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Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end
Fitch Ratings expects ASEAN’s Islamic finance industry, valued at nearly $950 billion in mid-2025, to exceed $1…
Sisi ratifies €10m Egypt account project agreement with EBRD
Egypt’s President Abdel Fattah El-Sisi issued Decree No. 146 of 2025 approving a cooperation agreement with the…
China’s PBC issues 128.7b yuan off reverse repo
The People’s Bank of China (PBC) announced on Thursday, 14 August 2025, a 7-day 128.7-billion-yuan reverse repo at…
Egypt’s c. bank issues EGP 90b in T-bills
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 90 billion Egyptian…
EGP climbs vs USD in Wed.’s trading close
The Egyptian pound (EGP) climbed against the US dollar (USD) on Wednesday, August 13, 2025, according to data from…
MSMEDA, Banque du Caire sign EGP500m microfinance contracts
MSMEDA CEO Basil Rahmy said the agreements align with directives from the political leadership to expand…
EGP nudges down vs USD in early Wed. trading
The Egyptian pound (EGP) nudged down against the US dollar (USD) during early trading on Wednesday, August 13,…
China’s c. bank issues 118.5b yuan off reverse repo
The People’s Bank of China (PBC) announced on Wednesday, 13 August 2025, a 7-day 118.5-billion-yuan reverse repo at…
Egypt offers to help fund Uganda-Kenya Angololo Dam Project
Egypt is ready to help finance the Angololo Multipurpose Dam Project between Uganda and Kenya through a $100…
Australia cuts cash rate as inflation eases
The Reserve Bank of Australia (RBA) lowered its cash rate target by 25 basis points to 3.60 per cent at its meeting…