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ECB to cut rates as inflation concerns rise – Villeroy
The European Central Bank (ECB) is likely to cut interest rates on October 17, 2024, due to weak economic growth…
WB signs $200m loan to support Sri Lanka’s economy
World Bank and Sri Lanka signed a $200 million deal for the Second Resilience, Stability, and Economic Turnaround…
Indonesia’s c. bank intervenes to support weakening rupiah
Indonesia's central bank, Bank Indonesia (BI), is taking steps to bolster the rupiah, which is experiencing its…
China holds off on gold purchases for 5th straight month
The People's Bank of China (PBC) maintained its gold holdings at 72.8 million troy ounces at the end of September.
Egypt’s c. bank offers EGP 2b FRN T-bonds
The Central Bank of Egypt (CBE) announced on Monday the issuance of two billion Egyptian pounds worth of…
Egypt’s CBE auctions EGP 50b in T-bills
The Central Bank of Egypt (CBE) is offering 50 billion Egyptian pounds in treasury bills (T-bills) on Monday.
AECSD, AMEDA conclude landmark summit, highlighting global CSD innovations
The Association of Eurasian Central Securities Depositories (AECSD) and the Africa and Middle East Depositories…
CBE: Egyptian banks maintain low exposure to market risk, below 3%
Egypt's banking sector faces a low level of market risk, with exposure accounting for less than three per cent of…
CBE: Egypt’s banking sector net profit soars 118.9% in FY23
Egypt's banking sector saw a 118.9 per cent increase in net profit for fiscal year 2023, surpassing the 29.8 per…
Egypt’s private sector attracts $11b in development funding
Egypt's private sector has attracted $11 billion in development financing from a variety of multilateral and…
