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Financial Institutions
World Bank boosts Djibouti’s economic management with $5m
The World Bank approved on Sunday an additional $5 million for Djibouti’s economic management and statistics…
Japan’s JBIC seeks $2.5b loan for mine expansion
The Japan Bank for International Cooperation (JBIC) is teaming up with South Korean and German…
Singapore’s PCG plans to reopen $1.42B luxury ski fund in Japan
Singapore-based investor Patience Capital Group (PCG) is considering reopening its $1.42 billion luxury ski project…
Private credit funds-banks ties in Europe deepen amid higher default risks
A record 80 per cent of new European private credit funds used bank loans in 2023, known as subscription lines’, to…
Citigroup predicts BoE to reduce interest rates in June
Citigroup predicts the Bank of England (BoE) will reduce interest rates this year, with the first cut likely in…
EU prepares €7.4b aid package for Egypt
The EU is preparing a €7.4bn aid package for Egypt to support its economy and address potential financial…
EXCLUSIVE: EU investment portfolio in Egypt reaches €1.2b
The EU’s total portfolio of investments in Egypt stands at approximately €1.2 billion, covering various sectors…
IMF-Egypt deal may catalyse $20b in foreign funds – FinMin
The new International Monetary Fund (IMF) deal is expected to catalyse a total of $20 billion in foreign support…
IMF board to meet on Egypt loan deal before March-end
The International Monetary Fund's executive board is expected to meet before the end of March to approve the…
Georgieva: IMF-Egypt deal ‘significant step’
International Monetary Fund Managing Director Kristalina Georgieva said in a tweet on Wednesday the staff-level…