Kuwait cuts discount rate by 25 bps
Kuwait’s Central Bank cut the discount rate by 25 basis points to 3.75 per cent, effective Thursday, in response to…
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Banking Sector
Fitch: Egypt’s bank liquidity to stay stable through ’27
Fitch Solutions projected continued stability in Egypt’s banking sector liquidity over the next two years.
CBE suspends banking operations on Thursday for Revolution Day
The Central Bank of Egypt (CBE) announced that all banks operating in the country will suspend work on Thursday,…
Egypt eyes stronger partnership with Standard Chartered Bank
Egypt’s Deputy Minister of Investment and Foreign Trade Ghada Nour held a high-level meeting with representatives…
Egypt’s banks off on July 3rd
The Central Bank of Egypt (CBE) announced that all banks operating in the country will suspend work on Thursday,…
Egypt’s CBE, Hayah Karima sign MoU to advance social development
The Central Bank of Egypt (CBE) has signed an MoU with the Hayah Karima Foundation to enhance volunteering efforts…
Egypt’s banks off on Thursday
The Central Bank of Egypt (CBE) announced that all banks operating in the country will suspend work on Thursday, 3…
Egypt approves EBRD expansion
Egypt has approved amendments to the European Bank for Reconstruction and Development (EBRD) founding agreement to…
Egypt’s banks off on June 5-9 for Muslim feast
The Central Bank of Egypt (CBE) announced that all banks in the country will suspend work from Thursday, June 5,…
IMF sees growth cooling in Italy, urges stronger fiscal discipline
Italy’s economy expanded by 0.3 per cent in the first quarter of 2025, after posting 0.7 per cent growth in 2024…