China International Capital Corp (CICC) is implementing a major cost-cutting measure by slashing the base pay of …
Category:
Financial Institutions
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Egypt NewsFeatureFinancial InstitutionsNews
Egypt’s FRA subsidiaries provide EGP 69.5b in Jan ’24
by Aya Anwarby Aya AnwarEgypt’s total funding granted through entities under the Financial Regulatory Authority (FRA) supervision in January, has reached …
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FeatureFinancial InstitutionsInternational NewsMoneyNews
Aussie asset manager to close A$14b funds
by Aya Anwarby Aya AnwarFirst Sentier Investors, an Australian asset management firm owned by Mitsubishi UFJ Financial Group Inc., will close …
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FeatureFinancial InstitutionsInternational NewsMoneyNews
Pakistan seeks new IMF loan by July – FinMin
by Nada Aliby Nada AliPakistan is aiming to secure a new loan agreement with the International Monetary Fund (IMF) by early …
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
Egypt sees $400m in budget support from UK – minister
by Aya Anwarby Aya AnwarEgypt is anticipating a $400 million infusion in budget support from the UK over two years, marking …
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FeatureFinancial InstitutionsInternational NewsMoneyNews
India to overtake Japan as world’s 4th largest economy in ’25
by Nada Aliby Nada AliIndia’s nominal gross domestic product (GDP) is now expected to surpass Japan’s in 2025, a year earlier …
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Africa NewsEgypt NewsFeatureFinancial InstitutionsMoneyNews
African public health indicators at risk – Egypt’s FinMin urges action
by Nada Aliby Nada AliEgypt’s Finance Minister Mohamed Maait has raised concerns about worsening public health indicators across Africa driven by …
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BanksFeatureFinancial InstitutionsInternational NewsNews
IMF lifts global growth forecast to 3.2% in ’24
by Nada Aliby Nada AliThe International Monetary Fund (IMF) revised on Tuesday the growth forecast upwards to 3.2, reflecting a 0.1 …
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Financial InstitutionsInternational NewsMoneyNews
Asia hedge funds surge in Q1
by Nada Aliby Nada AliAsia-focused hedge funds kicked off 2024 with a strong performance, capitalising on several key trends during the …
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FeatureFinancial InstitutionsInternational NewsMoneyNews
IMF foresees EU ’25 GDP growth at 1.8%
by Aya El Sayedby Aya El SayedThe International Monetary Fund (IMF) released a new report forecasting steady economic growth for the European Union …
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