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17 July 11:11 AM
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IMF downgrades 2024,2025 growth forecasts for Egypt, MENA

Cairo – Mubasher: The International Monetary Fund (IMF) has cut its expectations for Egypt’s real GDP growth for 2024 and 2025 by 0.3% for each year. The IMF reduced its expectations for the country’s growth in 2024 and 2025 to 2.70% and 4.10%, …
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CBRE names new Managing Director for MENA
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Egypt to establish wheat silos company, boost storage capacities
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Egypt reportedly may receive 2 LNG shipments in 10 days
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ADES Holding secures $3bn dual-currency debt facility from local, regional listed entities
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Liquid C2's Cloudmania expands Middle East partner ecosystem with Egypt launch
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IMF downgrades 2024,2025 growth forecasts for Egypt, MENA Macroeconomics
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Egyptian Exchange’s indices see varied performance on Tuesday Trading Activities
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CBRE names new Managing Director for MENA Global Economy
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Egypt to establish wheat silos company, boost storage capacities Macroeconomics
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Egypt reportedly may receive 2 LNG shipments in 10 days Macroeconomics
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EGX’s indices end Monday mixed Trading Activities
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Liquid C2's Cloudmania expands Middle East partner ecosystem with Egypt launch Global Economy
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Egypt’s VR studio 5dVR expands to KSA with AstroLabs Companies Investments
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Maridive & Oil Services logs 152% YoY higher consolidated profit in Q1-24 Financial Results
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Infinity Power signs 4GW renewable energy MoU in Cameroon Companies Investments
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Act Financial eyes EGP 1bn investment in 3 listed companies – Zilla Capital’s El-Shenety Initial Public Offerings
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Event
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Companies Investments
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Islamic Finance
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UK’s fintech firm Offa launches Islamic BTL service for expats in region Companies Investments
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Islamic Development Bank finances solar, battery projects in Uzbekistan Banking and Finance
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Nasdaq Dubai unveils $2.3bn new Sukuk issuances by Indonesia Sukuk and Islamic Finance
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ADIB provides AED 5.5bn sustainable finance in 2023 Sukuk and Islamic Finance
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Arada Developments lists $400m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
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Saudi sukuk, debt market hits 18.3% of GDP in 2023 – Report Bonds
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Nasdaq Dubai lists 1st sustainability sukuk from Emirates Islamic Sukuk and Islamic Finance
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Saudi Arabia’s National Debt Management Center closes $5bn sukuk issuance Sukuk and Islamic Finance
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Emirates Islamic issues $750m sustainability sukuk Banking and Finance
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Arab Markets
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ADNOC Drilling selects Al Ramz Capital as liquidity provider Trading Activities
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IMF downgrades 2024,2025 growth forecasts for Egypt, MENA Global Economy
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Aramco awards $500m offshore projects to Italy’s Saipem Companies Investments
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Aramco invests in Air Products Qudra’s subsidiary through 50% equity acquisition Companies Investments
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Rawasi Albina announces over SAR 13.5m deal to develop project Companies Investments
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Egyptian Exchange’s indices see varied performance on Tuesday Trading Activities
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CBRE names new Managing Director for MENA Global Economy
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TASI rises 1.1% on Tuesday; NomuC gains over 69 pts Trading Activities
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Mubadala, Qatar Investment Authority participate in $600m funding in North America’s TEN Companies Investments
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DFM closes Tuesday in red zone; ADX rises Trading Activities
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International Markets
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