Economy

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ZAWYA: KONE and Arab International Optronics sign strategic Letter of Intent to support Egypt’s sustainable urban development vision

Cairo, Egypt — KONE, a global leader in the elevator and escalator industry, and Arab International Optronics (AIO), one of Egypt’s leading industrial manufacturing companies focused on supporting local industrial development and advanced technology solutions, signed a Strategic Letter of Intent (L…

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ZAWYA: Alizz Islamic Bank and Development Bank sign MoU

Reinforcing their shared commitment to supporting Oman's economic diversification and empowering the private sector, Alizz Islamic Bank has signed a Memorandum of Understanding (MoU) with Development Bank to launch a Financing Guarantee Programme aimed at facilitating access to financing for Omani…

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Economy
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Major Canadian Economic Indicators Expected This Week

All dates are in ET Time. Wednesday, July 1, 2026 Exp Prev ET/GMT N/A Canada: Canada Day. Financial markets closed N/A Philippine President Ferdinand Marcos Jr. travels to Canada Thursday, July 2, 2026…

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Economy
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ZAWYA: Egypt to add 2.2GW of renewables, 1.3GWh of battery storage in 2026

Eman HamedEgypt plans to connect 2,200 megawatts (MW) of renewable energy capacity and 1,300 megawatt-hours (MWh) of battery energy storage systems (BESS) to the national electricity grid during 2026, Electricity and Renewable Energy Minister Mahmoud Esmat said on Tuesday.The announcement was made…

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Economy
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Eurozone Manufacturing Activity Expands Moderately

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The euro area manufacturing activity continued to grow in June as production expanded moderately and cost pressures softened but supply conditions remained a challenge, final survey data from S&P Global showed Wednesday.The final manufacturing Purchasing Manager…

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Economy
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Taiwan-Singapore Emerging as Asia's New Growth Corridor — Market Talk

The Singapore-Taiwan corridor is emerging as one of Asia's fastest-growing trade and investment relationships, Ma Tieying, senior economist at DBS Group Research, writes in a note. Singapore's expanding role as a regional hub for information and communications technology products, and the deepening…

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Economy

Kicking off H2

By Mike DolanWhat matters in U.S. and global markets todayBy Mike Dolan, Editor-at-Large, Finance and MarketsThe new month, quarter and second half kicked off in a cautious mood, with U.S. Treasury yields jumping overnight as the June jobs report looms, and investors are already looking ahead to th…

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