economy
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.…
Why the Russian invasion will have huge economic consequences for American families
World
February 26, 2022
Why the Russian invasion will have huge economic consequences for American families
New York (CNN Business) – Russia’s invasion of Ukraine is happening thousands of miles away from the closest major US…
Turkish consumer confidence drops 2.8 percent in Feb
Middle East
February 20, 2022
Turkish consumer confidence drops 2.8 percent in Feb
ANKARA, Feb 18 (Reuters) – Turkish consumer confidence dropped 2.8 percent to 71.2 points in February, official data showed on…
Arab countries lost US$220 billion due to coronavirus in 2020: Arab League
Business
February 13, 2022
Arab countries lost US$220 billion due to coronavirus in 2020: Arab League
The Secretary-General of the Arab League, Ahmed Aboul-Gheit announced Sunday that the combined loss in the gross domestic product of…