economy
What jobs crisis? Top Chinese regulator says tech is booming
World
April 11, 2022
What jobs crisis? Top Chinese regulator says tech is booming
Hong Kong (CNN Business) – One of the regulators behind China’s dramatic crackdown on private enterprise has tried to quell…
War could destroy nearly half of Ukraine’s economy this year
World
April 11, 2022
War could destroy nearly half of Ukraine’s economy this year
Hong Kong (CNN Business) – Ukraine could lose almost half of its economy this year as a result of Russia’s…
US dollar exchange rate in Egypt maintains stable prices
Egypt
April 11, 2022
US dollar exchange rate in Egypt maintains stable prices
The National Bank of Egypt announced the update of currency rates on Monday. The US dollar maintained stable price:s while…
Asia faces three big economic shocks: War in Ukraine, China and the Fed
World
April 5, 2022
Asia faces three big economic shocks: War in Ukraine, China and the Fed
Hong Kong (CNN Business) – The World Bank said on Tuesday that countries in Asia may have to deal with…
Middle East oil exporters are cashing in as Ukraine war hits global economy
Middle East
April 4, 2022
Middle East oil exporters are cashing in as Ukraine war hits global economy
Abu Dhabi, UAE (CNN) – The Ukraine war is wreaking havoc on the world economy, but in the Middle East…
China’s economy hit by double whammy in March
World
April 2, 2022
China’s economy hit by double whammy in March
Beijing – Activity in Chinese manufacturing and services simultaneously contracted in March for the first time since the height of…
Egypt’s government coordinates with the Chambers of Commerce to set prices
Egypt
March 26, 2022
Egypt’s government coordinates with the Chambers of Commerce to set prices
Egypt’s government announced that the Federation of Egyptian Chambers of Commerce (FEDCOC) is committed to price stability in accordance with…
US dollar exchange rate continues to increase against Egyptian pound
Business
March 22, 2022
US dollar exchange rate continues to increase against Egyptian pound
The exchange rate of the US dollar against the Egyptian pound continued to increase on Tuesday’s morning trading, reaching LE18.53.…
Egypt allocates LE130 billion to handle repercussions of economic challenges
Business
March 21, 2022
Egypt allocates LE130 billion to handle repercussions of economic challenges
Egyptian Finance Minister Mohamed Maait announced Monday that a package of financial and social protection measures worth LE130 billion have…
The West’s $1 trillion bid to collapse Russia’s economy
World
March 2, 2022
The West’s $1 trillion bid to collapse Russia’s economy
London (CNN Business) – The West has responded to Russia’s invasion of Ukraine with round after round of punishing sanctions.…