Maha Hassan's Articles

Egypt’s automatic pricing committee for retail fuel products is set to resume its periodic meetings during the first quarter of the new fiscal year, triggering a wave of varied forecasts among energy experts over whether the government will implement a fuel price cut or freeze rates.

S&P Global Ratings has assigned the African Export-Import Bank (Afreximbank) a long-term issuer credit rating of BBB+ and a short-term rating of A-2, both with a Stable Outlook, highlighting the lender’s strong financial standing and its growing role in supporting trade, investment, and economic development across Africa.

At a time when the global economy is grappling with mounting development and financial challenges, Azerbaijan is preparing to host the 2026 Annual Meetings of the Islamic Development Bank (IsDB) Group in Baku from 16 to 19 June under the theme, Regional Integration as a Catalyst for Sustainable Prosperity.

George Elombi, President of the African Export-Import Bank (Afreximbank), announced that the bank group’s total assets rose to approximately $49.4 billion, while shareholders’ equity reached $8.26 billion.