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Petroleum Newsroom
China’s central bank says to keep yuan stable, in balanced range
[ad_1] BEIJING (Reuters) – China’s central bank will maintain basic stability of the yuan exchange rate within a reasonable and…
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Petroleum Newsroom
Suez Canal Bank net profit rises 12% in Q1 2019
[ad_1] CAIRO – 16 May 2019: The Suez Canal Bank net profits increased 12 percent in the first quarter of…
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Petroleum Newsroom
Russia diversifies state reserves due to economic, political risks: central bank
[ad_1] MOSCOW (Reuters) – Russia is diversifying its state foreign currency reserves more than other countries because of the economic…
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Petroleum Newsroom
Metro shares slip after British bank moves to reassure customers
[ad_1] LONDON (Reuters) – Metro Bank shares fell on Monday after weekend social media postings led to customer queues at…
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Petroleum Newsroom
Egypt, World Bank sign $200M agreement to support entrepreneurs, SMEs
[ad_1] CAIRO – 8 May 2019: Egypt and the World Bank signed an agreement worth $ 200 million to support…
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Petroleum Newsroom
World Bank funds Egyptian SMEs by $1B
[ad_1] CAIRO – 5 May 2019: The World Bank funds small and medium enterprises by about$1 billion, of which…
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Petroleum Newsroom
CBE gov.: United Bank of Egypt to be sold to US investment fund in 3 months
[ad_1] CAIRO, April 29 (MENA) – Central Bank of Egypt (CBE) Governor Tareq Amer revealed that a giant US investment…
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Petroleum Newsroom
World Bank is keen to intensify cooperation with Egypt
[ad_1] CAIRO – 15 April 2019: Deputy President of the World Bank Mokhtar Diop stressed the bank’s keenness to contribute…
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Petroleum Newsroom
New World Bank president hopes to work closely with Sisi
[ad_1] CAIRO – 14 April 2019: “I look forward to working closely with President Abdel Fatah al-Sisito achieve faster growth…
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Petroleum Newsroom
World Bank backs Guyana’s oil and gas policy framework with $20 million credit
[ad_1] The World Bank’s board of executive directors has approved a $20 million credit from the International Development Association (IDA)…
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