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US Fed enters wait-and-see mode on inflation, holds rates steady
The US Federal Reserve decided to hold its key interest rate steady on Wednesday as it enters a wait-and-see mode…
Egypt eyes stronger ties with WB on sustainability, investment
Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, met with a delegation from the World Bank…
Egyptian expats’ remittances surge in ’24 – CBE
Egypt's remittances from workers abroad went up by 47.1 per cent to reach approximately $26.3 billion in the first…
Central Bank of Egypt withdraws EGP 533b in open market operation
The Central Bank of Egypt (CBE) conducted an open market operation (OMO) on Tuesday, withdrawing 533.050 billion…
Egypt’s Parliament approves amended Russian loan terms for El Dabaa Nuclear Plant
Egypt’s House of Representatives has approved on Tuesday a protocol amending the funding agreement with Russia for…
Egypt issues senior unsecured notes with JP Morgan as stabilisation coordinator
JP Morgan Securities PLC announced on Tuesday its role as the Stabilisation Coordinator for Egypt’s latest bond…
European banks see Q4 profit surge, ’25 outlook wobbles
European banks are set to post strong fourth-quarter 2024 profits, fuelled by robust lending margins and investment…
Syria’s c. bank lifts freeze on most accounts
Syria's central bank has instructed commercial banks to unfreeze most accounts, excluding those linked to…
Pakistan’s c. bank cuts interest rate by 100bps
The monetary policy committee (MPC) of the State Bank of Pakistan (SBP) decided on Monday to reduce the policy rate…
Lagarde: Political influence threatens c. banks independence
European Central Bank President Christine Lagarde has warned that increasing political interference in central…