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World Bank cuts S. Arabia’s ’25 growth forecast to 2.8%
The World Bank has revised down Saudi Arabia’s 2025 growth forecast by 0.6 percentage point to 2.8 per cent, and…
Egypt’s economy to grow by 3.8% in FY 2024/25 – World Bank
Egypt’s economy is expected to grow by 3.8 per cent in fiscal year 2024/25, up from an estimated 2.4 per cent in…
FRA renews registration of 3 advisory firms
Egypt's Financial Regulatory Authority (FRA) has approved the renewal of registration for three companies— Zilla…
EGP climbs vs US dollar at Tuesday’s close
The CBE reported an average buying rate of EGP 49.4714 per dollar and a selling rate of EGP 49.5694, compared to…
Indonesia’s foreign reserves steady in May – c. bank
Indonesia’s official reserve assets remained stable at $152.5 billion at the end of May 2025, unchanged from April.
S. Korea’s financial account posts $4.51b surplus in April ’25
South Korea's financial account recorded a net increase of $4.51 billion in April 2025.
China’s PBC offers 198.6b yuan off reverse repo
The People’s Bank of China (PBC) announced on Tuesday a 7-day 198.6-billion-yuan reverse repo at an interest rate…
Zambia secures IMF staff-level deal
Zambia has reached a staff-level agreement with the IMF for a $194 million disbursement under the Fifth Review of…
EGP flat vs USD in early Tuesday trade
The Egyptian pound (EGP) trod water against the US dollar (USD) during early trading on Tuesday, June 10, 2025.
Egypt’s gold reserves inch up to $13.679b in May – CBE
Egypt’s gold reserves rose slightly to $13.679 billion in May from $13.629 billion in April, according to data…