economy

COVID-19 exposed Kenya’s debt vulnerability though measures helped – IMF
World

COVID-19 exposed Kenya’s debt vulnerability though measures helped – IMF

NAIROBI (Reuters) – COVID-19 has exposed Kenya’s debt vulnerabilities though official measures including monetary policy easing have helped shield the…
Lebanon hires firm to clear dangerous material from shattered Beirut port
Middle East

Lebanon hires firm to clear dangerous material from shattered Beirut port

BEIRUT (Reuters) – Lebanon’s authorities signed a contract this month with a German company to clear dangerous material stored for…
UN: Pandemic tough on millions of Mideast, North African children
Middle East

UN: Pandemic tough on millions of Mideast, North African children

CAIRO (AP) — The global pandemic and ensuing lockdown have taken their toll on the mental and physical well-being of…
Locked-down France inches toward ‘Black Friday’ postponement
World

Locked-down France inches toward ‘Black Friday’ postponement

PARIS (AP) — France’s government was working Friday to get supermarket chains and e-commerce platforms to agree to a week-long…
Egyptian Center for Economic Studies expects tourism will recover in H1 2021
Egypt

Egyptian Center for Economic Studies expects tourism will recover in H1 2021

A report by the Egyptian Center for Economic Studies optimistically predicted a recovery in Egypt’s tourism sector in the first…
Egypt’s local development minister points out ‘silver lining’ in cabinet-mandated commercial business hours
Egypt

Egypt’s local development minister points out ‘silver lining’ in cabinet-mandated commercial business hours

The Egyptian Minister of Local Development, Mahmoud Shaarawy, praised the Cabinet’s decision to set opening and closing hours for retail…
Gold prices take another dive in Egyptian market, 21-karat falls LE5 to LE818
Business

Gold prices take another dive in Egyptian market, 21-karat falls LE5 to LE818

Gold prices dropped agian in Egypt on Tuesday, as the price of 21-karat gold (the market’s highest selling gold) fell…
OPEC+ starts meetings to weigh further steps to support market
Middle East

OPEC+ starts meetings to weigh further steps to support market

LONDON (Reuters) – The Organization of Petroleum Exporting Countries and allies started meetings on Monday that will look at further…
Saudi Aramco hires banks for multi-tranche bond deal
Middle East

Saudi Aramco hires banks for multi-tranche bond deal

DUBAI (Reuters) – Saudi Aramco said on Monday it has hired a group of banks ahead of a multi-tranche US dollar-denominated…
Egypt climbs 55 ranks up Government AI Readiness Index
Technology

Egypt climbs 55 ranks up Government AI Readiness Index

Egypt has progressed 55 ranks on the Government AI Readiness Index since last year, weighing in at number 56 out…
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