Browsing Category
Financial Institutions
2023 revenue soars 40.0% y-o-y – Markaz
Kuwait Financial Centre, Markaz, announced on Sunday a rise in total revenue to KD 26.32 million in 2023 from KD…
IMF urges Zimbabwe to expedite currency reforms
The International Monetary Fund (IMF) after the completion of staff mission to Zimbabwe, has urged the country to…
EU investment portfolio in Egypt hits €5.8 billion – official
The EU’s investment portfolio with Egypt has reached €5.8 million ($6.2 billion), said Gerassimos Thomas,…
SoftBank shares surge to highest level since May ’21
SoftBank Group Corp. stocks surged by 11 per cent, reaching its highest level since May 2021 due to the strong…
S. Korea’s dollar bond deals reach $15 bln
South Korean companies have issued over $15 billion worth of bonds since January 1, a 30 per cent increase from the…
IMF confident in world economic outlook
The International Monetary Fund’s chief, Kristalina Georgieva, on Monday expressed confidence in the world economic…
URGENT: IMF to extend significant support to Egypt – chief
The International Monetary Fund (IMF) is expected to extend significant support to Egypt as it was successful in…
Visa, EBC sign MoU to ease Egyptian’s remittances abroad
Visa and Egyptian Banks Co. (EBC) signed a MoU, in coordination with the Central Bank of Egypt (CBE), to enhance…
IMF: Red Sea shipping activity down 50% due to Gaza war
Shipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the conflict in Gaza,…
IMF chief confident in economic outlook despite uncertainties
International Monetary Fund’s (IMF) managing director Kristalina Georgieva expressed confidence on Sunday in the…