economy

Economists are putting a price on the Iran war fallout in Asia. It doesn’t look good.
World

Economists are putting a price on the Iran war fallout in Asia. It doesn’t look good.

The fallout of the US and Israel’s war with Iran is poised to cost the Asia-Pacific economy hundreds of billions…
The Iran truce may be too late for many African countries
World

The Iran truce may be too late for many African countries

Abuja —  In northern Malawi, Suteny Williams Nsamba is struggling to buy fertilizer for his small farm, where he grows corn,…
Moody’s Analytics warns of Iran war’s impact on Egyptian economy
Business

Moody’s Analytics warns of Iran war’s impact on Egyptian economy

An economist at Moody’s Analytics, Dominic Bartos, said that the Gulf Cooperation Council (GCC) countries are facing an unprecedented crisis…
Finance Minister: 2026-2027 budget targets LE4 trillion in revenues
Business

Finance Minister: 2026-2027 budget targets LE4 trillion in revenues

Minister of Finance Ahmed Kouchouk announced on Saturday, 28/3/2026, that the state general budget for the 2026-2027 fiscal year is…
Govt reviews targeted investments under 2026/2027 economic, social development plan
Business

Govt reviews targeted investments under 2026/2027 economic, social development plan

CAIRO, March 12 (MENA) – Prime Minister Mostafa Madbouly said the State attaches great importance to economic and social development…
Egypt’s appliance prices skyrocket 200% amid currency volatility: Experts
Economy

Egypt’s appliance prices skyrocket 200% amid currency volatility: Experts

The Egyptian Tax Experts Association has issued an urgent warning regarding the unsustainable surge in home appliance prices, noting that…
Facing ‘grave and complex landscape,’ China sets lowest economic growth target in decades
World

Facing ‘grave and complex landscape,’ China sets lowest economic growth target in decades

Beijing/Hong Kong  —  China set its lowest economic growth target in decades on Thursday, announcing it would aim for 4.5-5…
FM, investment min. urge intensifying institutional cooperation to promote Egyptian economy abroad
Egypt

FM, investment min. urge intensifying institutional cooperation to promote Egyptian economy abroad

CAIRO, Feb 22 (MENA) – Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty and Minister of Investment…
Russian travel groups forecast up to 50% growth for Egypt in 2026
Main Slider

Russian travel groups forecast up to 50% growth for Egypt in 2026

According to a recent report by the Association of Tour Operators of Russia (ATOR), leading Russian travel providers agree that…
Gold prices slump below record highs amid strengthening US dollar
Business

Gold prices slump below record highs amid strengthening US dollar

Global gold prices fell on Thursday, as precious metals saw a broad decline driven by subsiding geopolitical risks and a…
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