IMF’s support to Tunisia is still on -Jihad Azour
The International Monetary Fund (IMF) has not received any requests from the Tunisian authority about reconsidering…
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Hassan Abdalla: resolving supply woes a key to curb Egypt’ inflation rates
Egypt’s central bank governor Hassan Abdalla said on Thursday the preexisting supply chain problems are among the…
Bank of Canada keeps interest rates at 4.50 percent
The Bank of Canada (BoC) has kept interest rates stable at 4.50 percent, but continues with its tightening policy,…
Ukraine pleads more aid from IMF, World Bank
Ukrainian President, Volodymyr Zelenskyy called for Russia’s frozen assets to be available to compensate Ukraine…
Banking crisis adds to global economic turmoil- IMF
The International Monetary Fund (IMF) forecast for the 2023 global economic growth fell to 2.8 percent from 3.4…
Cuba lifts bank cash deposits in US dollars ban
Cuban banks are going back to accept cash deposits in U.S. dollars, as the Central Bank of Cuba (BCC) has lifted a…
Deutsche Bank to shutdown Russian IT operations
Deutsche Bank is set to close its Russian software technology operations in Moscow and St Petersburg, after many…
US banks save up reserves after First Republic Bank rescue
JPMorgan Chase and Co, Wells Fargo & Co, Citigroup Inc and Bank of America are setting $100 million each in Q1…
Yellen to push development bank progression at Spring Meetings
US Treasury Secretary, Janet Yellen, will be hosting a roundtable discussion on Wednesday, to evolve the World Bank…
Ahli Bank in Oman receives merger deal from Dhofar Bank
Ahli Bank in Oman has received a non-binding offer from Oman’s second biggest lender, Bank Dhofar, for a merger,…