economy

IMF: Nearly all Mideast economies hit by pandemic recession
Middle East

IMF: Nearly all Mideast economies hit by pandemic recession

DUBAI, United Arab Emirates (AP) — The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an…
China’s economy accelerates as virus recovery gains strength
World

China’s economy accelerates as virus recovery gains strength

BEIJING (AP) — China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls…
Egypt’s economic performance amid coronavirus surpasses all expectations: Minister
Economy

Egypt’s economic performance amid coronavirus surpasses all expectations: Minister

Egyptian Finance Minister Mohamed Maait announced Saturday, that the Egyptian economy’s financial performance amid the coronavirus pandemic has exceeded all…
Gold prices in Egypt down by LE2, 21-karat gold at LE827
Business

Gold prices in Egypt down by LE2, 21-karat gold at LE827

Gold prices declined in Saturday’s early trade in the Egypt market, following a fall in global prices. The price of…
70 French companies explore investment opportunities in Egypt
Business

70 French companies explore investment opportunities in Egypt

Egypt’s Minister of Planning and Economic Development Hala al-Saeed held an expanded video conference seminar with representatives from 70 French…
Egypt to launch first locally assembled electric car in 2021 at LE350,000
Egypt

Egypt to launch first locally assembled electric car in 2021 at LE350,000

The production of Egypt’s first locally assembled electric car, priced at LE350,000 (US$22,295), is slated to begin by the end…
German-EU envoy tours Assiut’s new solid waste management unit
Egypt

German-EU envoy tours Assiut’s new solid waste management unit

Germany’s Ambassador to Egypt, Cyrill Nunn, and the European Union’s Ambassador to Egypt, Christian Berger, visited on Wednesday Assiut’s solid waste…
Egypt’s Hurghada, Sharm el-Sheikh rank among top Middle East tourist destinations
Travel

Egypt’s Hurghada, Sharm el-Sheikh rank among top Middle East tourist destinations

Online travel company Trip Advisor named Egypt’s Red Sea cities of Hurghada and Sharm el-Sheikh among the top 10 regional…
Coronavirus lockdown 2.0 deepens divisions in Israel
Middle East

Coronavirus lockdown 2.0 deepens divisions in Israel

JERUSALEM (AP) — When Israel went into lockdown last spring, Jerusalem pub owner Leon Shvartz moved quickly to save his…
Pandemic adds to war in keeping Libyan children out of school
Middle East

Pandemic adds to war in keeping Libyan children out of school

MISRATA, Libya (Reuters) – Their young lives already disrupted by war, Libyan schoolchildren face even bigger obstacles to their education…
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