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Money
Gold prices in Egypt on May 8
Gold prices today in Egypt inched higher on Sunday as the global prices of the yellow metal are $1,883.40.
Egypt’s non-oil private sector activity continues contraction but PMI improves to 46.9 in…
Egypt’s non-oil private sector activity contracted in April, continuing a 17-month deterioration as the ongoing war…
U.S. Fed unveils biggest interest rate rise in 22 years
The U.S. Federal Reserve has announced on Wednesday its biggest interest rate increase in more than two decades, a…
GFH to cross list its shares on ADX in May
Bahrain investment bank GFH Financial Group is planning to list on the Abu Dhabi Securities Exchange (ADX) in May,…
IDEA Group unveils new expansion plan
IDEA Group for Management and Marketing Services announced on Saturday a new expansion plan to serve more than 15…
Egypt, Sri Lanka, Tunisia will have debt talks with the IMF – chief
The International Monetary Fund (IMF) will meet with nations including Egypt, Sri Lanka, and Tunisia to discuss the…
World Bank keeps Egypt’s real GDP growth at 5.5% in 2021/2022
The World Bank (WB) decided to maintain Egypt’s real GDP growth at 5.5 percent for the financial year 2021/2022,…
Egypt aims to host 2023 annual Asian Infrastructure Investment Bank meeting
Egypt plans to host the eighth annual meeting of the board of governors of the Asian Infrastructure Investment Bank…
Standard Chartered exits seven businesses in Africa, Mideast to focus on Egypt, Saudi…
Britain’s Standard Chartered Bank is planning to exit its operations in seven countries in Africa and the Middle…
UAE’s First Abu Dhabi Bank withdraws acquisition offer for Egypt’s EFG Hermes
First Abu Dhabi Bank (FAB), the UAE’s biggest lender by assets, withdrew its offer to acquire a majority stake in…