16 percent decline from the 495,570 units delivered in the same period a year earlier. The result fell short of analyst expectations, reflecting
EuroWire, LONDON: UK house prices rose less than expected in 2025 as growth slowed sharply at the end of the year, with a surprise decline in December dragging the annual gain below economists’ forecasts, according to the latest Nationwide Building
MENA Newswire, SEOUL, December 30, 2025: The Republic of Korea’s annual exports surpassed US$700 billion for the first time this year, marking a record high for the nation and placing it among the world’s top six exporting economies. According to
MENA Newswire, CAIRO, December 27, 2025: The Central Bank of Egypt (CBE) has cut its key interest rates by 100 basis points, marking a continuation of its monetary easing cycle amid signs of easing inflationary pressures. The decision, announced following
TOKYO, December 26, 2025: Japan has raised its economic growth forecast for the current fiscal year and expects stronger expansion in the next, citing the impact of a large-scale fiscal stimulus aimed at supporting household spending and business investment. The
BEIJING, December 23, 2025: China kept its benchmark lending rates unchanged on Monday, maintaining the one-year and five-year loan prime rates at current levels as the country continues to manage credit conditions within a stable policy framework. The National Interbank
CAIRO, December 22, 2025: Remittances from Egyptians working abroad rose by 42.8 percent in the first ten months of 2025, reaching US$33.9 billion compared with US$23.7 billion during the same period in 2024, according to data released by the Central
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in its gradual departure from ultra-loose monetary policy. The central bank lifted its short-term policy
ABU DHABI, December 19, 2025: Abu Dhabi National Oil Company (ADNOC) announced on Thursday the completion of a landmark structured financing agreement valued at up to AED 40.4 billion ($11 billion) to advance the Hail and Ghasha offshore gas development.