Egypt, UAE central banks affirm coordination on Banque Misr branches
The Central Bank of Egypt (CBE) and the Central Bank of the United Arab Emirates (CBUAE) affirmed their full and…
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U.S. Treasury
Global stocks rise on Tuesday
Global markets advanced in Asian trade on Tuesday, led by a 2.3 per cent jump in Tokyo’s Nikkei 225 following…
Türkiye halts supply to Russia after Blinken’s visit – minister
Turkish Foreign Minister Mevlut Cavusoglu said that Türkiye is not selling any more products that could be used in…
World Bank may loosen loan ratio to relieve $4bln a year
The World Bank may change its lending guidelines to free up $4 billion in lending capacity each year to help…
Saudi Arabia’s PIF collects $5.5 billion with second green bond sale
Saudi sovereign Public Investment Fund (PIF) has secured $5.5 billion through its second sale of green bonds in…
China raises its holdings of U.S. Treasurys for first time in 8 months
China has strengthened its holdings of U.S. Treasury bonds to $970 billion for the first time in 8 months last…
Federal deficit increases 26% to $984 billion highest in 7 years
The U.S. Treasury on Friday said that the federal deficit for fiscal 2019 was $984 billion, a 26% increase from…
China officially labeled as a ‘currency manipulator’ by US Treasury
The U.S. Treasury has just taken the extraordinary step declaring China as a currency manipulator, something no…
U.S. working with G7 countries to finance IMF Egypt programme: official
The United States views the International Monetary Fund's proposed $12 billion bailout for Egypt as "essential" and…
Gold Higher As Spain Concerns Eased
Gold inched up on Thursday, tracking modest gains in the euro as worries about Spain's debt restructuring eased…