economy

Iranian currency hits record low amid US blockade and shaky ceasefire
Middle East

Iranian currency hits record low amid US blockade and shaky ceasefire

Iran’s national currency has hit a record low against the US dollar, trading at around 1.8 million rials against the…
Economic reforms boost ability to handle regional shocks, attract investment
Business

Economic reforms boost ability to handle regional shocks, attract investment

Planning and Economic Development Minister Ahmed Rostom confirmed that economic reform has enhanced the state’s ability to manage the repercussions…
FM: Empowering private sector key drive for economic growth
Business

FM: Empowering private sector key drive for economic growth

Minister of Foreign Affairs, International Cooperation and Expatriates Badr Abdelatty said empowering the private sector is a key priority for…
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…
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