The World Bank announced on Monday plans to provide more than $6 billion in support to Egypt …
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BanksFeatureInternational NewsNewsTech/AI
Pakistan’s c. bank likely to keep rates unchanged
by Nada Aliby Nada AliPakistan’s central bank is expected to maintain its key interest rate at a record 22 per cent …
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Africa NewsBanksFeatureMoneyTech/AI
Africa’s sovereign bond rally continues unabated
by Aya Anwarby Aya AnwarAfrica’s sovereign bond rally continues unabated, with prices reaching nearly two-year highs in countries like Ethiopia, Ghana, …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s budget initial surplus hits EGP 193b in 8 months
by Nada Aliby Nada AliEgypt’s budget has significantly improved in the past eight months, showing an initial surplus of 193 billion …
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Egypt NewsFeatureIndustry & TradeInternational NewsNewsTech/AI
Default risk in emerging markets decreases
by Aya Anwarby Aya AnwarThe risk of government defaults in emerging markets is diminishing, fueling a bond rally, especially in junk-rated …
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BanksEgypt NewsFeatureIndustry & TradeInternational NewsNewsTech/AI
World Bank pledges $3b support to Egypt – minister
by Nada Aliby Nada AliThe World Bank (WB) has pledged $3 billion in support to Egypt following the country’s successful negotiation …
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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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FeatureFinancial InstitutionsMoney
IMF-Egypt deal may catalyse $20b in foreign funds – FinMin
by Yomna Yasserby Yomna YasserThe new International Monetary Fund (IMF) deal is expected to catalyse a total of $20 billion in …
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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 …