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Sri Lanka’s economy grows in Q3 ’24
The Sri Lankan economy expanded by 5.5 per cent in the third quarter of 2024, as per the most recent data released…
EIB, Iberdrola partner for €100m Sicilian photovoltaic plant
The European Investment Bank (EIB) and Iberdrola, backed by SACE’s Archimede Guarantee, have signed a €100 million…
CBE governor stresses financial stability in Arab banking sector
The Central Bank of Egypt (CBE) governor Hassan Abdalla emphasised the importance of enhancing financial stability…
ECB’s Vujcic: Rate cuts to persist in 2025
The European Central Bank (ECB) will maintain its course of reducing borrowing costs in 2025, according to…
EBRD offers $13.5 to support Armenia’s 1st sustainability bond
The European Bank for Reconstruction and Development (EBRD) has invested $13.5 million (€12.9 million) in Team…
ADB offers $50m in loan to finance MSME in Uzbekistan
The Asian Development Bank (ADB) and Hamkorbank have agreed to a loan of 625 billion Uzbek sum (about $50 million)…
Egypt’s c. bank offers EGP 55b in T-bills
The Central Bank of Egypt (CBE) is offering 55 billion Egyptian pounds in treasury bills (T-bills) on Sunday.
Brazil’s c.bank raises 2024 GDP growth projection to 3.5% amid resilient economic activity
Brazil’s central bank (BCB) raised its GDP growth forecast from 3.2 per cent to 3.5 per cent for 2024 as the…
US real GDP growth revised higher in Q3
The US economy grew at an annual rate of 3.1 percent in the third quarter of 2024, according to the third estimate…
ECB should maintain rhythm in rate cuts – Simkus
European Central Bank (ECB) Governing Council member Gediminas Simkus emphasised the need for a steady pace of rate…