Colombian Finance Minister Diego Guevara May Depart Amid Disputes
Colombia's Finance Minister Diego Guevara may resign amid disagreements with President Gustavo Petro. The finance ministry has not confirmed this...
Business
Egypt Achieves EGP 330 Billion Primary Surplus in H1 2024/25, Signifying Strong Financial Performance
Egypt reports a primary surplus of EGP 330bn for H1 2024/25, its highest to date, driven by a 38.4% increase...
Saudi Arabia’s PIF Eyes Acquisition of Wentworth Golf Club, Stirring Controversy
The Saudi PIF seeks to buy Wentworth Golf Club, aiming to establish a foothold in British golf. Owned currently by...
Egypt Initiates EGP 4 Billion Program to Assist 10 Million Families
The Egyptian government has launched a EGP 4 billion initiative to provide financial support to 10 million families on ration...
Angola Maintains Key Rate and Adjusts Reserve Requirements for Growth
The National Bank of Angola has maintained its key interest rate at 19.5% for ten months. They also reduced the...
BBVA Anticipates Antitrust Approval for Sabadell Takeover, Sees Profit Potential in Turkey
BBVA is confident in securing antitrust approval for its bid to acquire Sabadell, forecasting progress in the process shortly. The...
Brazil’s Crop Concerns and Real Strength Influence Rising Coffee Prices
Coffee prices are on the rise due to dry conditions in Brazil and the strengthening of the Brazilian real. Projections...
Bill Mandates Social Media Companies to Establish Offices in Nigeria
A bill requiring social media companies to open offices in Nigeria has passed its second reading in the Senate. Senator...
Tesla Stock Decreases Amidst Competitive Pressures and Analyst Concerns
Tesla's stock fell over 4% to about $227 amid competition from BYD, which unveiled a rapid charger. Analysts lowered revenue...
Morocco’s Central Bank Lowers Key Interest Rate to Stimulate Growth
In March 2025, Morocco's Central Bank decreased its key interest rate from 2.5% to 2.25%. It expects inflation to remain...
