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Egypt, EU sign 35 agreements, MoUs worth $72.4B

CAIRO: Egyptian Prime Minister Mostafa Madbouly announced Sunday that his country has signed 35 agreements and memoranda of understanding worth pound 67.7 billion ($72.4 billion) with European companies and institutions.

Madbouly was speaking at the …

Portugal’s economy expected to grow around 2% in 2024: IMF

ISTANBUL: Portugal’s economy is expected to growth around 2% in 2024, and rebounding slightly to 2.25% in 2025, the International Monetary Fund said on Monday.

Economic growth is expected to be below 2% over the medium-term due to the country’s aging…

Japan’s manufacturing production up ‘marginally’ at end Q2

ISTANBUL: The Japanese manufacturing production increased “marginally” at the end of the April-June period, the data provider S and P Global revealed on Monday.

The production was supported by sustained job creation, the clearing of backlogs, and sto…