economy

Egypt seeks to increase telecom sector’s GDP contribution to 8%, Minister
Economy

Egypt seeks to increase telecom sector’s GDP contribution to 8%, Minister

Egypt’s Minister of Communications and Information Technology Amr Talaat announced on Sunday that his ministry is looking to bring the…
Analysis: How Wall Street gains from ‘populist’ trading movement
World

Analysis: How Wall Street gains from ‘populist’ trading movement

(Reuters) – Steep gains in shares of GameStop Corp and other stocks this week have been described as populist market…
National Bank of Egypt’s exchange rate for foreign currencies on Wednesday
Business

National Bank of Egypt’s exchange rate for foreign currencies on Wednesday

Al-Masry Al-Youm has published Wednesday’s exchange rate for foreign currencies such as the US dollar and others at the National…
Gold prices predicted to rise again as pandemic rolls on
Business

Gold prices predicted to rise again as pandemic rolls on

The CEO of Kuwait Bullion Group Rajab Hamed said on Monday that there are many reasons that may push the…
Analysis: Foreigners suspend disbelief, edge back into Turkish markets
Middle East

Analysis: Foreigners suspend disbelief, edge back into Turkish markets

ANKARA/NEW YORK (Reuters) – Foreign investors who for years saw Turkey as a lost cause of economic mismanagement are edging…
Syria floats new bank note amid soaring inflation
Middle East

Syria floats new bank note amid soaring inflation

DAMASCUS, Syria (AP) — A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the…
Egypt’s foreign currency reserves up to US$40.0625 billion in December
Business

Egypt’s foreign currency reserves up to US$40.0625 billion in December

The Central Bank of Egypt’s (CBE) net international foreign currency reserves bumped up slightly by the end of last December,…
Biden unveils $1.9T plan to stem COVID-19 and steady economy
World

Biden unveils $1.9T plan to stem COVID-19 and steady economy

WILMINGTON, Del. (AP) — President-elect Joe Biden has unveiled a $1.9 trillion coronavirus plan to end “a crisis of deep…
Gold prices decline in Egyptian market by LE3 on Thursday
Egypt

Gold prices decline in Egyptian market by LE3 on Thursday

Gold prices declined in Egypt on Thursday, with the price of 21-karat (the market’s highest selling gold) falling by LE3…
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