economy
Enpact, TUI Care Foundation launch tourism recovery initiative in Egypt
Egypt
June 17, 2021
Enpact, TUI Care Foundation launch tourism recovery initiative in Egypt
The German non-profit organization enpact and the TUI Care Foundation have launched the Tourism Recovery Programme in Egypt, which aims…
Lebanon currency drops to new low as financial meltdown deepens
Middle East
June 13, 2021
Lebanon currency drops to new low as financial meltdown deepens
Lebanon’s currency crashed past a milestone on Sunday reaching a new low against the dollar, as the country’s financial meltdown…
Another jump in prices tightens the squeeze on US consumers
World
June 10, 2021
Another jump in prices tightens the squeeze on US consumers
WASHINGTON (AP) — American consumers absorbed another surge in prices in May — a 0.6% increase over April and five…
Protesters again demonstrate in quiet Oman over poor economy
Middle East
May 25, 2021
Protesters again demonstrate in quiet Oman over poor economy
DUBAI, United Arab Emirates (AP) — Dozens of protesters angry over firings and the poor economy of Oman marched through…
Following fuel hike, Uber and Careem increase fares in Egypt
Egypt
May 11, 2021
Following fuel hike, Uber and Careem increase fares in Egypt
Ride-sharing companies Uber and Careem announced an increase trip rates starting Tuesday, in response to the Egyptian cabinet’s decision to…
Egypt’s foreign reserves increase to US$40.3 billion at end of April
Business
May 6, 2021
Egypt’s foreign reserves increase to US$40.3 billion at end of April
The Central Bank of Egypt (CBE) said on Thursday that the country’s net foreign reserves increased to US$40.3 billion at…
Some immigrants, hard hit by economic fallout, lose homes
World
May 4, 2021
Some immigrants, hard hit by economic fallout, lose homes
NEW YORK (AP) — Sotero Cirilo sleeps in a small blue tent under a train track bridge in Elmhurst, Queens.…
Is it over yet? Still no recession end date as US economy hums along
World
May 4, 2021
Is it over yet? Still no recession end date as US economy hums along
The US economy is growing at its fastest rate since the early 1980s while household bank accounts are bulging with…
Hermes: Resumption of all Egypt-Russia flights will return US$3.5 billion in tourism revenue to Egypt
Business
April 27, 2021
Hermes: Resumption of all Egypt-Russia flights will return US$3.5 billion in tourism revenue to Egypt
Mohamed Abu-Basha, deputy head of the research sector at EFG Hermes, praised the decision to resume flights between Egypt and…
US marks slowest population growth since the Depression
World
April 27, 2021
US marks slowest population growth since the Depression
WASHINGTON (AP) — US population growth has slowed to the lowest rate since the Great Depression, the Census Bureau said…