Economy

Economic News

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NEWS globenewswire

Drilling commenced at the high impact Ilua Rare Earth Project, South Greenland

Reykjavík, June 29, 2026 (GLOBE NEWSWIRE) -- Amaroq Ltd.(“Amaroq” or the “Company”)Drilling commenced at the high impact Ilua Rare Earth Project, South Greenland29 June 2026 – Amaroq Ltd. (AIM, NASDAQ Iceland:AMRQ, OTCQX:AMRQF, an independent mine development company focused on unlocking Greenland’…

GlobeNewswire en
Economy
NEWS sharecast

Private sector contraction continues as demand stays weak, CBI survey shows

The CBI said on Monday that firms across the private sector expect activity to fall in the three months to September, with a weighted balance of -28%, marginally weaker than in May and extending a run of negative growth expectations that began in late 2024.Distribution firms were the most pessimist…

ShareCast en
Economy
NEWS zawya

ZAWYA: Kuwait signs $244mln contract to expand Shuwaikh water distribution complex

Majda MuhsenKuwait's Ministry of Electricity, Water and Renewable Energy (MEWRE) has signed a contract worth 74.703 million Kuwaiti dinars ($244 million) for the construction, completion, maintenance and development of the existing Shuwaikh Water Distribution Complex and associated facilities.The c…

Zawya en
Economy
NEWS zawya

ZAWYA: New Investment and UAE products promotion opportunities in Africa

Abu Dhabi, United Arab Emirates: As part of the strategy of SINAHA Platform- the UAE platform supporting national industries and products, headquartered in Abu Dhabi - to strengthen its international presence, aimed at promoting and marketing UAE products, showcasing the capabilities of the UAE ind…

Zawya en
Economy

Poland - Factors to Watch June 29

The following are significant news stories, press reports and events on Monday. ALL TIMES GMT (Poland: GMT + 2 hours):POLAND-SWEDENOn Monday, Polish Prime Minister Donald Tusk and Swedish Prime Minister Ulf Kristersson will participate in Polish-Swedish intergovernmental consultations. During the c…

Reuters en
Economyindex
NEWS zawya

ZAWYA: L'oréal Groupe unveils socio-economic impact study in Egypt

• One L'Oréal job in Egypt generates 43 indirect roles across the local value chain, cementing role of L'Oréal and beauty sector as a powerful macroeconomic driver of Egypt Vision 2030.• L'Oréal’s Cairo state-of-the-art manufacturing plant serves as a major regional export hub, exporting 85% of its…

Zawya en
Economy
NEWS zawya

ZAWYA: MSMEDA in Egypt injects $1.61bln in financing since 1991: CEO

Staff WriterBassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said that the agency has injected EGP 79.6bn in financing since its establishment 35 years ago under the name of the Social Fund for Development.The financing has supported more…

Zawya en
Economy
trading-economics

Finnish Industry Confidence Holds Firm

Finland’s manufacturing confidence indicator remained unchanged at 4 in June 2026, holding at its highest level since July 2022 and remaining above its long-term average of 0.Production expectations for the coming months strengthened further to 27 from 25 in May, while spare capacity in the sector…

Trading Economics en
Economy
trading-economics

Finnish Consumer Morale Highest Since 2022

Finland’s consumer confidence indicator increased to -5.3 in June 2026 from -10.5 in May.It was the highest reading since February 2002, when the indicator was in positive territory, though it remained well below the long-term average of -2.9.Consumers became less pessimistic about their current fi…

Trading Economics en
Economy
NEWS reuters

China will lead both renewable energy and coal consumption: Russell

By Clyde RussellChina's latest five-year energy plan confirms two seemingly contradictory positions: it will continue to be the world's leader in both renewable energy and coal.The trick is to view China's plans to massively expand renewable power while keeping coal production and consumption aroun…

Reuters en
Economy
modular_finance

Cavendish Hydrogen Awarded EUR 1.3 Million in European Funding to Accelerate Next-Generation Hydrogen Compression Technology

June 29, 2026 - Oslo Norway/Vienna Austria: Cavendish Hydrogen ASA (Cavendish Hydrogen, the company, Oslo Børs Ticker: CAVEN) has been awarded approximately EUR 1.3 million in public funding through the European Clean Energy Transition Partnership (CETPartnership) program for the HyMEGA project, an…

MFN by Modular Finance en
EconomyStocksNO

Rupiah Weakens Amid Firm Dollar, Domestic Risks

The rupiah edged lower toward IDR 17,860 per U.S. dollar on Monday after briefly strengthening below IDR 17,810, pressured by broad dollar strength ahead of the monthly U.S. jobs report later this week.Locally, focus is shifting to June inflation after headline figures quickened to 3.08% in May, ne…

Trading Economics en
EconomyForex
NEWS zawya

ZAWYA: Egypt puts freelancers at core of offshoring push

Staff WriterEgypt is sharpening its push into the global offshoring market, placing digital freelancers at the centre of a broader strategy to scale cross-border digital services and expand export-driven growth, as competition for digital talent intensifies worldwide.Mahmoud Sofrata, Vice President…

Zawya en
Economy
NEWS reuters

China accelerates plans for sulphur futures as Iran war amplifies price swings, sources say

China is planning to launch its first sulphur futures contracts this year, sources said, in a push to help hedge against price swings and increase its pricing power in the global trade for a key material used in mining and agriculture.The Dalian Commodity Exchange could list the sulphur futures con…

Reuters en
EconomyFutures

Markets swivel on tech, Mideast angst

A look at the day ahead in European and global markets from Ankur BanerjeeThe halt to the latest tit-for-tat attacks in the Middle East spurred a twitchy reaction in markets as lingering unease over stretched tech valuations and the prospect of higher-for-longer rates compounded doubts about a ceas…

Reuters en
EconomyForexindex