economy

US dollar price slightly rises Wednesday
Business

US dollar price slightly rises Wednesday

On Wednesday, November 9, the price of the US dollar witnessed a slight increase against the Egyptian pound, after the…
Wall Street Journal: Meta is planning significant layoffs
Technology

Wall Street Journal: Meta is planning significant layoffs

CNN Business  —  Facebook-parent Meta is planning the first significant layoffs in its history as the company grapples with a…
Hong Kong says it’s back open for business. Will the world buy it?
World

Hong Kong says it’s back open for business. Will the world buy it?

Hong Kong CNN  —  At a glitzy finance summit in Hong Kong this week, the city’s leader triumphantly told a…
Egyptians anticipate White Friday offers with big discounts
Egypt

Egyptians anticipate White Friday offers with big discounts

A number of citizens wait for the White Friday 2022 in Egypt every year, to purchase their needs with discounts…
As prices soar, consumers turn to McDonald’s
Food

As prices soar, consumers turn to McDonald’s

New York CNN Business  —  Inflation is relentlessly high and food prices in particular are soaring. In this environment, customers…
Apple is weathering the economic downturn better than fellow tech giants
Technology

Apple is weathering the economic downturn better than fellow tech giants

New York CNN Business  —  Apple beat Wall Street analysts’ sales and income expectations for the quarter ended in September,…
Egypt’s GDP rises by 6.6% in 2021/2022 Fiscal Year: Forbes
Business

Egypt’s GDP rises by 6.6% in 2021/2022 Fiscal Year: Forbes

Forbes Middle East has reported that Egypt’s gross domestic product has grown by 6.6 percent during the 2021/2022 fiscal year.…
Egyptian Economic Conf. 2022 to address current, future economic plans
Egypt

Egyptian Economic Conf. 2022 to address current, future economic plans

The Egyptian Economic Conference 2022 kicked off on Sunday in the presence of President Abdel Fattah al-Sisi to review the…
Fitch Solutions expects Egyptian economy growth to decline to 4.3%
Business

Fitch Solutions expects Egyptian economy growth to decline to 4.3%

Fitch Solutions, a research company of Fitch Ratings Agency, expects a slowdown in the growth of economic activity in Egypt…
China’s economy is ‘in deep trouble’ as Xi heads for next decade in power
World

China’s economy is ‘in deep trouble’ as Xi heads for next decade in power

Hong Kong CNN Business  —  When Xi Jinping came to power a decade ago, China had just overtaken Japan to…
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