Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong …
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foreign currency
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The Swiss National Bank sold foreign currency totalling 132.9 billion Swiss francs ($149.51 billion) in 2023.
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BanksEgypt NewsFeatureNewsTech/AI
Egypt’s economy remains resilient amid global challenges – Tarek Fayed
by Nada Aliby Nada AliTarek Fayed, Chairman of Banque du Caire, said on Sunday that the Central Bank of Egypt’s (CBE) …
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Egypt NewsFeatureNews
Egyptian pound settles at 49.5 after floating currency
by Nada Aliby Nada AliEgypt’s pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day’s closing …
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Mostafa Madbouly commended the Central Bank’s decisions amid transitioning towards a flexible framework for targeting inflation.
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Egypt NewsFeatureMENA NewsNewsReal EstateTech/AI
UAE’s UDC to build new urban community in Cairo
by Nada Aliby Nada AliEgypt’s New Urban Communities Authority (NUCA) and the UAE’s UDC, real estate development company, signed a contract …
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Egypt NewsFeatureNews
Egypt seeks to sell train tickets in U.S. dollars for Arabs, foreigners
by Nada Aliby Nada AliEgypt is seeking to raise up to $40 million from selling train tickets to foreigners and Arabs …
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The Central Bank of Nigeria (CBN) is owing a $7.5 billion to American banks, JP Morgan and …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s ENR to establish new spare parts manufacturing company
by Nada Aliby Nada AliThe Egyptian National Railways (ENR) and Lenza Egypt for Projects Engineering Equipment will cooperate to build a …
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BanksEgypt NewsFeatureNews
CBE: banks loan jump to EGP 4.399 trln by Mar-end
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) reported on Thursday that the lending balances rose to 4.399 trillion …
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