Author: Steven Sahiounie

Italian lenders must quit the country to avoid a “reputational problem,” a European Central Bank policymaker has warned

The Russian ruble continued to strengthen against major currencies on Monday, jumping to its highest level against the dollar since late January, trading data from the Moscow Exchange (MOEX) shows.

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HAMBURG – Egypt’s state commodity buyer the General Authority for Supply Commodities (GASC) on Saturday bought 250,000 metric tons of raw sugar in an international tender all at $469.50 a metric ton CIF free out, traders said on Monday.

The report also showed that 82.32% of these new companies were set up in Cairo, Giza, Alexandria, Sharqiya, and Qalubiya

Cairo –  The Central Bank of Egypt (CBE) issued treasury bonds (T-bonds) at a combined value of EGP 3.50 billion through two tranches on Monday, 27 May.

Many tourism projects have been fast-tracked so that the completion rate of development projects in the Governorate has reached almost 66 percent by the end of May 2024

AMMAN — HRH Crown Prince Hussein expressed his confidence in Jordan’s future and its youth’s ability and intelligence to build on past achievements. In an interview with Al Arabiya’s Taher Baraka on the occasion of His Majesty King Abdullah’s Silver Jubilee, the Crown Prince discussed the challenges that Jordan has faced and surmounted over the past 25 years. Prince Hussein said that despite instability in the region and its economic repercussions on Jordan, the country has emerged safely from regional turmoil. The Crown Prince added that the more imperative question today is what the next 25 years will look like,…

Gross domestic product grew 5.7% in the first quarter from a year ago, lower than expected as consumer spending was weak

Fitch Ratings on Monday downgraded Bangladesh to ‘B+’ from ‘BB-‘, saying this reflects the sustained weakening of external buffers