Recent bouts of currency volatility in the developing world have prompted Pacific Investment Management Co., one of the ...

Distinguished economist and finance expert Vera Songwe is a globally leading voice on sustainable development, climate finance, and economic growth in emerging markets. With a wealth of experience, ...

The BRICS alliance was founded in 2006 by Brazil, Russia, India and China, with South Africa joining in 2010. It now includes ...

In-depth: A German-flagged ship carrying explosives for Israel's army docked in Alexandria last month, while an Israeli ...

In a statement issued by the Cabinet, authorities clarified that reports that it requested a loan increase are inaccurate.

The 16th Annual BRICS Summit held in October in Russia provided multiple opportunities for emerging markets and developing ...

The awards were presented during the 2024 annual meetings of the IMF and the World Bank Group (WBG ... “We are also pleased to be named best Islamic financial institution in both UAE and Egypt ...

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution has been recognised as the world’s Safest Islamic bank ...

That said, on 6 March, Egypt was allowed by the IMF to expand its US$8 billion financial support package and there remain further offers of financial aid open from the World Bank and from the European ...

This clarification denies reports in some media outlets that claimed Egypt asked the IMF to raise the tranche from $1.3 billion to $2 billion, affirming that these claims are entirely false. The media ...

Egypt is still aiming for renewable energy to reach 42% of its electricity generation mix by 2030, but that goal will be at ...

The Central Bank of Egypt (CBE) announced on Monday, 11 November, that it successfully issued USD 1.57 billion (EGP 77.3 ...