Egypt has decided to keep fuel prices unchanged until October, giving citizens a short breather from the financial pinch as the economy continues to wrestle with inflation and global uncertainty....
Category: Economy
Fitch Sees Progress in Azerbaijan’s Banks, but Warns on Retail Lending Risks
Economic growth is cooling, oil’s losing steam, and consumer loans may be getting a bit too hot Azerbaijan’s banking sector has come a long way since the bad old days...
UAE Banking Assets Surge Past Dhs4.749 Trillion as Credit, Deposits Keep Climbing
Central Bank data shows a quiet but steady wave of growth in April — and foreign money is playing a bigger role than before The UAE’s banking sector added another...
Korean Companies Eye Brighter Second Half Despite Global Headwinds
Majority of firms anticipate stable or improved conditions; cost control and export strategies top the agenda Korea Inc. isn’t breaking out the champagne just yet — but there’s a shift...
Bharat Bandh Disrupts Public Services Across India as Over 25 Crore Workers Protest New Labour Codes
Banks, Coal, Highways, and Postal Services See Strikes as Unions Demand Policy Rollbacks and Better Wages India woke up to closed shutters, empty bank counters, and thinner-than-usual traffic on July...
Vietnam’s Banks Shift Gears, Eye Regional Spotlight with Bold Growth Target
Credit-fueled expansion meets hard questions on risk and resilience Vietnam’s banking sector is picking up speed — fast enough to turn heads across ASEAN. The State Bank of Vietnam (SBV)...
Banks Cheer Trump’s “Big Beautiful Bill” Even as Deficit Alarms Ring
Sweeping tax reforms win Wall Street praise, while economists warn of longer-term fiscal strain A fresh wave of optimism is pulsing through America’s financial sector — not from a strong...
UK Growth Hits 0.7% But Savings Slump Raises Red Flags for Households
Trade pact with US kicks in as MPs question value of Lifetime ISAs for vulnerable savers The UK economy posted a 0.7% growth in the first quarter of 2025—its strongest...
Ghana’s Central Bank Urges Traditional Lenders to Catch Up as Fintechs Dominate Digital Payments
Telcos and startups are eating banks’ lunch—and regulators are ringing the alarm bell Mobile money isn’t just winning in Ghana—it’s crushing the old guard. Traditional banks are barely hanging on...
Pakistan’s Digital Dreams: How Banks Could Be the Missing Piece
With digital wallets booming and fintechs mushrooming, Pakistan’s financial sector is at a crossroads. Banks now have a unique shot to transform access, build trust, and shape the nation’s role...