economy
US dollar exchange rate continues to soar against Egyptian pound
Business
August 31, 2022
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
August 30, 2022
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
August 8, 2022
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
July 26, 2022
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
July 26, 2022
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
July 23, 2022
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
July 17, 2022
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
July 16, 2022
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
July 9, 2022
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
July 5, 2022
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…