WBG unveils financial package to boost lending capacity
The World Bank Group announced a new financial initiative on Tuesday aimed at increasing its lending capacity and…
Indian rupee rebounds amid dollar sell-off
The Indian rupee slightly strengthened against the US dollar on Wednesday, closing at 83.995, supported by…
Egyptian Competition Authority approves AngloGold Ashanti’s acquisition of Centamin
The Egyptian Competition Authority (ECA) has approved AngloGold Ashanti plc's acquisition of Centamin plc, a…
UK house prices 2.8% up in August ’24
Average UK house prices rose by 2.8 per cent to £293,000 in the 12 months leading to August 2024, according to…
Italy to raise capital gains tax on bitcoin to 42%
Italy plans to raise the capital gains tax on bitcoin to 42 per cent from the current 26 per cent, aiming to fund…
Egypt’s fruit, vegetable production hikes in ’22/’23
Egypt's agricultural sector has witnessed a significant increase in both fruit and vegetable production in the…
Bank Indonesia keeps interest rate steady at 6%
The Bank Indonesia (BI) decided on Wednesday to maintain the BI-Rate at 6.00 per cent.
Italy plans to raise €4b through tax reforms for banks
Italy will raise approximately 0.2 per cent of its gross domestic product (GDP), or around €4 billion ($4.35…
Egypt’s Arab Contractors wins $70-m road project in Uganda
Arab Contractors Co. has secured a $70 million contract for the design and implementation of the 56-kilometer…
ECB’s cautious policy fuels eurozone inflation – DIW
The European Central Bank (ECB) exacerbated inflation in the eurozone through its cautious monetary policy,…