Egypt receives ancient funerary mask from Switzerland
Switzerland returned to Egypt on Wednesday an ancient funerary mask dating back to the Ptolemaic period, more than…
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Switzerland
Egypt non-oil exports rise to $12bn in Q4 2025 – IDSC
Egypt’s non-oil merchandise exports rose 7.1 per cent year on year to $12 billion in the fourth quarter of 2025,…
Egypt, Switzerland launch CHF60m cooperation programme for 2025–2028
Egypt and Switzerland on Sunday launched a new four-year cooperation programme worth 60 million Swiss francs ($74.5…
Microsoft to invest $400m in Swiss AI, cloud infrastructure
Microsoft said it will invest $400 million in Switzerland to expand its cloud computing and artificial intelligence…
Egypt reaffirms commitment to health reform, universal coverage at WHO assembly
Egypt’s Ministry of Health and Population reiterated its commitment to overhauling the healthcare system and…
Moody’s warns of risks from looser mortgage rules in Europe
Credit ratings agency Moody's warned that the roll-out of looser mortgage rules across several European countries,…
Switzerland forecasts budget deficits of 3b francs
Switzerland's President, Karin Keller-Sutter, projected annual budget deficits of around 3 billion Swiss francs…
Egypt’s Investment Min. discusses $60m logistics project with Agility
Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, held talks with Tarek Sultan, Vice Chairman of…
Egypt for boosting retail sector growth – minister
Egypt’s Minister of Investment and Foreign Trade, Hassan El Khatib, highlighted the transformative changes in…
Egypt, Goldman Sachs explore joint opportunities at Davos
Egypt's Prime Minister Moustafa Madbouly met with Jared Cohen Co-Head of the Goldman Sachs Global Institute on the…
Egypt, Switzerland sign deal to boost trade, investment cooperation
Egypt and Switzerland signed on Tuesday an agreement to establish a joint economic committee to pave the way for…
Swiss businesses welcome EU trade reform deal
Swiss businesses have praised a new agreement to reform the nation’s relationship with the European Union, aiming…
Swiss consumer sentiment up in Nov. ’24
Consumer sentiment in Switzerland improved significantly in November 2024, with the index reaching -37 points, 11…
Swiss inflation falls short of predictions in Nov. ’24
Swiss annual inflation rose to 0.7 per cent in November from 0.6 per cent in October, falling short of the 0.8 per…
Switzerland faces economic strains as German trade cool
Switzerland is experiencing economic weakness due to reduced demand from its key trading partner, Germany,…
Swiss c. bank to launch new banknote series
The Swiss National Bank (SNB) announced plans to develop its tenth banknote series, focusing on the theme of…
Kyrgyzstan’s gold exports hit $639.6m in 8m
Kyrgyzstan's gold exports reached $639.6 million from January to August this year.
Switzerland’s inflation falls by 0.3% in September ’24
Switzerland's consumer price index (CPI) fell by 0.3 per cent in September 2024 compared with August, reaching…
Swiss c.bank cuts policy rate by 25 bps
The Swiss National Bank (SNB) decided on Thursday to lower the SNB policy rate by 0.25 percentage points to 1.0 per…
Switzerland launches instant payments
Switzerland introduced instant payments on August 20, 2024, with around 60 financial institutions now able to…
Swiss economy grows in Q2 ’24
Swiss economic output is estimated to have increased by 0.5 per cent in the second quarter of 2024, according to a…
Philippines’ foreign investments surge 220.7% YoY in Q2
Philippines total foreign investments (FI) reached PHP 189.50 billion in the second quarter, a significant 220.7…
Switzerland mulls VAT increase to finance pension hike
Switzerland’s government announced on Wednesday that it prefers raising the country’s value-added tax (VAT) rather…
UK banks can be wound down without public funds – BoE
The Bank of England (BoE) announced on Tuesday that Britain's top eight banks, including HSBC, Barclays, Lloyds,…
UBS completes merger with Credit Suisse’s Swiss unit
Swiss bank UBS announced on Monday the completion of its merger with Credit Suisse's domestic operations.
Switzerland’s economy to grow 1.4% in ’25 – IMF
The International Monetary Fund (IMF) has forecast a gradual recovery for Switzerland’s economy, predicting an…
Foreign lenders eye Swiss market post UBS-Credit Suisse deal
As Credit Suisse fades into history following its takeover by UBS, global banks are expanding their presence in…
UBS, Credit Suisse Swiss units merger expected by July 1
The merger of the Swiss units of UBS and Credit Suisse could be finalised as early as July 1, as reported by…
Switzerland’s GDP surges
Switzerland’s economy "unexpectedly maintained momentum" at the start of the year on services and private…
FTSE 100 drops on sage group’s decline
London's FTSE 100 experienced a decline on Thursday, driven by several companies, including oil giant BP, trading…
UBS job cuts to start late ’24 – CEO
UBS's CEO announced on Tuesday that the bulk of job reductions in Switzerland, the bank’s home market, would…
Swiss freeze on Russian assets dwindles to $6.36b in ’23
The Swiss authorities have reported a year-over-year decrease of 1.7 billion Swiss francs in the value of frozen…
UBS Group gears up for fresh wave of job reductions
UBS Group is reportedly gearing up for another wave of workforce reductions following its acquisition of Credit…
Chinese authorities push Syngenta to withdraw $9b Shanghai IPO on market volatility
Chinese authorities influenced Syngenta to withdraw its $9 billion IPO application in Shanghai due to concerns…
Ukraine breaks into top 3 EU chocolate exporters in ’23
Ukraine made its mark in the European Union (EU) by becoming one of the top three chocolate exporters in 2023,…
US payrolls expected to rise by 200,000 for 4th consecutive month – poll
March saw continued robust employment gains in the US, with moderated wage growth suggesting a stable labor market…
IMF urges major financial reforms in Switzerland
The International Monetary Fund (IMF) stated on Thursday that Switzerland requires robust financial sector reforms…
Europe’s clean energy hits 60% in early 2024
Europe hit a new milestone in clean energy usage, with 60 per cent of its electricity coming from renewable sources…
ECB prepares banks for a changing risk landscape
Eurozone banks must revise their risk management strategies in light of several challenges, according to Claudia…
Dollar remains steady on Monday
The dollar remained stable on Monday as traders anticipated a week filled with central bank meetings worldwide.