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Money
Egypt cuts inflation target to 9% for 2019
Egypt's central bank has lowered its annual inflation target to 9 percent in 2019, assistant sub governor for…
AFI nominates Egypt for women committee vice president
Egypt is nominated as the vice president of the Alliance for Financial Inclusion's (AFI) women committee, said…
Egypt’s central bank signs deal for economic empowerment for women
Egypt's central bank has signed on Wednesday a deal with the National Council for Women that calls for the economic…
Banque Du Caire says raised $700 million since Egypt currency float
Banque Du Caire, one of Egypt's largest and oldest public lenders, says it has collected around $700 million in the…
European Investment Bank raised €8.2 billion for Egypt projects over 35 years
The European Investment Bank has provided financing for Egypt worth around €8.2 billion ($9.8 billion) for more…
Doha Bank cuts staff after Qatar’s rift with neighbors: sources
Doha Bank has cut around en jobs in the United Arab Emirates and plans to put some staff in the region on unpaid…
Egypt’s current account deficit falls 50% in Q4 of FY2017: CBE
Egypt’s current account deficit narrowed by 50 percent in the fourth quarter of financial year 2016/2017 to stand…
Bank of Canada’s silence leaves markets looking for more clues on rates
The Bank of Canada’s reticence to guide markets on the future path of monetary policy has left many scrambling to…
Harvey, Irma Hurricanes give Fed more reasons to hold interest rates this year
Economic disruptions caused by a back-to-back pummeling from hurricanes in the United States may just seal the deal…
London wins top financial centre title once again as gap with New York grows
London has held onto top spot in the latest ranking of global financial centres as the gap with second placed New…