economy

Egypt’s central bank unexpectedly cut its main overnight interest rates by 50 basis points on Thursday, saying exceptionally low inflation…

BEIRUT (AP) — Facing an economic meltdown and other crises, Lebanon’s president on Wednesday asked for the world’s help to…

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high number…

DUBAI (Reuters) – The Iranian rial fell to a record low against the US dollar on the unofficial market on…

The Chairman of the New Administrative Capital for Urban Development, Ahmed Zaki Abdeen, confirmed in a statement that the governments…

BEIRUT (Reuters) – Lebanon is grappling with a deep economic crisis after successive governments piled up debt following the 1975-1990…

PARIS (AP) — The global economy is not doing as bad as previously expected, especially in the United States and…

LONDON (Reuters) – Oil slid five percent to below US$40 a barrel on Tuesday, its lowest since June, pressured by…

The Ministry of Planning and Economic Development issued a report discussing the opinions of several international institutions on Egypt’s economic…

(Reuters) – A year ago, Federal Reserve Chair Jerome Powell warned fellow central bankers of the significant risks posed by…