2+ day, 18+ hour ago   (800+ words) The European Central Bank raised interest rates on Thursday for the second time this year, seeking to quell an energy-driven rise in inflation triggered by the Iran war. Attacks by both sides since the end of August have shattered a…...

4+ day, 18+ hour ago   (348+ words) Zawya Ministry of Finance announces amendments to the VAT executive regulation As part of its ongoing efforts to further develop the UAE's tax system Abu Dhabi, UAE – The Ministry of Finance has announced the issuance of Cabinet Decision No. (149) of…...

1+ week, 3+ day ago   (276+ words) BEIRUT: France-based consulting firm Alvarez & Marsal will conduct an audit of more than four years of financial transactions at Lebanon's central bank, including the period following the country's financial collapse, the bank said in a written statement on Wednesday. Lebanon's…...

1+ week, 5+ day ago   (718+ words) Ethiopia’s ongoing efforts to restructure its defaulted $1 billion Eurobond have received a major boost after bilateral creditors backed the plan, terming it fair and consistent with the Comparability of Treatment (CoT) principle. The approval sets the stage for Addis Ababa…...

2+ week, 4+ day ago   (637+ words) WASHINGTON: The global economy has weathered the Iran war energy shock better than feared, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday, but she raised concerns about deteriorating fiscal conditions in some countries shown by rising bond yields…...

2+ week, 4+ day ago   (526+ words) The U.S. dollar regained some strength on Tuesday, as investors parsed Washington's expanded sanctions against Iran and renewed efforts to ease pressure on longer-dated Treasury yields, while cryptocurrencies extended a rally on debasement fears. U.S. Treasury Secretary Scott Bessent unveiled an expansion…...

2+ week, 6+ day ago   (172+ words) Abu Dhabi Commercial Bank – Egypt (ADCB Egypt) and Industrial Development Group (IDG) have signed an EGP 618 million financing agreement to support the development of IDG’s e² New October industrial complex in New October City, as per an emailed press rleease. The…...

3+ week, 2+ day ago   (102+ words) Zawya Egypt’s remittances hit record $47.3bln in FY2025/26: CBE The inflows increased from approximately $36.5bln in FY2024/2025 Egypt - Remittances from Egyptians working abroad rose 29.6% year on year (YoY) to a record $47.3 billion in fiscal year (FY) 2025/2026, according to data from the Central Bank…...

3+ week, 2+ day ago   (373+ words) BEIJING - China will roll out additional fiscal policy measures in response to economic developments, Vice Finance Minister Liao Min said on Friday, as growth slows in the world's second-biggest economy. China will maintain the continuity and stability of macroeconomic policies…...

3+ week, 3+ day ago   (280+ words) Saudi Arabia’s real gross domestic product contracted 4.8% year-on-year in the second quarter of 2026, said Al Rajhi Capital, a leading financial group in Saudi Arabia, citing flash estimates from the General Authority for Statistics (GASTAT), as a 24.7% decline in oil activity…...