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World Bank plans $6 billion of financial support for Egypt

The World Bank is planning to give Egypt more than $6 billion in financial assistance over the next three years to help it meet its development priorities, the Washington-based lender has announced 

"Over the coming three years, the World Bank Group intends to provide more than $6 billion of support to Egypt," the development lender said in a statement.

Bank of Japan finally ends negative interest rate policy

Japan's central bank on March 19 scrapped its negative interest rate as it finally began unwinding one of the world's most aggressive monetary easing programs.

The maverick policy dating back to 2013 was aimed at jump-starting economic growth and inflation after the country's "lost decades" of stagnant activity and prices in the world's number four economy.

Biden summons Israeli team in bid to avoid Rafah assault

U.S. President Joe Biden said Monday he had told Israeli Prime Minister Benjamin Netanyahu to send a team to Washington to discuss how to avoid an all-out assault in the southern Gaza city of Rafah.

AI giant Nvidia unveils higher performing 'superchips'

Nvidia on Monday unveiled its latest family of chips for powering artificial intelligence, as it seeks to consolidate its position as the major supplier to the AI frenzy.

75 detained at Nevruz event in Istanbul

Police have detained 75 suspects for allegedly engaging in terrorist propaganda during a Nevruz celebration event in Istanbul organized by the Peoples' Equality and Democracy Party (DEM Party), the Istanbul Governor's Office has announced.

Erdoğan congratulates Putin on reelection win

Turkish President Recep Tayyip Erdoğan congratulated his Russian counterpart, Vladimir Putin, on his reelection victory over the weekend.

According to Türkiye's Communications Directorate, Erdoğan expressed his belief in the call that the positive trajectory of Turkish-Russian relations will continue in the coming days.