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...
COVID-19 & Climate Crisis: Business As Usual?
The challenges COVID-19 and climate crisis present to our business community as well as opportunities that are emerging...
Technology sector stocks most profitable with 30% average ROI
Data gathered by Buyshares.co.uk indicates that the technology sector stocks are most profitable with a 30.65% ...
New Google data reveals Coronavirus impact in GCC
New data published by search engine Google has revealed how the Coronavirus outbreak is impacting mobility across...
Which Countries Put the most Effort in COVID-19 Research?
Finbold.com has launched the Coronavirus Research Index (CRI) to identify countries that are putting in the most effort...