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China’s PBC offers 119.3b yuan off reverse repo
The People’s Bank of China (PBC) announced on Thursday a 7-day 119.3-billion-yuan reverse repo at an interest rate…
Egypt’s CBE issues EGP 90b in T-bills
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 90 billion Egyptian…
AfDB sees Egypt’s economy gradually recovering
Egypt’s economy is expected to maintain its recovery in the coming years, with the African Development Bank (AfDB)…
ECB rate cut to keep inflation on track – Lane
The European Central Bank’s latest interest rate cut will support inflation returning to the 2 per cent target…
China’s c. bank issues 164b yuan off reverse repo
The People’s Bank of China (PBC) announced on Wednesday a 7-day 164-billion-yuan reverse repo at an interest rate…
CBE extends compliance deadline for registered auditors
The Central Bank of Egypt (CBE) has extended the deadline for auditors and affiliated accounting firms listed in…
World Bank cuts S. Arabia’s ’25 growth forecast to 2.8%
The World Bank has revised down Saudi Arabia’s 2025 growth forecast by 0.6 percentage point to 2.8 per cent, and…
Egypt’s economy to grow by 3.8% in FY 2024/25 – World Bank
Egypt’s economy is expected to grow by 3.8 per cent in fiscal year 2024/25, up from an estimated 2.4 per cent in…
FRA renews registration of 3 advisory firms
Egypt's Financial Regulatory Authority (FRA) has approved the renewal of registration for three companies— Zilla…
EGP climbs vs US dollar at Tuesday’s close
The CBE reported an average buying rate of EGP 49.4714 per dollar and a selling rate of EGP 49.5694, compared to…
AfDB 2023