business

Amazon dethrones Google as top global brand: survey
World

Amazon dethrones Google as top global brand: survey

US retail giant Amazon has moved past hi-tech titans Apple and Google to become the world’s most valuable brand, a…
OECD cuts global growth forecast as US-China tensions rise
World

OECD cuts global growth forecast as US-China tensions rise

The OECD on Tuesday cut its forecast for the world economy, urging governments to resolve their trade disputes as the…
Fears as Chinese investment in Australia falls
World

Fears as Chinese investment in Australia falls

Chinese investment in Australia has fallen to its lowest level in five years, new research shows, sparking calls for the…
Japan’s economy shows better-than-expected growth
World

Japan’s economy shows better-than-expected growth

Japanese GDP expanded a better-than-expected 0.5 percent in the first quarter of this year, official data showed Monday, although analysts…
Trump defends tariffs after advisor says ‘both sides’ suffer
World

Trump defends tariffs after advisor says ‘both sides’ suffer

US President Donald Trump on Sunday defended his tariff policy, insisting again that China will pay billions in duties to…
US dollar exchange rate continues decline in Egypt
Economy

US dollar exchange rate continues decline in Egypt

US dollar prices declined against the Egyptian pound by an average of four piasters in several banks on Monday. The…
Egypt’s foreign currency reserves increase to US$44.218 bn: CBE
Business

Egypt’s foreign currency reserves increase to US$44.218 bn: CBE

The Central Bank of Egypt (CBE) announced that the country’s foreign currency reserves increased to US$44.218 billion at the end…
Sisi brings economic change for the better: World Bank President
Business

Sisi brings economic change for the better: World Bank President

President of the World Bank Group, David Malpass, said on Sunday that President Abdel Fattah al-Sisi has achieved economic and…
Egypt’s Transport Ministry signs €157 million supply contract for Spanish trains
Business

Egypt’s Transport Ministry signs €157 million supply contract for Spanish trains

Egypt’s Ministry of Transport on Monday signed a €157 million purchase and supply contract for six new air-conditioned railway trains…
Undeterred by Khashoggi murder, global executives return to Saudi Arabia
Middle East

Undeterred by Khashoggi murder, global executives return to Saudi Arabia

RIYADH (Reuters) – Global finance chiefs who boycotted a Saudi investment summit last year following the murder of journalist Jamal…
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