Egypt Currency Squeeze Sinks Bank Foreign Buffers to New Low
Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack
2023-08-02 16:50
UK Rail Strike Returns Saturday as Pay Dispute Drags On
Britain is braced for another day of cancellations on its regional and long-distance rail network as workers strike
2023-07-28 22:21
Egypt Tries to Coax Dollars Back With Higher Savings Returns
Egypt’s biggest state-owned lenders are dangling higher returns on dollar-denominated certificates of deposit to foreigners and locals, in
2023-07-26 19:28
Brazil's GPA again rejects Colombian tycoon's bid to buy 51% of Exito
SAO PAULO Brazilian retailer GPA said on Thursday its board rejected a second offer from Colombian billionaire Jaime
2023-07-21 05:53
Colombian tycoon makes offer for Exito stake held by Brazil's GPA
Brazilian retailer GPA announced it received a new offer from Colombian billionaire Jaime Gilinsky to buy part of
2023-07-19 06:19
Window Opens for Frozen High-Yield Emerging-Market Dollar Deals
The waiting game for some of the riskier emerging-market borrowers is coming to an end. With higher interest
2023-07-16 21:25
World’s Biggest Pension Fund GPIF Boosts Its Treasuries Holdings
Japan’s Government Pension Investment Fund boosted its holdings of Treasuries to a three-year high as the dollar’s strength
2023-07-14 07:21
Egypt’s Inflation Soars to Record as Food Drives Surge Past 35%
Consumer prices in Egypt soared at a record pace, a reflection of pressures on food costs after the
2023-07-10 13:55
Top Egypt Bank Gets $250 Million in Loans With Eye on Green Work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International
2023-07-09 16:27
World’s Largest Pension Fund Posts Quarterly Gain, Record Assets
Japan’s state pension fund, the world’s largest, posted its strongest quarter in more than two years as gains
2023-07-07 15:47
Booming traffic to OpenAI's ChatGPT posts first ever monthly dip in June -Similarweb
By Krystal Hu ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website
2023-07-06 00:30
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:24