Parkin signs MoU to explore parking, smart mobility solutions in Egypt

Parkin Company PJSC has signed a Memorandum of Understanding with Modon Misr for Asset & Facility Management, Mwasalat Misr and Redcon Properties to explore opportunities for collaboration in developing parking management and smart mobility solutions in the Arab Republic of Egypt, marking Parkin’s first...
Ministry of Finance equips national talent with latest global practices in asset management

The Ministry of Finance has entered into a strategic partnership agreement with the Asset Management Academy (AMA) and Turner Mariam Mohammed Al Amiri, Assistant Undersecretary for the Government Financial Management Sector at the Ministry; and a number of officials and specialists from both sides.AlKh...
Trump pauses tariffs on Canadian imports

US President Donald Trump announced late on Tuesday he was putting a three-day pause on new 50 percent tariffs set to go into effect on Canadian goods at midnight, saying the two countries had reached a deal.An hour later, Canadian Prime Minister Mark Carney said in a statement that "substantial prog...
Dollar drifts near multi-month lows

The US dollar drifted near multi-month lows against major peers on Wednesday as Treasury yields eased from recent highs, with investors awaiting minutes of the Federal Reserve's latest policy meeting for clues on the path of interest rates.The euro inched higher to $1.1577, remaining close to the t...
Nikkei slumps sharply as tech sell-off spreads

TOKYO, 19th August, 2026 (WAM) -- Japan’s Nikkei slumped sharply on Wednesday, tracking a sharp sell-off in technology shares on Wall Street overnight.The benchmark Nikkei 225 fell 2.97% to 65,459.71 in early trading. The broader Topix slipped 2.72% to 4,027.56.