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Egypt’s c.bank mopps up EGP1.3t in open market operation auction
The Central Bank of Egypt (CBE) withdrew a significant 1.294 trillion Egyptian pounds from the banking sector on…
United Bank soars on EGX debut after stake sale
Egypt's United Bank shares surged on their EGX debut after the government sold a 30 per cent stake, raising nearly…
Fitch Ratings forecasts neutral outlook for Middle East banks in ’25
Fitch Ratings has projected a neutral sector outlook for Middle Eastern banks in 2025, citing stable economic…
Mexico’s inflation rises to 4.55% in Nov
Mexico's annual inflation rate climbed to 4.55 per cent in November 2024, driven by higher energy prices and…
Sanjay Malhotra named India’s new central bank chief
India has appointed Sanjay Malhotra, a seasoned bureaucrat, as the new governor of the Reserve Bank of India (RBI),…
Qatar’s FX reserves hit QR 254.7b in Nov
Qatar's international reserves and foreign currency liquidity at the Qatar Central Bank (QCB) increased by 4.05 per…
China to loosen monetary policy for 1st time in 14 years
China will adopt an "appropriately loose" monetary policy next year, marking its first easing in 14 years, along…
China c.bank offers 47.1b yuan off reverse repo
The People’s Bank of China (PBC) injected 47.1 billion yuan into the banking system on Monday through a seven-day…
Citigroup warns against overconfidence in aggressive ECB rate cuts for 2025
Citigroup Inc. has cautioned traders against expecting swift and aggressive rate cuts from the European Central…
Trump says he won’t replace Fed Chair Powell
US President-elect Donald Trump stated in an interview aired Sunday that he does not intend to replace Federal…