EnergyTop StoriesNo more power cuts, says Egypt PM Mostafa MadboulyGBO CorrespondentSeptember 23, 2024 GBO CorrespondentSeptember 23, 2024 Egypt PM Mostafa Madbouly explained that the government had initially allocated $1.18...
EconomyTop StoriesEgypt’s economy shows signs of recovery despite challenges: IMFGBO CorrespondentAugust 29, 2024 GBO CorrespondentAugust 29, 2024 The release of the IMF's review on Egypt has identified several encouraging...
EconomyTop StoriesEgypt’s way out of crisis: Finance Minister Mohamed Maait charts the road aheadGBO CorrespondentApril 25, 2024April 24, 2024 GBO CorrespondentApril 25, 2024April 24, 2024 Over the previous ten years, Egypt has created development by using foreign...
FinanceTop StoriesNigeria’s foreign reserves dwindle by USD 1.65 billion following FX unificationGBO CorrespondentDecember 15, 2023December 14, 2023 GBO CorrespondentDecember 15, 2023December 14, 2023 The main source of income for Nigeria’s external reserves is the proceeds...
EconomyTop StoriesKPMG predicts 30% inflation for Nigeria by year-endGBO CorrespondentNovember 17, 2023 GBO CorrespondentNovember 17, 2023 The removal of foreign exchange controls and a fuel subsidy by Nigeria's...
EconomyTop StoriesFitch rates Nigeria ‘B-‘ with stable outlookGBO CorrespondentNovember 10, 2023November 9, 2023 GBO CorrespondentNovember 10, 2023November 9, 2023 Positively, Fitch stated that reforms have advanced more quickly than expected since...
EconomyTop StoriesMENA Watch: Future not so good for Algeria economy?GBO CorrespondentJune 14, 2023 GBO CorrespondentJune 14, 2023 The 2021 numbers show that Algeria's GDP per capita was USD 3,691,...
CurrencyTop StoriesTurkey to boost forex reserve with new currency swap deal with ChinaGBO CorrespondentJune 14, 2021 GBO CorrespondentJune 14, 2021 The new swap deal is increased from $2.4 bn to $6 bn...