Africa News S. Africa’s unemployment rate surges to 32.1% Aya Anwar Feb 20, 2024 0 South Africa’s unemployment rate rose by 2 per cent to stand at 32.1 per cent in the fourth quarter of 2023 from…
Initiatives Tokyo launches climate transition bonds, 1st time globally Aya El Sayed Feb 14, 2024 0 For the first time globally, Japan held an auction for sovereign climate transition bonds on Wednesday. However,…
Money ACC secures major financing for three gigafactories Aya El Sayed Feb 12, 2024 0 ACC, a European auto battery manufacturer co-owned by Stellantis, Mercedes, and TotalEnergies, announced on Monday…
Featured Egypt mulls issuing bonds in UAE, India currencies Aya El Sayed Jan 29, 2024 0 The Egyptian government is considering issuing bonds in Emirati dirhams, Indian rupees, and Hong Kong dollars for…
Banks Egypt signs protocol with CIB to finance low-income housing Aya El Sayed Jan 17, 2024 0 The Egyptian Social Housing Fund and the Commercial International Bank (CIB) signed a new protocol to enhance…
Money Egypt’s NBE injects $518.6mn among CBE’s mortgage initiative mohamed Hamdy Feb 3, 2020 0 Egyptian largest state-owned lender, National Bank of Egypt (NBE) says it has pumped 8.2 billion Egyptian pounds ($…
News New U.S. sanctions won’t hurt Russian financial system: minister Amwal Al Ghad English Aug 4, 2019 0 Additional U.S. sanctions damage bilateral ties between Moscow and Washington but Russia’s financial system is…
News G20 finance chiefs to say trade row intensified, differ on how ” pressing” Amwal Al Ghad English Jun 9, 2019 0 G20 sources say the Group of 20 finance leaders will say in an official communique from Japan that trade and…
International News G7 finance chiefs kick trade dispute to leaders’ summit in Quebec Amwal Al Ghad English Jun 3, 2018 0 Finance leaders of the closest U.S. allies vented anger over the Trump administration’s metal import tariffs on…
Industry & Trade World Bank to cease financing upstream oil and gas flagships after 2019 Yomna Yasser Dec 13, 2017 0 The World Bank will no longer finance upstream oil and gas projects after 2019, apart from certain gas projects in…