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...
Judges announced, it’s time to prepare for The Maritime Standard Awards 2018
The Maritime Standard Awards 2018 will take place at iconic The Atlantis, the,...
Scotland to host historic dialogue between global leaders in ethical finance
Middle East Global Advisors, a leading financial intelligence platform spearheading the agenda of sustainable...
Leading global transaction banks kick off blockchain proof of concept with SWIFT
SWIFT,in collaboration with leadingglobal transaction banks,is developing aproof of concept (PoC) application that...
EUROPEAN BUSINESS ANGELS INVESTMENT FORUM
HOSTED OVER 200 ANGEL INVESTORS FROM 36 COUNTRIES IN TURKEY
European Business Angels Investment Forum brought together the best European...
The Hajj, How a 1400-year-old holy pilgrimage has become a significant source of income for Saudi Arabia
The Hajj has a deep emotional and spiritual...