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...
UN Report Assesses Damage to Gaza’s Infrastructure
The World Bank: The cost of damage to critical infrastructure in Gaza is estimated at around $18.5 billion...
BoP and Taawon signs agreement to care Orphans of the Gaza war
Bank of Palestine Group and Taawon launched a strategic partnership to provide immediate...
APIC achieved net profits of USD 19.05 million in 2023
Arab Palestinian Investment Company (APIC) announced its consolidated preliminary (unaudited) financial results for 2023. In his statement,...
World Bank Strengthens Support to Education in Jamaica
World Bank: The Government of Jamaica and the World Bank have signed a $30 Million agreement aimed...
Achievements in Driving Sustainable Development in Member Countries in 2022
Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, and Minister...
Global Survey of 37k School Students Reveals Desire to Modernize Education
The World’s Largest Lesson - an initiative led by Project Everyone and UNICEF - and NetApp a cloud-led,...
APIC achieves net profits of USD 30.5 million in 2022
Arab Palestinian Investment Company (APIC) announced its consolidated preliminary (unaudited) financial results for 2022. In...
Nine things did not know about BARBADOS
Known for being one of the Caribbean’s most idyllic islands, there’s much more to Barbados than beautiful beaches,...
UAEU pavilion at Expo 2020 Dubai launches the “Enhancing Student Skills” program
The UAEU pavilion at Expo 2020 Dubai launched the “Enhancing Students Skills” program...
24 Billion to Private Sector Emirati Competitiveness Programme
The United Arab Emirates today unveiled a sweeping program of reforms and financial incentives to drive new...
Global Education Summit raises US$4 billion for the Global Partnership for Education
The Global Education Summit, co-hosted by UK Prime Minister Boris Johnson and Kenyan...
Two women experts from Farnek to speak at Hotel Show
Two industry experts from leading UAE-based smart and green facilities management (FM) company Farnek...
