TEHRAN (ANA)- Saudi Arabia's Public Investment Fund (PIF) is planning to increase its investments in Egypt and convert its deposits in Egypt into investments, said Saudi Minister of Investment Khalid Al-Faleh.

TEHRAN (ANA)- Egypt raised pump prices for gasoline and diesel again, the latest step in its economic reform program aimed at managing fuel subsidies, the Ministry of Petroleum and Mineral Resources said in a statement.

TEHRAN (ANA)- Zimbabwean Finance Minister Mthuli Ncube unveiled further measures to increase the use of the newly-introduced currency Zimbabwe Gold (ZiG) to sustain macroeconomic stability.

TEHRAN (ANA)- Nigeria's oil revenue grew from 11 percent in the first half (H1) of 2023 to 30 percent in H1 2024, with the economy growing faster due to ongoing reforms, a senior government official said.

TEHRAN (ANA)- Ghana's central bank announced that it would deepen its strong monetary policy stance despite the recent reductions in the inflation rate.

TEHRAN (ANA)- The Egyptian Suez Canal's annual revenue dropped by about 23.4 percent in the fiscal year 2023/2024 due to the Red Sea crisis, Osama Rabie, chairman of the Suez Canal Authority (SCA), said in a statement.

TEHRAN (ANA)- Africa faces a deficit of 15 million in the supply of teachers, which hinders the continent's development, a senior African Union (AU) official said.

TEHRAN (ANA)- The World Bank pledged 100 million U.S. dollars to help Zambia speed up its digital infrastructure and increase access to the internet.

TEHRAN (ANA)- Egypt's Minister of Supply and Internal Trade Sherif Farouk said the country's reserve of wheat is enough for 6.9 months, Egypt's official news agency MENA reported.

TEHRAN (ANA)- The South African Reserve Bank (SARB), the country's central bank, decided to keep its repurchase rate unchanged at 8.25 percent for the seventh consecutive time to tame inflation.