Big Arab banks show strong results for 2018

Some of the largest GCC banks have already published their financial statements for 2018 and they are showing strong results including high capital ratios. 

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Egypt passes fourth IMF review and receives another $2 bn

The IMF has disbursed another $2bn to Egypt, following a successful review of Egypt's progress under the Extended Fund Facility agreed in 2016. The Facility will end in November this year, hopefully with the disbursement of the final $2bn, to make a total of $12bn disbursed under the programme. 

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