Egypt secures $1 billion World Bank reform support
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures...
Tag : emerging markets
India’s 77th Republic Day highlights growing EU economic ties
India marked its 77th Republic Day on Monday with senior European Union leaders attending the national celebrations in New Delhi, underscoring the country’s expanding global...
Argentina settles U.S. Treasury swap obligation in full
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S....
UN flags global economy operating near stagnation
NEW YORK: The global economy is experiencing a period of subdued economic performance marked by weak momentum and limited expansion, according to the latest assessment by the United...
Dollar strengthens in 2024 as markets brace for cautious Fed policies
The U.S. dollar ended 2024 with significant gains against most global currencies, supported by higher Treasury yields and reduced expectations for aggressive Federal Reserve rate...
Apple reports record revenue in India as demand for iPhones grows
MENA Newswire News Desk: Apple Inc. has reported record revenue in India for yet another quarter, underscoring the growing demand for its high-end products in...
Climate funding gap to hit $2.7 trillion annually says Moody’s report
MENA Newswire News Desk: The global climate investment gap is projected to reach $2.7 trillion annually by 2030, according to a new report by Moody's....
WEF unveils Playbook of Solutions to accelerate clean energy financing
MENA Newswire News Desk: The World Economic Forum (WEF) today unveiled its Playbook of Solutions, a comprehensive digital platform designed to enhance clean energy investments...
RBI governor warns on $315 trillion global debt crisis
MENA Newswire News Desk: The Reserve Bank of India (RBI) Governor, Shaktikanta Das, has issued a stark warning about the global debt crisis, which has...
IMF’s 2024 global growth forecast highlights U.S. resilience
The International Monetary Fund (IMF) has revised its global growth projection for 2024, increasing it by 0.2 percentage points to 3.1%. This upward revision is...