Darling of Davos, Christine Lagarde has second IMF term sewn up
The darling of the Davos political and financial elite, Christine Lagarde has a second term at the helm of the…
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Financial Institutions
IMF’s Lagarde says markets need clarity on China currency
Financial markets need more clarity on how Chinese authorities are managing their currency, particularly the…
IMF’s Lagarde: migrants can boost EU growth, if states share burden
An influx of refugees into Europe need not harm its economy, provided there is an EU agreement on distributing…
Africa Retakaful: 9-month premiums hit $27 million in Egypt
African Takaful Reinsurance Company (Africa Retakaful), a subsidiary of Africa Reinsurance Corporation, has…
SFD Egypt: SME projects in Upper Egypt are top priority in 2016
Egypt’s Social Fund for Development (SFD) is to focus more on funding small and medium-sized (SME) projects in the…
S&P says Greece no longer vulnerable to default, credit rating upgraded to…
Major credit ratings agency, Standard and Poor's (S&P) has given Greek debt a vote of confidence - raising its…
IMF opens search for top job; Lagarde has offered to serve again
The International Monetary Fund (IMF) said it plans an open selection process for its top job and will begin…
African Reinsurance successfully places capital increase to $500 million
African Reinsurance Corporation (Africa Re), Africa’s leading reinsurer, has completed a plan to increase its…
Moody’s: Egypt’s higher SME lending quota supports economy but endangers banks’…
The Central Bank of Egypt (CBE) instructed on January 11th Egyptian banks to raise their lending to small and…
Obama unveils wage insurance scheme to spur job seekers
U.S. President Barack Obama laid out Saturday a plan to help support the income of workers who lose their jobs and…