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Egypt’s CBE issues EGP 90b in T-bills
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 90 billion Egyptian…
EBRD, Banque Misr back 5G rollout with $80m
The European Bank for Reconstruction and Development (EBRD) and Banque Misr are providing a syndicated loan worth…
Egypt’s c.bank governor leads delegation to AfDB Annual Meetings in Abidjan
Central Bank of Egypt (CBE) Governor Hassan Abdalla is heading Egypt’s delegation to the African Development Bank’s…
N. Zealand cuts interest rate
The Reserve Bank of New Zealand’s (RBNZ) Monetary Policy Committee decided to cut the official cash rate by 25…
AfDB cuts Africa’s ’25 growth forecast to 3.9%
The African Development Bank (AfDB) has cut its 2025 economic growth forecast for Africa to 3.9 per cent, down from…
IMF hails Egypt’s tax, customs reforms; urges further steps
The International Monetary Fund has welcomed Egypt’s recent efforts to modernise and streamline tax and customs…
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…
Egypt’s Nasser Social Bank, Ahl Masr Hospital sign MoU to boost burn treatment services
Egypt’s Minister of Social Solidarity Maya Morsy on Tuesday witnessed the signing of a memorandum of understanding…
Lagarde sees euro as strong rival to US dollar
European Central Bank President Christine Lagarde said on Monday that the euro could become a strong alternative to…
China’s c. bank issues 448b yuan off reverse repo
The People’s Bank of China (PBC) announed on Tuesday a 7-day 448-billion-yuan reverse repo at an interest rate of…