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...
373.251 billion USD the volume of investments in the industrial sector in Saudi Arabia
The Ministry of Industry and Mineral Resources of Saudi Arabia has...
DAE announces Financial Results for the three months ended March 31, 2021
Dubai Aerospace Enterprise (DAE) Ltd today reported its financial results for the three...
US accounts for 47% of all global Public Cloud Hosting revenue in 2020
Data presented by Buy Shares indicates that in 2020, the United States is set...
Global Mobility Services Revenue to Plunge by $450bn Amid COVID-19 Crisis
As the coronavirus crisis rages, public life in all countries is grinding to a...
395 Million New Jobs by 2030 if Businesses Prioritize Nature
The global COVID-19 pandemic has caused unprecedented job losses and economic uncertainty. As governments and...
Global Esports Industry Revenue to Jump 50% and Touch $1.6bn by 2023
The eSports market is expected to grow rapidly in the following years. According...
Quarantine Measures Threaten Aviation Restart in Africa & the Middle East
The International Air Transport Association (IATA) urged governments in Africa and the Middle...
More than 50% of German Companies Expect Major Revenue Drop in 2020
The coronavirus outbreak has caused a significant impact on European companies, confronting them...
Deeper Revenue Hit from COVID-19
The International Air Transport Association (IATA) updated its analysis of the revenue impact of the COVID-19 pandemic on the global air...
