Browsing Category
Banks
EBRD forecasts Egypt’s GDP growth at 4.2% in FY25, 4.7% in FY26
The European Bank for Reconstruction and Development (EBRD) has projected Egypt’s economy to grow by 4.2 per cent…
Indonesia launches 1st-ever gold bank service
Indonesian President Prabowo Subianto introduced the nation's inaugural gold bank service on Wednesday, with the…
Egypt invests over EGP27b in Upper Egypt development in 7 years
Egypt has implemented 5,633 projects under the Upper Egypt Local Development Programme over the past seven years,…
China’s PBC issues 548.7b yuan off reverse repo
The People’s Bank of China (PBC) announced on Wednesday a 7-day 548.7-billion-yuan reverse repo at an interest rate…
S. Korea’s c. bank cuts base rate to 2.75%
The Monetary Policy Board of the Bank of Korea (BoK) announced on Tuesday a 25-basis-point reduction in the Base…
China’s c. bank issues 318.5b yuan off reverse repo
The People’s Bank of China (PBC) announced on Tuesday a 7-day 318.5-billion-yuan reverse repo at an interest rate…
Egypt’s CBE announces banking hours for Ramadan ’25
The Central Bank of Egypt (CBE) has announced the official working hours for the banking sector during Ramadan…
Egypt’s PM, CBE governor review latest positive economic indicators
Prime Minister Moustafa Madbouly met with Central Bank of Egypt (CBE) Governor Hassan Abdalla on Monday to review…
Egyptian expat remittances soar 51.3% in 2024, Dec sees historic high
Egypt has recorded a remarkable 51.3 per cent surge in remittances from Egyptians working abroad in 2024, reaching…
China’s central bank injects 292.5b yuan cash via reverse repo
The People’s Bank of China (PBC) has injected 292.5 billion yuan into its banking system through a seven-day…