Local Development Ministry, MSMEDA sign protocol to Boost SMEs
The Ministry of Local Development signed a cooperation protocol with the Micro, Small, and Medium Enterprises…
EIB supports Spanish mid-caps with €300m
The European Investment Bank (EIB) has partnered with Spanish investment bank Banca March to provide up to €300…
EGP declines vs. USD on Tuesday – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
local currency payments boost BRICS financial autonomy – Putin
An increase in payments in national currencies is bolstering the financial independence of BRICS countries and…
EU approves €35b loan to Ukraine using frozen Russian assets
The European Union (EU) approved on Tuesday a plan to use frozen Russian central bank assets to provide a €35…
Egypt adopts medium-term budget framework towards more sustainable public finances
The Medium-Term Budget Framework (MTBF) is one of the key reforms implemented by the Egyptian Ministry of Finance…
Climate events cost EU €26b annually – ECA report
The European Union (EU) has averaged €26 billion in annual economic losses from extreme climate-related events over…
Hybrid cars overtake petrol vehicles in EU sales for 1st time
Hybrid cars accounted for 32.8 per cent of total new car sales in the European Union (EU) in September, surpassing…
BRICS to advance mutual payment mechanisms – Russian minister
Significant advancements in mutual payment mechanisms among BRICS nations are anticipated following the upcoming…
Italian high-yield activities thrive amid strong debt market – Fitch
Italian high-yield and leveraged finance issuers are benefiting from favourable debt capital market conditions,…