Maersk said on Thursday that it expects 2024 earnings to be significantly lower than last year’s level …
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interest
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China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower …
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President Donald Trump stepped up his attacks on the Federal Reserve, demanding a “large cut” in interest …
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– Further weakness in inflation could prompt the U.S. Federal Reserve to cut interest rates, even if …
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Abu Dhabi state fund Mubadala Investment Company’s oil business has agreed to buy a 20 percent participating …
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FeatureFinancial Institutions
HC expects unchanged interest rates, inflation to stabilise in August
by Ahmed Aliby Ahmed AliHC Securities & Investment expected Egypt’s inflation to stabilise in August by 1 percent, with anticipations that …
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Bank of Japan board members disagreed on how far interest rates should be allowed to move from …
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Banks
Egypt’s policy measures improve banking but investments slow: BLOM official
by Yomna Yasserby Yomna YasserEgypt’s policy decisions last November to float the pound and subsequently raise interest rates have improved conditions …
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Industry & Trade
US pharmaceutical firms look to boost investments in Egypt
by Yomna Yasserby Yomna YasserRepresentatives of U.S. pharmaceutical companies expressed their interest in a possible increase of investments in Egypt, and …
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forex news
Dollar jumps vs yen, outlook seen clouded by N.Korea tensions
by Yomna Yasserby Yomna YasserThe dollar edged higher against the yen on Monday, pulling away from last week’s near 4-month low, …
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