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  • EGX Organizes Meetings Between Listed Petroleum Sector Companies And Research Houses

    Date 04/06/2023

    The Egyptian Exchange (EGX) organized 5 meetings between Board Chairmen and top management of 5 listed petroleum sector companies on one side, and more than 40 research analysts, from 17 investment banks and brokerage firms, on the other side. 

  • Saudi Stock Exchange (Tadawul) May 2023 Report

    Date 04/06/2023

    The total value of shares traded for the month of May 2023 reached SAR 136.00 billion (US$ 36.27 billion), increasing by 52.94% over the previous month.

  • EGX Approves Listing “TAQA Arabia”

    Date 04/06/2023

    The Egyptian Exchange (EGX) approved temporarily listing the shares of “TAQA Arabia” (TAQA.CA) for direct trading.

  • Readout: US Under Secretary For International Affairs Jay Shambaugh’s Meeting With The Appointed Ambassador From The People’s Republic Of China Xie Feng

    Date 02/06/2023

    Under Secretary of the Treasury Jay Shambaugh today met with the appointed Ambassador from the People’s Republic of China Xie Feng. The meeting was candid, constructive, and part of ongoing efforts to maintain open lines of communication and responsibly manage our bilateral relationship. While raising issues of concern, Under Secretary Shambaugh emphasized the importance of the two largest economies closely communicating on global macroeconomic and financial issues and working together on global challenges.

  • IMF Executive Board Approves FY2024–FY2026 Medium-Term Budget

    Date 02/06/2023

    On April 27, 2023, the Executive Board of the International Monetary Fund considered the 2024-26 financial years (FY24-26) Medium-Term Budget against a complex global economic backdrop. While the pandemic is receding in many countries, the global impact of Russia’s invasion of Ukraine, intensifying geopolitical fragmentation, and multi- decade high inflation have contributed to a significant rise in demand for Fund financial support and for more granular surveillance advice. Recent financial sector developments provide a reminder that the outlook remains subject to high uncertainty and downside risks.