Deutsche Bank chief urges ECB to end ‘cheap money’ era
The head of Germany's largest bank said on Wednesday the European Central Bank (ECB) should begin the process of…
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China-led AIIB bank unveils $250 million boost for Egypt renewable energy
The Asian Infrastructure Investment Bank (AIIB) announced Tuesday as much as $210 million in debt financing in…
Bitcoin price falls $200 after new ruling from Chinese regulators
The price of bitcoin dropped sharply after Chinese regulators announced a ban on organizations from raising funds…
Australian central bank holds rates at 1.5%
Australia's central bank left Tuesday its cash rate at 1.5 percent, a widely expected decision given policy makers…
Eurozone countries could be in danger if euro continues to hike: economist
A euro that continues to increase against the U.S. dollar is now the main danger being posed to fragile eurozone…
Egypt’s M2 money supply rises 38.74% y-o-y in July -c.bank-
Egypt’s M2 money supply edged up 38.74 percent at the end of July from a year earlier, central bank data showed…
AfDB says Egypt investments record $1.9 billion since 2015
The African Development Bank (AfDB) has so far invested $1.9 billion in Egypt as part of the three-year country…
Banks offer €133 mln loan to Egypt’s Abu Abu Qir Fertilizers
Six banks are putting together a financing offer of €133 million ($158.7 million) for Egypt’s state-run major…
Bank Audi Egypt wins two EMEA Finance awards
Bank Audi SAE, the Egyptian arm of Lebanon’s Bank Audi, has won two prizes from EMEA Finance; “The Best Project…
Egypt’s gross domestic debt rises to 3.073 trillion pounds in three months
Egypt’s gross domestic debt rose to 3.073 trillion Egyptian pounds ($173.6 billion) at the end of March, the…