Zelestra has expanded its sustainable finance initiatives to 77 billion euros, supported by 11 global banks. This marks a significant step in the company’s commitment to environmentally responsible […]
Banks
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Egypt’s National Bank Offers Dollar Savings Account for Freelancers Without Official Documentation
Egypt’s National Bank offers a special dollar savings account called “Economic Activity Account in US Dollars” for Egyptian clients engaged in crafts and freelance work who do not […]
Banks
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El Banco de Desarrollo Económico se propone elevar a $300 millones la cartera de préstamos
Aunque las operaciones del Banco de Desarrollo Económico (BDE) están estables, su salud financiera no es óptima, según Carmen Vega Fournier, presidenta de la entidad gubernamental. A pesar […]
Banks
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Anna Paulson
Anna Paulson assumed her role as the 12th president and chief executive officer of the Federal Reserve Bank of Philadelphia on July 1, 2025. In this capacity, Paulson […]
Banks
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Banks See Economic Boost in Trump’s Tax Bill
President Trump’s One Big Beautiful Bill Act (OBBBA) has passed the Senate with a 51-49 vote, despite facing criticism for increasing the deficit. However, several banks believe the […]
Banks
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Japan’s Central Bank Stands Pat on Interest Rates Amid Economic Uncertainty
The Governor of the Bank of Japan, Kazuo Ueda, said on Tuesday that the bank will not aggressively move toward raising interest rates unless there are clear signs […]
Banks
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African Development Bank collaborates with Mozambique to enhance country portfolio performance and economic transformation
The African Development Bank and the Government of Mozambique have completed a joint review of the 2025 Country Portfolio Performance, paving the way for maximizing the impact of […]
Banks
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China Leverages AIIB Amid US Retreat from Development Financing
At the AIIB’s annual meeting in Beijing, China urged its multilateral bank to fill the growing global development financing gap. With Western aid and investments plummeting, Finance Minister […]
Banks
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South Africa Secures $1.5 Billion for Infrastructure Revamp
South Africa has secured a $1.5 billion loan from the World Bank to modernize its transport and energy infrastructure. The funds aim to alleviate chronic bottlenecks at ports […]
Banks
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Amazon Faces Employee Layoff Concerns Amid Resignation Deadline
Amazon is reportedly facing concerns over potential mass layoffs as employees are given a 30-day deadline to resign within 60 days. This situation has sparked fears among the […]