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Money
Philippines, Indonesia raise interest rates to rein inflation
The central banks of the Philippines, Indonesia have raised their benchmark interest rates on Thursday, as the…
Egypt is exploring affordable loans from China, Japan – minister
Egypt is exploring financing financing options that include affordable loans from China and Japan, Finance Minister…
Egypt hopes to reach IMF deal within one month or two: minister
Egypt hopes to reach an agreement with the International Monetary Fund (IMF) within one to two months, said Finance…
Turkey lowers key interest rate to 12% despite raging inflation
Turkish Central Bank decided to reduce the main interest rate to 12 percent by order of the country's financial…
11th edition of Cityscape kicks off in Egypt
The 11th edition of Cityscape, Egypt’s most trusted and exclusive property show in the MENA Region, has kicked off…
Swiss central bank raises interest rates by 0.75%, ending era of negative rates
Swiss National Bank has raised its benchmark interest rate to 0.5 percent on Thursday, considers a shift that…
S&P Global affirms Orient Takaful Egypt at A with positive outlook
S&P Global Ratings has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer…
Gold declines 1% on surging dollar, hawkish Fed
Gold prices dropped 1 percent on Thursday.
Fed predicts to raise interest rates to 4.6%
The U.S. Federal Reserve (Fed) expected to raise interest rates to 4.6 percent in 2023 before it halts its war…
BREAKING: U.S. Fed fires off another three-quarter point rate hike
The U.S. Federal Reserve (Fed) has on Wednesday lifted its key interest rates by three-quarters of a percentage…