The annual revenues of Egypt’s Suez Canal Authority (SCA) are at an all-time high, amounting to $9.4 billion during the 2022/2023 fiscal year, announced SCA...
Tag - economy
Europe is aiming to rewrite its fiscal rules on government spending and taxes. In quite simple terms, it wants debt levels to be more sustainable. The European...
The US is used to retail trading forming a sizable share of overall equity volumes but this is not the case in Europe, and market participants are hoping this...
Oil giant ExxonMobil reaped a record $55.7bn (£45.2bn) in profit last year as oil prices surged following Russia’s invasion of Ukraine. The total was...
Saudi oil giant Aramco has announced a record profit of $161.1bn (£134bn) for 2022, helped by soaring energy prices and bigger volumes. It represents a 46.5%...
The value of the Lebanese pound on the parallel market is at a historic low as the country’s economic crisis continues. The Lebanese pound has sunk to a...
Riad Salameh had previously rejected the presence of European investigators at the hearing, causing it to be postponed. Lebanese central bank chief Riad...