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Financial Institutions
African public health indicators at risk – Egypt’s FinMin urges action
Egypt’s Finance Minister Mohamed Maait has raised concerns about worsening public health indicators across Africa…
IMF lifts global growth forecast to 3.2% in ’24
The International Monetary Fund (IMF) revised on Tuesday the growth forecast upwards to 3.2, reflecting a 0.1…
Asia hedge funds surge in Q1
Asia-focused hedge funds kicked off 2024 with a strong performance, capitalising on several key trends during the…
IMF foresees EU ’25 GDP growth at 1.8%
The International Monetary Fund (IMF) released a new report forecasting steady economic growth for the European…
IMF: Egypt’s GDP to grow 3% in 2024, 4.4% in 2025
Egypt’s economy will grow by 3.0 per cent in 2024, slower than previously forecast, the International Monetary Fund…
Global economy picks up steam, inflation concerns linger
The global economy is showing signs of improvement, expanding for the fifth month in a row. This growth is driven…
China Q1 GDP growth set to slow
China’s economy is estimated to have expanded by 4.6% in the first quarter compared to the previous year, marking…
Egypt’s initial surplus grows more than 8-fold y-o-y in 9 months –minister
Egypt registered an initial budget surplus of 416 billion Egyptian pounds ($8.75 billion) in the first nine months…
Egypt’s top FX firms collect EGP 11.9b after flotation decision
The exchange firms associated with the National Bank of Egypt, Banque Misr, and Banque du Caire have collected…
Paris Club pushes Ethiopia’s IMF deal deadline to June
The Paris Club, a group mainly comprising developed country creditors, reportedly extended Ethiopia's deadline to…