Africa News IMF unveils Trade Integration in Africa paper Yassmine Elbehnaihy May 6, 2023 0 The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has attended an event in…
Industry & Trade Etihad Airways to allow bookings through AI in BOTIM Yassmine Elbehnaihy May 5, 2023 0 Etihad Airways has signed an agreement with technology firm, Astra Tech, to allow customers to book flights using…
Money Ford cuts electric Mustang Mach-E price by $1,000 Yassmine Elbehnaihy May 5, 2023 0 Ford Motor is reducing the starting prices of its electric Mustang Mach-E by a range of $1,000 to $4,000, as the…
Industry & Trade Egypt studies dollar alternative possibility for trading commodities Yassmine Elbehnaihy May 2, 2023 0 Egypt is putting approving the currencies of its commodity trade partners, including China, India and Russia, into…
Entertainment Ding Liren becomes China’s first male world chess champion Yassmine Elbehnaihy May 2, 2023 0 Ding Liren was crowned as the male world chess champion on Tuesday after defeating Russia’s Ian Nepomniachtchi,…
Tech news Saudi’s United Electronics halts Egypt expansion plans Yassmine Elbehnaihy May 2, 2023 0 United Electronics Company (eXtra)’s expansion plans in Egypt will not go into effect after considering…
Banks Biden assures depositors after First Republic’s collapse Yassmine Elbehnaihy May 2, 2023 0 US President, Joe Biden, has stressed on US regulators’ actions taken to facilitate the sale of First Republic Bank…
Banks BOK, BI to promote local currency transactions Yassmine Elbehnaihy May 2, 2023 0 Bank of Korea (BOK) and Bank Indonesia (BI) have signed a memorandum of understanding (MoU) on Tuesday to promote…
Banks FDIC proposes increasing deposit insurance over $250,000 Yassmine Elbehnaihy May 2, 2023 0 The Federal Deposit Insurance Corporation called for an increase in the deposit insurance limit for business…
Banks RBA hikes interest rates by 25 bps Yassmine Elbehnaihy May 2, 2023 0 Reserve Bank of Australia (RBA) hiked interest rates on Tuesday by 3.85 percent, or 25 basis points, to combat the…