ECB urges new regulations for AI in finance
The European Central Bank (ECB) is calling for a close watch on the use of artificial intelligence (AI) in finance.…
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Ukraine’s economy to grow by 3.0% in ’24 – EBRD
Ukraine’s economy is projected to grow by 3.0 per cent in 2024, as forecasted in the Regional Economic Prospects…
EBRD forecasts 1.5% GDP growth for Russia in ’25
The Russian economy is projected to experience modest GDP growth of 1.5 per cent in 2025, according to the Regional…
Turkey’s economy to see 3.0% growth in ’25 – EBRD
Turkey’s economy is likely to rebound in 2025, with a projected GDP growth rate of 3.0 per cent, according to the…
European shares soar to record highs on industrials
Europe’s benchmark index, the STOXX 600, reached a record high on Wednesday, rising by 0.4 per cent due to positive…
FTSE 100 soars to record peak
Britain’s FTSE 100 reached a record high on Wednesday, led by Experian’s optimistic annual revenue forecast,…
US, EU split on strategy for Russia’s frozen assets
The US and European nations are at odds over the handling of Russia’s frozen assets, estimated at around $300…
Australia sees slower wage growth in Q1
Australian wage growth slowed from 15-year highs in Q1 2024, indicating a potential peak in this cycle and a…
EGP takes a dip against USD in early market trade
The Egyptian Pound (EGP) slightly fell against the US Dollar (USD) at the market open on May 15, 2024.
EGP closes high on Tuesday – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…