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It’s still all about interest rates everywhere on Planet Finance
Fed officials left the door open for more big rate cuts this year
US banks reaped USD 1 tn in windalls from high interest rate environment
Banks are expected to pass some of the recent half-percentage-point rate cuts onto depositors
AD Ports to receive two Ain Sokhna marine terminals by 1Q 2025. PLUS: Mobica, MID Takseet + Basata, State Lawsuits Authority, Talaat Moustafa Group, Greentech
A high-level committee is reportedly close to finalizing the final terms of the contract
Investors weigh up the rationale behind the Fed’s rate cut
The rate cut is feared to have been a late move by the Fed to maintain growth momentum
Egypt is looking to tap USD 3 bn worth of external debt by June, Kouchouk reportedly tells foreign investors
Key to bringing down costs is diversifying our debt instruments, gov’t source says
Fed kicks off easing cycle with a bang
The Fed’s updated projections include a further 50 bps rate cut by year end
Wall Street's biggest banks are lagging in their response to climate risks
80% of banks are gathering climate data, but fewer than half are adapting their financing for climate-vulnerable businesses
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