Egypt’s economy will grow by 3.0 per cent in 2024, slower than previously forecast, the International Monetary …
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Financial Institutions
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CommoditiesFeatureFinancial InstitutionsInternational News
Global economy picks up steam, inflation concerns linger
by M.S.Salamaby M.S.SalamaThe global economy is showing signs of improvement, expanding for the fifth month in a row. This …
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China’s economy is estimated to have expanded by 4.6% in the first quarter compared to the previous …
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
Egypt’s initial surplus grows more than 8-fold y-o-y in 9 months –minister
by Yomna Yasserby Yomna YasserEgypt registered an initial budget surplus of 416 billion Egyptian pounds ($8.75 billion) in the first nine …
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BanksEgypt NewsFeatureFinancial InstitutionsMoneyNews
Egypt’s top FX firms collect EGP 11.9b after flotation decision
by Nada Aliby Nada AliThe exchange firms associated with the National Bank of Egypt, Banque Misr, and Banque du Caire have …
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Africa NewsBanksFeatureFinancial InstitutionsMoney
Paris Club pushes Ethiopia’s IMF deal deadline to June
by Aya Anwarby Aya AnwarThe Paris Club, a group mainly comprising developed country creditors, reportedly extended Ethiopia’s deadline to secure a …
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
MSMEDA partners with Kredit to fund SMBs with EGP100m
by Aya El Sayedby Aya El SayedThe Egyptian Micro, Small, and Medium Enterprises Development Agency (MSMEDA) announced on Thursday a collaboration with Kredit …
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Egypt NewsFeatureFinancial InstitutionsNews
CBE’s FinTech Egypt launches new programme for women entrepreneurs
by Nada Aliby Nada AliCBE’s FinTech Egypt initiative has launched the Women for Women in FinTech programme to provide innovative fintech …
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BanksFeatureFinancial InstitutionsInternational NewsMoneyNews
WB upgrades Sri Lanka’s growth outlook to 2.2% in ’24
by Nada Aliby Nada AliThe World Bank (WB) upgraded its forecast for Sri Lanka’s economy, predicting 2.2 per cent growth in …
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
URGENT: IMF board approves expanded $8 billion loan deal
by Yomna Yasserby Yomna YasserThe International Monetary Fund’s (IMF) executive board has approved the the augmentation of the current loan programme …