IMF, Sri Lanka reach staff-level agreement on second review of funding package
The International Monetary Fund (IMF) announced on Thursday that it had reached a staff-level agreement with the…
French business activity shrinks for tenth month – PMI
French business activity contracted for the tenth straight month in March, as per a recent survey, Reuters reported…
Egypt’s CBE net profit hits EGP 73.1b in Feb.
The Central Bank of Egypt (CBE) achieved a net profit of 73.193 billion Egyptian pounds during February 2024,…
Egypt’s parliament approves $61.7m strategic grants
Egypt’s House of Representatives endorsed four strategic grant agreements totaling $61.7 million for the Ministry…
Norway holds rates steady
Norway's central bank (Norges Bank) held its benchmark interest rate steady at 4.50 per cent on Thursday.
Bid to boost public transport in Egypt’s new urban communities
Egypt’s New Urban Communities Authority (NUCA) and Land Transport Regulatory Authority (LTRA) have signed a…
ECB prepares banks for a changing risk landscape
Eurozone banks must revise their risk management strategies in light of several challenges, according to Claudia…
Swiss franc falls to lowest after SNB rate cut
The Swiss franc experienced a sharp decline against the dollar following the Swiss National Bank (SNB) 25-basis…
Oil recovers on surprise US inventory draw
Oil prices saw a rebound on Thursday, with US crude and gasoline stocks witnessing a drawdown, according to…
Japan’s factory activity declines in March
Japan's factory activity declined at a slower pace in March, while the service sector continued to expand,…
