Bank of Israel at crossroads in upcoming interest-rate decision
The Bank of Israel is at a crossroads in its upcoming interest-rate decision, as analysts are divided between…
Chinese Shimao receives wind-up petition in H. Kong
Chinese developer Shimao Group received a liquidation petition from China Construction Bank (Asia) against it in…
Technology giants dominate Forbes 2024 billionaire list
Bernard Arnault, the luxury goods kingpin behind LVMH, remains the world's richest person according to the 2024…
SCzone inks a $40m deal with Eroğlu for West Qantara project
The General Authority for the Suez Canal Economic Zone (SCZONE) signed on Sunday a $40 million contract with…
Egypt’s inflation drops to 33.1% in March
Egypt’s general Consumer Price Index (CPI) dropped to 221.6 points in March 2024, indicating an annual inflation…
Bank of Russia eyes rate cut in H2 if inflation eases
The Bank of Russia is considering a reduction in the key rate in the latter half of 2024, provided inflation…
China’s PBC adds $2m via reverse repos
The People's Bank of China (PBC) conducted two billion yuan ($281.9 million) of seven-day reverse repos.
Egypt’s c. bank offers EGP 6b zero coupon T-bonds
Egypt’s central bank (CBE) announced on Monday the issuance of 539-day treasury zero-coupon bonds worth six billion…
German stocks lift Europe, ECB meeting awaited
European shares edged up on Monday, with Germany’s DAX leading the way following robust industrial production data…
Egypt’s c. bank auctions fixed-rate EGP deposits
The Central Bank of Egypt (CBE) offered on Tuesday fixed-rate deposits for three years, totalling four billion…
