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 ...

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 ...

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

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

Next year, emerging market currencies will face the twin headwinds of lower global trade volumes and higher US yields. When ...

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 ...

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

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

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

The president is banking on a series of deals from Asia, notably from India and China, to accelerate a sluggish economy that ...

Turkey expects to be offered “partner country" status with the BRICS bloc of developing economies, the country's trade minister said Wednesday. Turkey requested to join the group as a full member ...

The new government is working with the IMF to implement reforms that should stabilize economic conditions and help boost ...