economy
Central Bank of Egypt slashes key interest rates by 3 percent
Business
March 17, 2020
Central Bank of Egypt slashes key interest rates by 3 percent
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) during an unscheduled meeting on Monday has chosen to slash…
Major banks move to calm coronavirus fears as toll passes 6,000
World
March 16, 2020
Major banks move to calm coronavirus fears as toll passes 6,000
The US Federal Reserve and other central banks announced on Sunday a bold set of measures to shore up confidence…
US-China trade truce at risk as virus hits global economy
World
March 15, 2020
US-China trade truce at risk as virus hits global economy
A hard-won trade war truce between the US and China is at risk as the coronavirus pandemic rocks the global…
Coronavirus to cause first annual decline in oil use in decade: IEA
World
March 9, 2020
Coronavirus to cause first annual decline in oil use in decade: IEA
The world is set for its first annual decline in oil consumption in more than a decade due to the…
Women hold 45% of Egypt’s public jobs, more than global average: Minister
Egypt
March 7, 2020
Women hold 45% of Egypt’s public jobs, more than global average: Minister
Minister of Planning and Economic Development Hala al-Saeed announced Saturday that Egypt’s women hold 45 percent of total governmental jobs…
Egypt most attractive to stock portfolios among emerging markets: Minister
Economy
March 1, 2020
Egypt most attractive to stock portfolios among emerging markets: Minister
International praise for Egypt’s continued improvement in its economic performance opens up new horizons in attracting foreign investments, Finance Minister…
One worker at a time, virus-hit China’s factories sputter back online
World
March 1, 2020
One worker at a time, virus-hit China’s factories sputter back online
The Xuda Shoes Company is usually bustling at this time of year, with workers having long returned from a Lunar…
Virus hammers China’s February economic activity: data
World
February 29, 2020
Virus hammers China’s February economic activity: data
China’s manufacturing activity fell to its lowest level on record in February as official data on Saturday confirmed the massive…
WHO warns of pandemic risk after virus peaks in China
World
February 25, 2020
WHO warns of pandemic risk after virus peaks in China
The new coronavirus has peaked in China but could still grow into a pandemic, the World Health Organization warned, as…
Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20
World
February 24, 2020
Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20
The deadly coronavirus epidemic could put an already fragile global economic recovery at risk, the IMF warned Sunday, as G20…