economy

US dollar exchange rate continues to soar against Egyptian pound
Business

US dollar exchange rate continues to soar against Egyptian pound

The US dollar exchange rates witness a slight rise in Egyptian banks on Wednesday: The US dollar against the Egyptian…
Egypt allocates total of LE12 billion to four important fields for 2022/23 budget
Egypt

Egypt allocates total of LE12 billion to four important fields for 2022/23 budget

The total support directed by the Egyptian government to several areas of economic development within the budget for the current…
Egypt’s foreign currency reserves fall to a record level
Business

Egypt’s foreign currency reserves fall to a record level

The Central Bank of Egypt revealed that net foreign currency reserves initially reached US$33.14 billion at the end of July…
Egypt, Jordan to remove restrictions for the flow of trade between the two countries
Egypt

Egypt, Jordan to remove restrictions for the flow of trade between the two countries

An expanded Egyptian-Jordanian consultation session was held in Cairo, on Monday, headed by Egyptian Foreign Minister Sameh Shoukry and Jordanian…
The messy world of Elon Musk
Features/Interviews

The messy world of Elon Musk

Just when we think Elon Musk might keep his head down to focus on running his many companies, fighting a…
Why a social media app is dragging the market lower
World

Why a social media app is dragging the market lower

London (CNN Business) – An average 347 million people use Snapchat every day. That’s a fraction of the nearly 2…
Netflix is in rough shape. This week will determine its future
Culture

Netflix is in rough shape. This week will determine its future

New York (CNN Business) – Netflix, once a darling of Wall Street, is suddenly on the ropes. The streaming giant…
China’s economy records slowest growth since the start of 2020
World

China’s economy records slowest growth since the start of 2020

Hong Kong (CNN Business) – China’s economy has recorded its worst quarterly performance in over two years, after months of…
Sri Lanka is ‘bankrupt,’ Prime Minister says
World

Sri Lanka is ‘bankrupt,’ Prime Minister says

Colombo, Sri Lanka (CNN) – Sri Lanka is “bankrupt,” Prime Minister Ranil Wickremesinghe said Tuesday, as the country suffers its…
US and China discuss economic challenges as talk of tariff rollback swirls
World

US and China discuss economic challenges as talk of tariff rollback swirls

Hong Kong (CNN Business) – The United States and China held talks Monday to discuss the huge challenges facing the…
Back to top button