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Money
IMF: Venezuela’s inflation rate may soar beyond 2,300% in 2018
Venezuela’s triple-digit annual inflation rate is set to soar to more than 2,300 percent in 2018, the highest…
BNP Paribas says to stop working with shale oil players and shift to renewable investments
BNP Paribas, France's biggest listed bank, announced Wednesday it would no longer work with oil and natural gas…
IMF raises Egypt 2017 economic outlook to 4.1%, MENA unchanged
The International Monetary Fund on Tuesday raised its forecast for Egypt’s economic growth this year to 4.1…
IMF raises global economic outlook for 2017, 2018 but warns of risks
The International Monetary Fund is slightly more optimistic about global growth yet remained clearly concerned…
AlexBank signs MoU to empower Egyptian women via financial inclusion
AlexBank, a member of Italian bank Intesa Sanpaolo, signed Tuesday a memorandum with the National Council for Women…
Russia’s central bank plans to ban websites that offer bitcoins
Russia will block access to the websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central…
Saudi Arabia launches $1 billion fund to support SMEs
Saudi Arabia's Public Investment Fund (PIF) announced Tuesday the establishment of the Fund of Funds, a new SR4…
Egypt c.bank to double mortgage finance initiative to 20bn pounds
The Central Bank of Egypt (CBE) has decided to double the funds allocated or mortgage finance initiative to 20…
Egypt partakes in IMF annual meetings
Egypt participated in the annual meetings (Autumn Meetings) of the International Monetary Fund (IMF) and the World…
Egypt c.bank, NCW, Amwal Al Ghad team up for First Women Mentorship Programme
Amwal Al Ghad Magazine, the founder of Top 50 Women Forum, will sign on October 22 an agreement with the National…