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EGP sees slight rise vs. USD on Thursday opening
The Egyptian pound (EGP) saw a slight rise against the US dollar (USD) when trading began on Thusday, October 17,…
World Bank: Egypt sees GDP accelerating to 3.5% growth in FY25
Egypt’s economic growth is expected at 2.5 per cent in fiscal year 2024 before accelerating to 3.5 per cent in…
Abu Dhabi’s ADQ to acquire 96% stake in Bank Audi’s Turkish Unit
Abu Dhabi-based investment firm ADQ has entered into a definitive agreement to acquire a 96 per cent controlling…
Egypt c.bank issues warning against online banking scams
The Central Bank of Egypt (CBE) issued on Wednesday a stern warning to the public about the increasing number of…
Philippines c. bank cuts interest rate by 25 bps
The Bangko Sentral ng Pilipinas (BSP) decided on Wednesday to reduce its target reverse repurchase (RRP) rate by 25…
WBG unveils financial package to boost lending capacity
The World Bank Group announced a new financial initiative on Tuesday aimed at increasing its lending capacity and…
Bank Indonesia keeps interest rate steady at 6%
The Bank Indonesia (BI) decided on Wednesday to maintain the BI-Rate at 6.00 per cent.
ECB’s cautious policy fuels eurozone inflation – DIW
The European Central Bank (ECB) exacerbated inflation in the eurozone through its cautious monetary policy,…
S. Korea’s M2 grows August ’24 – BOK
South Korea's seasonally-adjusted M2, which includes broad money, grew by 0.2 per cent to 4,062.6 trillion won…
BOJ policymaker warns against premature rate hikes
Bank of Japan (BOJ) should gradually increase interest rates to avoid premature hikes, according to its policymaker…
