URGENT: Egypt’s net FX reserves hit $50b in October – CBE
Egypt’s net foreign reserves reached $50.071 billion at the end of October 2025, up from 49.534 billion at the end…
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economic stability
Egypt’s Workers’ Emergency Relief Fund pays out EGP 2.4b to 441k workers since 2002
Egypt’s Workers’ Emergency Relief Fund has disbursed 2.379 billion Egyptian pounds to support 441,000 workers…
S. Arabia cuts rates by 25 bps
The Saudi Central Bank (SAMA) has lowered the Repurchase Agreement (Repo) rate by 25 basis points to 4.75 per cent…
Egypt outlines consumer protection strategy at UN conference
Egypt’s Minister of Supply and Internal Trade, Sherif Farouk, reaffirmed the country’s commitment to consumer…
UK budget stability remains priority – Starmer
British Prime Minister Keir Starmer reaffirmed on Monday that the government will adhere to the fiscal rules…
Unilateral sanctions, debt threaten global stability – Putin
Russian President Vladimir Putin warned of a potential new global crisis, citing the growing debt burden in…
IMF projects Ukraine economy to grow by 2.5-3.5% in ‘25
Ukraine’s economic growth is projected to range between 2.5 and 3.5 per cent through 2025, despite the ongoing…
UK’s Reeves announces £5.5b budget cuts
Britain's new finance minister, Rachel Reeves, has unveiled plans for immediate budget cuts totaling £5.5 billion,…
Egypt’s e-payment services reach EGP2.5tn in 11 months
Egypt's digital payment and collection services surged to unprecedented levels over the first 11 months of the…
Pakistan receives IMF $1.1B loan to boost economy
Pakistan will receive a $1.1 billion disbursement from the International Monetary Fund (IMF), marking the second…