The International Monetary Fund (IMF) revised on Tuesday the growth forecast upwards to 3.2, reflecting a 0.1 …
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News
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Industry & TradeInternational NewsNewsTech newsTech/AI
Honda unveils new EV brand in China by ’27
by Nada Aliby Nada AliHonda Motor outlined an ambitious plan to launch six next-generation EVs under the new “Ye” brand by …
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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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US factory production surged in March, buoyed by increased output in motor vehicle assembly and other sectors.
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Egypt NewsFeatureFinancial InstitutionsMoneyNewsURGENT
IMF: Egypt’s GDP to grow 3% in 2024, 4.4% in 2025
by Yomna Yasserby Yomna YasserEgypt’s economy will grow by 3.0 per cent in 2024, slower than previously forecast, the International Monetary …
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Featureforex newsInternational NewsMoneyNewsThe Watch
US data lifts dollar, yen weakens
by Nada Aliby Nada AliThe US dollar strengthened against major rivals on Tuesday, reaching a five-month high against the pound and …
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
Tesla global job cuts reach US, China
by Nada Aliby Nada AliTesla confirmed a major global workforce reduction, impacting employees in sales, technology, and engineering across the company’s …
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The Central Bank of Egypt (CBE) offered on Tuesday treasury bonds (T-Bonds) with fixed coupon in Egyptian …
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BanksEgypt NewsFeatureMoneyNews
Egypt’s c. bank auctions EGP 5b zero coupon t-bonds
by Nada Aliby Nada AliEgypt’s central bank (CBE) announced on Tuesday the issuance of 532 days treasury zero-coupon bonds worth five …