economy
Egypt aims to launch digital currency by 2030
Egypt
January 8, 2024
Egypt aims to launch digital currency by 2030
The Information and Decision Support Center of the Egyptian Council of Ministers prepared a research project, “The Document on the…
Central Bank yet to announce flotation of Egyptian pound: MP
Economy
January 4, 2024
Central Bank yet to announce flotation of Egyptian pound: MP
Senate member Ahmed Samir said that the Central Bank of Egypt (CBE) has not officially announced the flotation of the…
Xi Jinping rings in 2024 with rare admission that China’s economy is in trouble
World
January 1, 2024
Xi Jinping rings in 2024 with rare admission that China’s economy is in trouble
Hong Kong CNN — China’s businesses are struggling and job seekers have trouble finding work, President Xi Jinping acknowledged during…
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
Business
December 21, 2023
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
A member of the House of Representatives, Abu Abbas Farhat Turki, a submitted a briefing request to the Speaker of…
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…