EGP down vs. USD at Tuesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
UK housing market rebounds with record mortgage approval
British lenders approved 65,647 mortgages in September, according to the Bank of England (BOE), marking the highest…
Swedish economy falls into recession
Sweden’s economy entered a technical recession in Q3, as GDP fell 0.1 per cent from the previous quarter, according…
China’s factory activity likely to remain low in Oct. – Poll
China's factory activity is expected to show a slight contraction in October for the sixth consecutive month,…
Germany’s Oct consumer climate hits highest level since April ’22
Germany’s consumer climate continued to recover in October, according to the latest GfK Consumer Climate report,…
Nepal sign $150m World Bank emergency financing agreement
Nepal and the World Bank (WB) signed a $150 million (NPR 20 billion) financing agreement on October 23 for…
US tightens tech investment rules for China
The Biden administration has implemented restrictions on US investments in advanced technology sectors in China.
IFC to invests $50m in Colombia’s biodiversity bond
The International Finance Corporation (IFC), a member of the World Bank Group, has announced an investment of up to…
Afghanistan signs $163m deal for cement plant
The Afghan caretaker government's Ministry of Mines and Petroleum has signed a $163 million contract for the…
IFC to finance Nigerian private sector projects
The International Finance Corporation (IFC) and Nigeria's Central Bank (CBN) have signed a strategic agreement to…