economy
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$220 billion due to coronavirus in 2020: Arab League
The Secretary-General of the Arab League, Ahmed Aboul-Gheit announced Sunday that the combined loss in the gross domestic product of…
Turkey’s new credit guarantee fund package worth 60 bln lira, minister says
Middle East
February 13, 2022
Turkey’s new credit guarantee fund package worth 60 bln lira, minister says
ANKARA, Feb 12 (Reuters) – Turkey’s finance minister announced on Saturday a new credit guarantee fund package worth 60 billion…
Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months
Economy
January 22, 2022
Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months
Remittances from Egyptians working abroad during the first ten months of 2021 reached about US$26.4 billion, an increase of about…
Analysis: With Omicron, global economy spots chance to push past COVID
World
January 18, 2022
Analysis: With Omicron, global economy spots chance to push past COVID
Jan 18 (Reuters) – Governments worldwide are easing quarantine rules, reviewing coronavirus curbs and dialling back pandemic-era emergency support as…
Lebanese central bank seeks to strengthen currency after slump
Middle East
January 15, 2022
Lebanese central bank seeks to strengthen currency after slump
BEIRUT, Jan 14 (Reuters) – Lebanon’s central bank said on Friday it aimed to boost the Lebanese pound’s valueby easing…
US consumer prices soared 7% in past year, most since 1982
World
January 12, 2022
US consumer prices soared 7% in past year, most since 1982
WASHINGTON (AP) — Prices paid by US consumers jumped seven percent in December from a year earlier, the highest inflation…