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Qatar’s foreign reserves surge by 3.96%
The Qatar Central Bank (QCB) witnessed a 3.96 per cent year on year (YoY) surge in its foreign currency reserves…
Egypt gets World Bank recognition for fairer market reforms
The World Bank is applauding Egypt's efforts to create a more level playing field for businesses. Stephane Guimbert…
EBRD supports Egypt’s competition protection agency
The European Bank for Reconstruction and Development (EBRD) is actively assisting the Egyptian Competition…
EGP closes slightly down against US dollar on June 9th
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
EGP nudges down in early Sunday Trade
The Egyptian Pound (EGP) nudged down against the US Dollar (USD) at the start of trading on Sunday, June 9, 2024.
Egypt gets initial approval for $820m IMF loan disbursement
The International Monetary Fund (IMF) and Egypt have reached an initial agreement that would give the country an…
Kenya to use part of World Bank loan to repay debt
Kenya intends to allocate a portion of its World Bank budget support loan to fulfil a payment of approximately $500…
Lagarde’s speech following ECB rate cuts
The European Central Bank (ECB) announced a 25-basis-point reduction in borrowing costs from record highs on…
URGENT: ECB announces 1st rate cut in 5 years
The European Central Bank (ECB) announced on Thursday a 25-basis-point reduction in key interest rates, according…
Egypt first to host NDB’s seminar outside BRICS founding states
Egypt will host the first-ever international seminar of the New Development Bank (NDB) held outside BRICS founding…
