economy

Egypt’s rate cut on thin ice? IMF issues stark warning
Business

Egypt’s rate cut on thin ice? IMF issues stark warning

The International Monetary Fund (IMF) has called on Egypt to exercise caution in its path of interest rate cuts, given the…
McDonald’s just had its worst quarter since Covid. It said customers are getting nervous
World

McDonald’s just had its worst quarter since Covid. It said customers are getting nervous

New York CNN  —  McDonald’s sales dropped in the beginning of the year, marking the second consecutive quarter of declines…
California overtakes Japan to become the world’s fourth-largest economy
World

California overtakes Japan to become the world’s fourth-largest economy

CNN  —  California has surpassed Japan to become the world’s fourth-largest economy, Gov. Gavin Newsom said, as he warned of…
Gold prices soar to historic high in Egypt
Business

Gold prices soar to historic high in Egypt

Gold prices in the Egyptian local market reached unprecedented levels on Monday, with the popular 21-karat gold exceeding the 4800…
PM says State moving ahead with economic reform program
Egypt

PM says State moving ahead with economic reform program

Prime Minister Mostafa Madbouly said the State is proceeding with the economic reform program, especially with regard to adopting a…
Why did Trump exempt gold from tariffs?
Features/Interviews

Why did Trump exempt gold from tariffs?

Amidst a powerful wave of tariffs unleashed by US President Donald Trump, plunging global trade into the shadow of anticipated…
Finance Ministry highlights initiatives to stimulate economic activity
Business

Finance Ministry highlights initiatives to stimulate economic activity

The Ministry of Finance outlined several initiatives to stimulate economic activity, empower the private sector and support productive industries in…
The grand economic impact of the Grand Egyptian Museum
Opinion

The grand economic impact of the Grand Egyptian Museum

In 2024, the Louvre Museum in Paris received nearly nine million visitors, 77 percent of whom were foreign tourists. The…
How the US economy went from booming to a recession scare in only 20 days
World

How the US economy went from booming to a recession scare in only 20 days

New York CNN  —  Just 20 days ago, the US stock market was sitting at all-time highs. The US economy…
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