Asian stocks climb to six-week highs on Monday
Asian stocks climbed to six-week highs on Monday, while the dollar hovered near its weakest level in almost three…
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monetary policy
URGENT: IMF reaches staff-level deal with Egypt on fifth, sixth reviews
The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt on the fifth and sixth reviews…
Asian markets fall on Thursday
Asian markets fell on Thursday as technology stocks slid on renewed concerns over heavy AI spending, while…
Egypt strengthens fiscal, monetary coordination to support economy
Egypt’s government is working to reinforce coordination between fiscal and monetary policies to sustain economic…
Oman c. bank cuts repo rate by 25 basis points
The Central Bank of Oman (CBO) on Thursday cut the Repurchase Agreement (repo) rate by 25 basis points to 4.25 per…
Kuwait c. bank cuts rates by 25 basis points
The Central Bank of Kuwait (CBK) on Wednesday cut the discount rate by 25 basis points to 3.50 per cent, effective…
Qatar c. bank cuts key interest rates by 25 basis points
The Central Bank of Qatar (QCB) on Wednesday lowered its main interest rates by 25 basis points on Wednesday,…
Saudi c. bank cuts repo, reverse repo rates by 25 basis points
Saudi Arabia’s central bank (SAMA) on Wednesday reduced the Repurchase Agreement (Repo) rate by 25 basis points to…
UAE c. bank cuts base rate by 25 basis points
The Central Bank of the UAE (CBUAE) on Wednesday lowered its Base Rate for the Overnight Deposit Facility by 25…
US Fed cuts interest rate to 3.5–3.75%
The US Federal Reserve on Wednesday lowered its benchmark interest rate by 1/4 percentage point to 3-1/2 to 3‑3/4…