Featured Hungary halts rate cuts amid inflation surge Aya El Sayed Aug 27, 2024 0 The Hungarian National Bank decided on Tuesday to keep the base rate unchanged at 6.75 per cent for the first time…
Featured ECB’s Knot: Sept. rate cut depends on data Aya El Sayed Aug 27, 2024 0 Dutch ECB policymaker Klaas Knot stated on Tuesday that while the European Central Bank (ECB) could gradually lower…
Featured EU proposes €1b aid for flood recovery Aya El Sayed Aug 27, 2024 0 The European Union (EU) has proposed over €1 billion in financial support from the EU Solidarity Fund (EUSF) to…
Featured ADB unveils 5-yr strategy to aid Uzbekistan’s green shift Aya El Sayed Aug 27, 2024 0 The Asian Development Bank (ADB) has introduced a new country partnership strategy for Uzbekistan covering…
Featured Egypt’s economy stablising – FinMin Aya El Sayed Aug 26, 2024 0 Egypt’s economic situation is stabilising, Minister of Finance Ahmed Kouchouk stated, emphasising ongoing efforts…
Featured Egypt’s economic performance to beat June targets – minister Aya El Sayed Apr 30, 2024 0 Egypt’s economic and financial performance is showing positive developments, with expectations to surpass targets…
Banks Egypt’s BoP records surplus of $228.8 mln in Q1 of FY 2023/2024 Nada Ali Jan 8, 2024 0 Egypt's Balance of Payments (BoP) has unfolded an overall surplus of $228.8 million in the first quarter of…
Tech/AI MENA managers to raise Egypt investments, say Saudi Arabia, UAE most vulnerable: poll Amwal Al Ghad English May 1, 2020 0 Middle Eastern fund managers are planning to boost investments in Egypt in the current quarter, according to a…
Money S&P affirms Egypt’s ‘B/B’ ratings, but says coronavirus to cause plunge… Yomna Yasser Apr 18, 2020 0 Rating agency S&P Global affirmed on Friday its 'B/B' long- and short-term foreign and local currency sovereign…
Money Egypt growth to decline 2.7 %, various sectors will be affected: IIF Amwal Al Ghad English Mar 30, 2020 0 The Institute of International Finance (IIF) changed its forecasts for Egypt's growth to 2.7 percent from 5.4…