Pakistan’s c. bank holds rate steady at 22%
Pakistan's central bank maintained its key interest rate at 22 per cent for the sixth consecutive policy meeting on…
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IMF
Pakistan’s c. bank likely to keep rates unchanged
Pakistan's central bank is expected to maintain its key interest rate at a record 22 per cent for the sixth…
Africa’s sovereign bond rally continues unabated
Africa's sovereign bond rally continues unabated, with prices reaching nearly two-year highs in countries like…
Egypt’s budget initial surplus hits EGP 193b in 8 months
Egypt’s budget has significantly improved in the past eight months, showing an initial surplus of 193 billion…
Default risk in emerging markets decreases
The risk of government defaults in emerging markets is diminishing, fueling a bond rally, especially in junk-rated…
World Bank pledges $3b support to Egypt – minister
The World Bank (WB) has pledged $3 billion in support to Egypt following the country's successful negotiation of an…
Egypt’s economy remains resilient amid global challenges – Tarek Fayed
Tarek Fayed, Chairman of Banque du Caire, said on Sunday that the Central Bank of Egypt's (CBE) recent decisions…
IMF-Egypt deal may catalyse $20b in foreign funds – FinMin
The new International Monetary Fund (IMF) deal is expected to catalyse a total of $20 billion in foreign support…
Egyptian pound settles at 49.5 after floating currency
Egypt's pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day's closing rate,…
IMF board to meet on Egypt loan deal before March-end
The International Monetary Fund's executive board is expected to meet before the end of March to approve the…
