The US dollar edged lower on Wednesday, while the Japanese yen hovering near its weakest level in …
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Emerging markets
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Investors who swiftly withdrew around $20 billion from Egypt two years ago, now view the country as …
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Financial InstitutionsIndustry & TradeInternational NewsInternet NewsMENA NewsMoneyNewsTech newsTech/AI
Abu Dhabi to jump on disruptive tech investments in emerging markets
Abu Dhabi wealth fund ADQ-backed Abu Dhabi Growth Fund, in corporation with AI firm G42 in operating …
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BanksFeatureMoney
Egypt’s foreign reserves fall to $37.037 billion at end-April as coronavirus crisis hit
Egypt’s foreign reserves fell to $37.037 billion at the end of April from $40.108 billion at the …
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FeatureFinancial InstitutionsMoney
IMF cuts forecast for Egypt’s 2020 GDP growth to 2% due to coronavirus
by Ahmed Aliby Ahmed AliThe International Monetary Fund (IMF) has trimmed its 2020 forecast for Egypt’s real GDP growth to 2 …
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International NewsNews
Argentina’s latest market shock doesn’t greatly affect other emerging markets: Analysis
Argentina’s latest financial market shock has failed to swamp other emerging markets in the way its previous …
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Egypt has an insurance gap of $2.8 billion, marking a 1.2 percent of GDP, according to Lloyd’s …
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FeatureFinancial InstitutionsMoney
IFC’s impact investing in emerging markets hit $57 billion – official
The World Bank’s International Finance Corporation (IFC) has made a combined $57 billion in so-called impact investments …
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Egypt’s main stock index, EGX 30 sank 3.6 percent on Monday to its lowest level in 12 …
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