Yasser Lotfy

– China Development Bank Grants 7 Billion Yuan to Egypt’s Central Bank – Egypt’s Central Bank Receiv...

Escalating Israel-Hamas conflict poses economic risks for Egypt, Lebanon, and Jordan

Economic crises are spreading across the neighboring countries of Israel, with t...

Aviation War Insurers Reduce Coverage for Israel and Lebanon Due to Gaza Conflict

War insurers in the aviation industry have informed certain airlines based in Is...

Iraqi banks strengthened by foreign currency deals during no-confidence motion against central bank ...

In an interesting turn of events, the Iraq Central Bank (ICB) has secured agreem...

Egypt’s Sovereign Fund to Finalize Sale of Historic Hotels by the end of the Year

In exciting news, Egypt’s Sovereign Fund is set to finalize the sale of a collec...

Royal Society of Arts in the UK issues apology for hosting event with ties to Israel

An arts organisation based in Britain has issued an apology following backlash o...

Saudi Wealth Fund Acquires 10% Stake in London Heathrow Airport

Saudi Arabia’s sovereign wealth fund has recently announced plans to acquire a t...

Red Sea Attacks Targeting Gaza Lead to Vessel Rerouting, Disrupting Supply Chains

The increase in attacks by Yemen’s Houthi rebels on ships in the Red Sea is caus...

World Bank forecasts gloomy outlook for Palestinian economy attributed to Israeli actions

In a recent statement, the World Bank issued a warning about the concerning stat...

Insiders predict a ‘lost year’ for Turkey’s economy regardless of election outcome

Experts in Turkish politics are predicting that regardless of the outcome of the...

Moody’s Considers Downgrading Egypt’s B3 Ratings

Moody’s has put Egypt’s B3 foreign-currency and local-currency issuer rating und...

Fitch downgrades Egypt’s credit rating to B with a negative outlook

In a recent development, Fitch announced on Friday a downgrade of Egypt’s rating...

Egypt Divests $121.6 Million Stake in State-Owned Telecom Egypt

In a statement on Sunday, Egypt’s finance ministry announced the successful sale...

Effects of Sudan conflict on small businesses are severe

In a market just outside Sudan’s capital, amidst the ongoing turmoil, Ibrahim Ab...

Turkey’s Extension of Ukraine Grain Deal Nearing Completion

Turkey announced on Friday that negotiations were close to reaching an agreement...

Lead Manager Confirms Saudi Arabia’s Successful Sale of $6 Billion in Two-Tranche Islamic Bonds

Saudi Arabia has successfully raised $6 billion through the sale of Islamic bond...