Egypt News Egypt narrows budget deficit to EGP 505b in FY23/24 Nada Ali Jul 17, 2024 0 Egypt's total budget deficit for fiscal year 2023/24 decreased to 505 billion Egyptian pounds ($10.5 billion).
Africa News S. African rand drops ahead US economic data Nada Ali Jul 17, 2024 0 The South African rand experienced a slight dip against the US dollar in early Wednesday trade, ahead of the…
International News Japanese manufacturers show high confidence in June – poll Nada Ali Jul 17, 2024 0 Japanese manufacturers were more confident in June, while the service sector showed less optimism, based on the…
Featured Egypt’s gold prices jump 2.31% Nada Ali Jul 17, 2024 0 Egypt’s gold prices rose sharply on Wednesday at 12:02 (09:02 GMT), hitting a new high with a 2.31 per cent…
Featured India’s food subsidy spending to reach $11.9b Nada Ali Jul 17, 2024 0 India's food subsidy spending for the current financial year is expected to reach 2.25 trillion rupees ($11.97…
Financial Institutions IMF boosts S. Korea’s 2024 growth outlook to 2.5% Nada Ali Jul 17, 2024 0 The International Monetary Fund (IMF) raised its 2024 economic growth forecast for South Korea to 2.5 per cent.
Banks Indonesia’s c. bank holds rates at 6.25% Nada Ali Jul 17, 2024 0 Indonesia's central bank, Bank Indonesia (BI), kept its key interest rate unchanged at 6.25 per cent on Wednesday,…
Banks China EximBank issues bonds to support Belt & Road Nada Ali Jul 17, 2024 0 China EximBank has introduced financial bonds to enhance collaboration for the Belt and Road Initiative (BRI) in…
Money China to issue $7.7b ultra-long treasury bonds on July 24 Nada Ali Jul 17, 2024 0 China's Ministry of Finance will issue its fourth batch of ultra-long special treasury bonds on July 24th, valued…
Commodities China likely to resume gold buying despite recent pause Nada Ali Jul 17, 2024 0 China is likely to resume its significant gold purchases, despite a recent pause.