economy
Will the foreign exchange crisis in Egypt end soon?
Features/Interviews
November 20, 2023
Will the foreign exchange crisis in Egypt end soon?
Prime Minister Mostafa Madbouly assured Saturday that Egypt’s currency crisis is “transient” and will come to an end soon. In…
Finance min.: Promoting cooperation with India to face economic challenges
Egypt
November 15, 2023
Finance min.: Promoting cooperation with India to face economic challenges
Finance Minister Mohamed Maait asserted Egypt’s keenness on diversifying financing resources and accessing new capital markets through innovative and more…
Expectations of unprecedented inflation in Egypt
Business
November 10, 2023
Expectations of unprecedented inflation in Egypt
The head of Egypt’s sovereign wealth fund Ayman Soliman said that Egypt’s inflation, which has accelerated to record levels, has…
Dollar price in Egypt rises to LE48 up from LE42 last week
Business
November 8, 2023
Dollar price in Egypt rises to LE48 up from LE42 last week
The price of the dollar rose against the Egyptian pound by at least five pounds, exceeding LE47 according to the…
Saudi Arabia’s oil production cuts have tipped its economy into reverse
Middle East
November 4, 2023
Saudi Arabia’s oil production cuts have tipped its economy into reverse
Abu Dhabi CNN — Saudi Arabia’s economy has jolted into reverse, after the world’s largest crude oil exporter slashed output…
Europe’s economy risks a recession after output falls in the third quarter
World
October 31, 2023
Europe’s economy risks a recession after output falls in the third quarter
London CNN — The euro area economy risks falling into recession later this year after official data Tuesday showed that…
The 5 best times to invest in gold
Economy
September 14, 2023
The 5 best times to invest in gold
When it comes to investing in precious metals, buying gold has long been considered a safe-haven asset. For centuries, it…
6th session of National Dialogue’s economic axis kicks off
Egypt
September 6, 2023
6th session of National Dialogue’s economic axis kicks off
The sixth session of the National Dialogue’s economic axis kicked off on Tuesday 5 September 2023 at Cairo International Convention…
The UK economy still can’t cope with the consequences of Brexit
World
August 30, 2023
The UK economy still can’t cope with the consequences of Brexit
London CNN — The UK government has delayed health and safety checks on food imports from the European Union for…
Expert reveals the steps BRICS can take to reduce the US dollar’s dominance
Business
August 26, 2023
Expert reveals the steps BRICS can take to reduce the US dollar’s dominance
Banking expert and former vice-president of Banque Misr, Sahar al-Damaty said that cooperation with the BRICS will require new foundations…