News

Minister of Finance Ahmed Kouchouk expressed strong confidence that Egypt will meet its key objectives under the country's ...
Egypt is ramping up its efforts to attract climate finance and expand sustainable infrastructure through intensified collaboration with the Africa Finance Corporation (AFC) and Infinity Power, ...
Egypt’s current account deficit narrowed by 22.6 percent year-on-year during the first nine months (July 2024–March 2025 ) of ...
Gulf stock markets ended mixed on Sunday, as investors looked ahead to corporate earnings and weighed renewed U.S. tariff threats.
Just in July alone, the International Monetary Fund (IMF) is reported to be looking into the disbursements of loans to Egypt and Ethiopia, raising new worries about Africa's growing reliance on IMF ...
The International Monetary Fund (IMF) is urging the Ethiopian government to remove exchange rate restrictions on capital account transactions—restrictions it ...
Outside the Gulf, Egypt's blue-chip index gained 0.7%, hitting a record high as most sectors advanced, driven by optimism over the country's International Monetary Fund programme.
The retail and real estate firm sold a 49.95% stake to Emirati conglomerate Al Futtaim Retail in a deal worth over 2.5 ...
In the corridors of power and on the streets of Lagos, there is a familiar refrain: "It didn't start with Tinubu." This is ...
Monetary policy in the Gulf tends to mirror the Fed's moves, given the region's currency pegs to the U.S. dollar. Saudi Arabia's benchmark index slipped 0.3%, falling for an eighth consecutive session ...
The Gulf markets went separate ways on Sunday as traders tried to make sense of two incoming punches: Q2 earnings reports and a new wave of trade threats coming straight from the White House. Donald ...
The “King Dollar” is feeling threatened—not by a rival superpower, but by a non-currency from BRICS. In response, President Donald Trump has proposed a 10 per cent additional tariff on imports from ...