ADB approves $500m loan for sustainable infrastructure in India
The Asian Development Bank (ADB) approved on Wednesday a $500 million loan to promote environmentally sustainable…
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URGENT: Egypt’s annual inflation slows to 25%
Egypt's general consumer price index (CPI) for November 2024 reached 239.8 points, reflecting a 0.1 per cent…
Phase 1 of Egypt’s Decent Life Initiative 85% complete
The Ministry of Planning, Economic Development, and International Cooperation announced on Sunday that Haya Karima…
World Bank announces record $100b IDA replenishment
The World Bank Group has announced a historic $100 billion replenishment of the International Development…
Italy, AfDB sign €400-m climate finance deal
Italian state lender Cassa Depositi e Prestiti (CDP) and the African Development Bank (AfDB) have signed a €400…
S. Korea’s consumer prices edge down in Nov. ’24
South Korea's consumer price index (CPI) fell 0.3 per cent in November 2024 compared to the previous month,…
US budget deficit hits $257b in Oct. ’24
The US budget deficit reached $257 billion in October, with total receipts amounting to $327 billion and total…
Egypt embarks on new era of private sector-led growth
Egypt is poised to enter a new phase of economic stability and growth, fuelled by the private sector.
Turkey’s inflation surges 49.38% Y-o-Y in September ’24
Turkey's Consumer Price Index (CPI) rose by 49.38 per cent annually and 2.97 per cent monthly in September 2024,…
EU approves Cyprus’ 2nd recovery payment
The European Commission gave on Monday a positive preliminary assessment for 37 of the 38 milestones linked to…
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