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Rising rates risk global growth, IMF warns
“Chances of a hard landing have risen sharply,” IMF warns
World Bank downgrades growth forecasts for Egypt and the region as inflation bites
Lender cuts GDP growth forecast from 4.8% to 4.0% in FY 2022-2023
SCZone adds New Delhi to its investment roadshow
SCZone visited Vietnam and Japan and is also heading to China
Egyptian lawmakers approve bringing back daylight saving time
Government says the move will save at least USD 25 mn
We’re officially part of the New Development Bank. PLUS: Food security, trade with India
We’re the lender’s biggest shareholder after the five BRICS countries
IsDB money for our high-speed rail
The project is set to cost some USD 23 bn in total
Japan to support health ins. program with USD 336 mn loan. PLUS: More funding for women-led businesses
The money will help the government roll out the scheme over the next 7 years
THIS MORNING: There’s more speculation about devaluation ahead of Thursday’s MPC meeting
The USD rate has continued to widen in the parallel and derivative markets in recent days
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