Browsing Category
News
ADB offers $50m in loan to finance MSME in Uzbekistan
The Asian Development Bank (ADB) and Hamkorbank have agreed to a loan of 625 billion Uzbek sum (about $50 million)…
Egypt allocates EGP 36b for rationed goods in FY 2024/25
Egypt's total support for rationed goods during FY2024/25 amounts to approximately 36 billion Egyptian pounds,…
Egypt’s c. bank offers EGP 55b in T-bills
The Central Bank of Egypt (CBE) is offering 55 billion Egyptian pounds in treasury bills (T-bills) on Sunday.
Egypt to unveil comprehensive tax policy framework in Q1-25
Egypt’s Finance Minister Ahmed Kouchouk announced on Thursday that a detailed tax policy document outlining…
Brazil’s c.bank raises 2024 GDP growth projection to 3.5% amid resilient economic activity
Brazil’s central bank (BCB) raised its GDP growth forecast from 3.2 per cent to 3.5 per cent for 2024 as the…
Korean won breaches key level, triggering potential $50b pension hedge
South Korea’s won has weakened to levels that could compel the National Pension Service (NPS) to sell up to $50…
US real GDP growth revised higher in Q3
The US economy grew at an annual rate of 3.1 percent in the third quarter of 2024, according to the third estimate…
Egypt partners with GE HealthCare to manufacture ultrasound devices locally
Prime Minister Moustafa Madbouly met with a number of GE HealthCare leaderships to discuss the company’s…
Biden-Harris Administration awards SK hynix $458m
The Biden-Harris Administration awarded SK hynix up to $458 million in direct funding under the CHIPS Incentives…
ECB should maintain rhythm in rate cuts – Simkus
European Central Bank (ECB) Governing Council member Gediminas Simkus emphasised the need for a steady pace of rate…
