economy
Turkey’s Erdogan fails to get double-digit inflation under control
Middle East
January 31, 2021
Turkey’s Erdogan fails to get double-digit inflation under control
Turkey’s economic woes are nothing new. The country’s official currency, the lira, has been on a downward slide for the past two…
Japan mulls four-day working week amid COVID pandemic
World
January 31, 2021
Japan mulls four-day working week amid COVID pandemic
Japanese employees are famous for putting in agonizingly long hours at their desks and declining to take all their annual…
Egypt seeks to increase telecom sector’s GDP contribution to 8%, Minister
Economy
January 31, 2021
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…
In the wake of Egypt’s second wave of coronavirus, Sisi orders continuation of bank initiatives, discusses future of education
Egypt
January 31, 2021
In the wake of Egypt’s second wave of coronavirus, Sisi orders continuation of bank initiatives, discusses future of education
Egyptian President Abdel Fattah Al-Sisi met with bank and education officials in two separate meetings on Saturday, in which he…
Analysis: How Wall Street gains from ‘populist’ trading movement
World
January 29, 2021
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
January 27, 2021
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
January 26, 2021
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
January 25, 2021
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
January 25, 2021
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
January 17, 2021
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,…