Featured Pakistan optimistic about IMF loan approval in Sept. Nada Ali Aug 21, 2024 0 Pakistan's Finance Minister, Muhammad Aurangzeb, is optimistic about securing board approval for a new $7 billion…
Featured EGP closes high vs. USD on Wednesday Aya El Sayed Aug 21, 2024 0 The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
Banks Philippines maintains net creditor to IMF – report Nada Ali Aug 21, 2024 0 The Philippines will continue to lend more to the International Monetary Fund (IMF) than it borrows, reflecting the…
Energy Egypt completes 1st offshore project for Côte d’Ivoire Aya Anwar Aug 21, 2024 0 The Egyptian Ministry of Petroleum announced the completion of the Aptara Modular Compact Manifold, a modern…
Energy EBRD, Raiffeisen Bank fund 300 MW solar projects in Romania Aya El Sayed Aug 21, 2024 0 The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing €110…
Banks Indonesia holds key interest rates at 6.25% Nada Ali Aug 21, 2024 0 The benchmark 7-day reverse repurchase rate was kept at 6.25 per cent and the overnight deposit facility rate at…
Featured European shares rise on midday Aya El Sayed Aug 21, 2024 0 European shares edged higher on Wednesday as investors awaited the outcome of the US Federal Reserve meeting.
International News S. Korea business sentiment worsens at 92.5 in August Nada Ali Aug 21, 2024 0 South Korea’s composite business sentiment index (CBSI) for all industries declined by 2.6 points to 92.5 in…
Egypt News Egypt economy: Investment income deficit posts $14b in 9m – CBE Nada Ali Aug 21, 2024 0 Egypt's investment income deficit expanded by four per cent to $14 billion in the July-March period of the…
Banks S. Korea’s foreign debt falls by $9.2b in Q2 Nada Ali Aug 21, 2024 0 The Bank of Korea (BOK) reported that foreign debt decreased by $9.2 billion to $658.3 billion in the April-June…