Egypt approves $460m loan from Korean bank
President Abdel Fattah al-Sisi approved a $460 million loan agreement from the Export-Import Bank of Korea (KEXIM),…
S. Africa’s current account deficit widens in Q4 ’23
South Africa's current account deficit surged to R165.5 billion in Q4 2023 from R34.4 billion in Q3, reaching 2.3…
Egypt approves $614.3m loan deal from AMF
Egypt approved a $614.3 million loan agreement from the Arab Monetary Fund (AMF) for the seventh Structural…
Egypt confident in ability to satisfy FX demand – PM
The Egyptian state is confident in its ability to satisfy the demand for foreign currency from now on, Egypt’s…
EGX announces trading hours during Ramadan
The Egyptian Exchange (EGX) announced the schedule of the trading sessions during Ramadan in a statement on…
Nationwide offers to acquire Virgin Money UK in £2.9b deal
The UK's largest building society Nationwide, has a history of successful acquisitions, has agreed to buy Virgin…
Egypt’s NBE offers 1-yr CD with 23% daily yield
The National Bank of Egypt offers on Thursday new one-year certificate of deposit (CD) starting from 1000 Egyptian…
Bank Negara Malaysia to keep rate at five-year high to support currency
Bank Negara Malaysia is anticipated to keep its benchmark interest rate at a five-year high to support the…
Google sets up cybersecurity hub in Tokyo
Google has established a cybersecurity hub in Tokyo, its first in the Asia-Pacific region, Reuters reported on…
India’s rupee surges to 6-m peak
India's rupee has surged to a six-month peak, becoming Asia's top-performing currency as foreign investors continue…
