IMF Completes Egypt Review, Approves New Arrangement
The Executive Board of the International Monetary Fund (IMF) has completed the fourth review of Egypt’s economic reform program supported by the EFF arrangement. This enables the authorities to immediately draw about US$1.2 billion (SDR 922.87 million), bringing Egypt’s total purchases under the EFF to about US$3,207 million (SDR 2,420.22 million or 119 percent of quota). Egypt’s 46-month...
US Dollar Faces Weekly Losses Amid Trade Tariff De-Escalation
markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The US Dollar remained under pressure, poised to end the week in negative territory as easing trade tensions boost risk appetite. Investor sentiment improved after the US rolled back tariffs on imports from Mexico and Canada, following Wednesday’s decision to halt a planned...
2022 Technology Predictions from Veeam
By: Danny Allan, Chief Technology Officer and Senior Vice President of Product Strategy at Veeam
Acquisitions will stagnate as company valuations...
Joining forces to usher in new ERA of collaboration for Manufacturing
The Global Manufacturing and Industrialisation Summit (GMIS) today signed four Memoranda of Understandings (MoUs) with international knowledge...
Large MENA region perfume manufacturer turns digital and leads a $4.4B Fragrances Market by 2027
Ajmal Perfumes, one of the Middle East’s largest perfume manufacturers, is...
Aramex to Digitally Transform its Customer Experience
Aramex (DFM: ARMX), a global provider of comprehensive logistics and transportation solutions, today announced it will go live...
48% of Manufacturers in MEA Realize Cost Efficiencies From Their DX Initiatives
Manufacturers in the Middle East, Turkey, and Africa region are experiencing significant gains...
Egypt: Digital Transformation Boosts ICT Market to EGP 93 Billion
Digital transformation is driving Egypt’s ICT market to EGP 93 billion, and ensuring that organizations...
Etihad Aviation Group and Al Dahra Drive Digital Transformation to Enhance Middle East Resiliency Post-Pandemic
The global pandemic is prompting companies to accelerate digital transformation...
Gap Inc. accelerates digital transformation with Microsoft Cloud
Gap Inc. (NYSE: GPS) announced it has established a strategic partnership with Microsoft Corp. (Nasdaq: MSFT) to...
