Pakistan's central bank maintained its key interest rate at 22 per cent for the sixth consecutive policy meeting due to ongoing inflation risks, its monetary policy committee announced in a statement on Monday.
The State Bank of Pakistan (SBP) (...)
Pakistan's central bank is expected to maintain its key interest rate at a record 22 per cent for the sixth consecutive policy meeting on Monday due to ongoing inflation risks, Reuters reported on Thursday.
However, most analysts anticipate rate (...)
Al Ansari Exchange, a leading provider of transfer and foreign currency exchange services in the UAE and part of the Al-Ansari Financial Services Group, has reported a significant increase in money transfers to Egypt following the liberalisation of (...)
The risk of government defaults in emerging markets is decreasing, fueling a bond rally, especially in junk-rated sovereign debt, marking its strongest start since 2019, Bloomberg reported.
Factors such as a $1 trillion effort to rebuild prospects (...)
Daraz Group, an Alibaba-owned e-commerce platform, has announced layoffs across the group in an effort to establish a more efficient and flexible structure, according to an internal memo reviewed by Reuters on Tuesday.
However, the memo did not (...)
The Prime Minister of Egypt, Mostafa Madbouly, attended the signing ceremony of a cooperation agreement between the Information Technology Industry Development Authority (ITIDA) and the UAE-based Mashreq Global Network. The agreement aims to expand (...)
Pakistan's Foreign Ministry defended the fairness of the February 8th general elections, expressing surprise at the "negative tone" of some international statements regarding the polls.
Despite complex security challenges and "misplaced concerns," (...)
Kenya's eurobonds, which mature in June, saw a sharp increase after the country's announcement that it would be selling new securities and making an offer to buy back its $2 billion in debt, Bloomberg reported.
According to a government statement, (...)
Pakistan's government will need to start negotiations over a new loan package with the International Monetary Fund (IMF) to repay its "significant" payments due to the global lender, former central bank governor Reza Baqir said in an interview with (...)
Ora Developers has launched its new project, Ali El Wardy, the largest residential city in Baghdad, Iraq. The project is part of the Iraqi government's strategy to build new residential cities outside the city centers to ease the urban housing (...)
In observance of Kashmir Solidarity Day, the Pakistan Embassy in Cairo organized a seminar titled "A Tribute to Kashmiris' Just Struggle for Self-Determination" on Monday.
The event drew a diverse audience, including intellectuals, civil society (...)
A Pakistani military aircraft carrying much-needed supplies for the people of Gaza touched down at El-Arish International Airport Monday, marking the fifth batch of humanitarian assistance provided by the South Asian nation.
The shipment consisted (...)
حُكم على رئيس الوزراء الباكستاني السابق عمران خان وزوجته بشرى بيبي، اليوم الأربعاء، بالسجن 14 عامًا في قضية تتعلق ببيع هدايا الدولة، وهذه هي الإدانة الثالثة ل«عمران»، بما في ذلك تلك التي كانت بالأمس، وفقا لصحيفة (دون).
ويأتي الحكم الذي أصدرته محكمة (...)
The State Bank of Pakistan (SBP) announced on Monday that the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 per cent, due to "elevated" inflation which reached 29.7 per cent in December.
The MPC expects average (...)
Pakistan carried out a series of airstrikes in Iran's southeastern Sistan-Baluchestan province on Thursday, targeting "terrorist hideouts" linked to cross-border attacks on Pakistani soil. Iran strongly condemned the strikes, alleging civilian (...)
A recent research conducted by GSMA Intelligence with support from Huawei revealed that 80% of consumers surveyed across 16 countries now view climate change as the world's No. 1 challenge.
These countries include Saudi Arabia, Turkey, Egypt, South (...)
Magdi Moussa and Mohamed El Abiad, the co-founders of IMMRSV, a brand innovation studio that specializes in Edtech and Fintech, have been featured in the Forbes Middle East annual 30Under30 list for 2023. The list showcases young innovators in the (...)
جولة التصفيات مع Saudi Arabia - Pakistan اليوم، مشاهدة مباراة السعودية وباكستان يلا شوت بث مباشر في تصفيات كأس العالم، تستعد المنتخب السعودي لكرة القدم لبدء مشواره في التصفيات المؤهلة لكأس العالم 2026 وكأس آسيا 2027، حيث سيواجه منتخب باكستان في (...)
The United Nations reported on Monday that children in South Asia are struggling more than the rest of the world due to extreme water scarcity, which is exacerbated by climate change.
According to the UN children's agency, 347 million children under (...)
أعلنت شركة جارينا -المطور للعبة فري فاير- عودة بطولة Free Fire World Series (FFWS) في 10 نوفمبر الحالي.
البطولة ستقام في مدينة بانكوك بتايلاند.
ونجح الفريق المغربي Wask أن يكون الممثل الوحيد لمنطقة الشرق الأوسط وأفريقيا في منافسات البطولة (...)
The Central Agency for Public Mobilization and Statistics (CAPMAS) released its annual report on Tuesday, revealing the trade exchange between Egypt and 11 countries in East and South Asia during 2022. The report covers China, Malaysia, India, (...)
أدار عشرات النشطاء الأمريكيين ظهورهم بشكل استعراضي احتجاجا خلال حديث السفيرة الأمريكية ميشيل تايلور في جلسة استماع للأمم المتحدة في جنيف
وذكرت وكالة أسوشيتد برس (AP)، أن الحادث وقع خلال جلسة استماع في لجنة حقوق الإنسان التابعة للأمم المتحدة بشأن (...)
In recent interview, we shine the spotlight on Fakhar Jaffery, Director of Examination Services at the British Council in Egypt. He has been at the British Council for almost 10 years and within his role leads a large operation of a (...)
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division's DCM team has successfully concluded advisory on the second issuance for mortgage finance company Qasatli (...)
Saudi Aramco is studying a potential bid for Shell Plc's assets in Pakistan, marking its first venture into the South Asian nation's energy sector, according to Bloomberg citing sources familiar with the matter on Friday.
The Saudi oil giant is (...)