Officials of Saudi Arabia’s central bank, holding a rare news conference on Wednesday, painted a highly positive …
economic growth
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World shares extended a run of record highs on Tuesday on signs of strong economic growth, while …
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Banks
Moody’s cuts Oman banking outlook on weaker government support
by Yomna Yasserby Yomna YasserThe outlook for Oman’s banking sector was cut to negative by Moody’s Investors Service to reflect a …
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Banks
Egypt’s CBE seen holding interest rates following unexpected hikes
by Yomna Yasserby Yomna YasserCentral Bank of Egypt (CBE) is seen leaving key interest rates unchanged this month, a Reuters poll …
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Careem, the region’s leading app-based car booking service, continues to support economic growth and innovation in Egypt …
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The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing …
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European markets ended lower on Wednesday amid increasing concerns regarding U.S. President Donald Trump’s economic growth agenda …
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forex news
Dollar sags vs yen on lower US yields, ebb in risk appetite
by Yomna Yasserby Yomna YasserThe dollar sagged against the yen on Thursday, weighed down by U.S. yields slipping to two-week lows …
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International News
Trump’s fight against ISIS has to include Russia and China: Asian leader
by nada nasserby nada nasserWhen it comes to fighting ISIS, Donald Trump may need to keep his friends close and his …
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Banks
World Bank president: investment in human capital critical to economic growth
by Noha Gadby Noha GadJim Yong Kim, President of the World Bank Group, highlighted the great importance of investing in human …