Money Egypt chairs GEMC for 3rd time Yomna Yasser Feb 6, 2024 0 Mohamed Farid, chairman of Egypt’s Financial Regulatory Authority (FRA), has been elected to lead the Growth and…
Money Egypt’s net foreign reserves inch up to $35.249 bln in Jan. – c. bank data Yomna Yasser Feb 5, 2024 0 Egypt’s net foreign reserves inched up to $35.249.5 billion at the end of January 2024 from $35.219 billion at the…
Tech/AI McDonald’s Q4 sales growth slows as Mideast boycotts bite Yomna Yasser Feb 5, 2024 0 McDonald’s Corp.’s sales for the fourth quarter of 2023 have missed investor expectations as growth decelerated,…
Money Egypt’s non-oil activity slows in January as inflationary pressures escalate – PMI Yomna Yasser Feb 5, 2024 0 Non-oil business activity in Egypt witnessed another drop in operating conditions in January, a survey showed on…
Money BREAKING: Egypt’s central bank hikes key interest rates by 200 bps Yomna Yasser Feb 1, 2024 0 Egypt’s central bank has on Thursday hiked its key interest rates by 200 basis points in its first monetary policy…
Tech/AI Red Sea unrest menaces Italy’s economic stability – minister Yomna Yasser Feb 1, 2024 0 The ongoing disruption in the Red Sea region threatens to destabilise Italy's economy and marginalise ports in…
Money Bank of England keeps rates unchanged Yomna Yasser Feb 1, 2024 0 The Bank of England (BoE) announced on Thursday that its Monetary Policy Committee (MPC) decided to keep interest…
Money UAE, Qatar central banks keep rates unchanged in tandem with Fed move Yomna Yasser Feb 1, 2024 0 The UAE and Qatar central banks have kept the interest rates unchanged, following the U.S. Federal Reserve’s move…
Money IMF’s Azour: Gaza war has necessitated Egypt growth forecast revision Yomna Yasser Jan 31, 2024 0 The Gaza war has necessitated the International Monetary Fund (IMF) team to review forecast for Egypt’s real GDP…
Money EXCLUSIVE: Senior IMF official says Egypt loan review still underway Yomna Yasser Jan 31, 2024 0 Negotiations between Egypt and the International Monetary Fund (IMF) over the first and second reviews of Egypt's…