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 CAIRO: Egypt secured an additional $5 billion in loans from the International Monetary Fund on Wednesday after the central bank raised interest rates and allowed the pound to plunge in value by nearly 40 percent.

RIYADH: Qatar’s trade balance showed a surplus of $14.9 billion in the fourth quarter of 2023, marking an annual 31.5 percent decrease, according to official data.

RIYADH: Saudi Arabia and the UAE now represent over 90 percent of the green bond market across the Arab region, according to a leading finance official. 

Ukraine is willing to accept trade restrictions with the EU to end its disputes with Poland but is urging the bloc to ban Russian food imports, the Financial Times reported on Wednesday.

By raising the daily mobile money transactions ceiling, Kenya Central Bank may have set into motion forces that will accelerate the rate of inflation in the country.

Mainland Chinese stocks reversed early losses with the blue-chip CSI 300 up 0.7% LONDON – Global shares eased below their recent…

Dollar steady versus euro ahead of ECB and US data, bitcoin in spotlight

Shortly after 1330 GMT, gold advanced to $2,141.79 per ounce, surpassing its prior peak of $2,135.39 that was struck in early December, before pulling back slightly

RIYADH: Saudi Arabia’s non-oil economy exhibited improved growth, with business activity accelerating at the fastest rate in five months, as indicated by an economic tracker.  

Olive oil prices have skyrocketed across the EU over the past year amid unfavorable weather conditions, which have harmed harvests. According to data from Eurostat, the bloc’s statistics office, costs spiked by 50% in annual terms in January.