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Financial Institutions
EU raises €7b in successful bond sale
The European Union announced on Tuesday that it had successfully raised €7 billion through a syndicated bond sale,…
Euro area annual inflation hits 2.0% in October
Euro area annual inflation rose to 2.0 per cent in October 2024, up from 1.7 per cent in in the previous month,…
IMF, Ukraine reach agreement on $1.1b EFF review
The International Monetary Fund (IMF) and Ukrainian authorities have reached a staff-level agreement on the sixth…
Pakistan holds unscheduled talks with IMF on $7b bailout reform agenda
Pakistan engaged in an unscheduled round of talks with the International Monetary Fund (IMF) last week to discuss…
PM chairs first meeting of Egypt’s new debt oversight committee
Egypt's Prime Minister, Moustafa Madbouly chaired on Sunday the inaugural meeting of the External Debt Oversight…
Remittances from Egyptian expats in G20 hit $11.1b in FY22/23 – CAPMAS
Remittances from Egyptians working in the G20 countries amounted to $11.1 billion in the 2022/2023 fiscal year, a…
PM denies IMF loan rumours, reassures Egypt on economic path
Prime Minister Moustafa Madbouly on Thursday dismissed recent rumours suggesting that Egypt had requested the…
Egypt tightens fiscal reins with new debt cap law
The Egyptian Cabinet approved on Thursday the implementation of the Unified Public Finance Law, which aims to…
US budget deficit hits $257b in Oct. ’24
The US budget deficit reached $257 billion in October, with total receipts amounting to $327 billion and total…
S. Arabia’s wholesale index up by 2.4% in Oct. ’24
Saudi Arabia's wholesale price index (WPI) rose by 2.4 per cent year on year (YoY) in October, driven primarily by…
