economy

Egypt’s government is not doing enough to curb inflation: Expert
Business

Egypt’s government is not doing enough to curb inflation: Expert

Economic expert Mostafa Badra said on Monday that the Egyptian government is not doing enough to confront high inflation at…
Inflation in Egypt rises to its highest rate ever
Business

Inflation in Egypt rises to its highest rate ever

The annual consumer price inflation in Egyptian cities rose from 32.7 percent in May to 35.7 percent in June, its…
Foreign exchange reserves increase to US$34.806 billion: Central Bank of Egypt
Economy

Foreign exchange reserves increase to US$34.806 billion: Central Bank of Egypt

The balance of foreign exchange reserves increased to US$ 34.806 billion by the end of June, compared to US$ 34.660…
Beyoncé blamed for keeping inflation high in Sweden. Is Springsteen next?
Culture

Beyoncé blamed for keeping inflation high in Sweden. Is Springsteen next?

London CNN  —  Swedish consumers now have Beyoncé to blame for their bills, bills, bills. The chief economist at Danske…
2022 exceptional year at level of economic challenges: Mashat
Egypt

2022 exceptional year at level of economic challenges: Mashat

Minister of International Cooperation Rania al-Mashat on Monday said the year 2022 had been exceptional at the level of economic…
A conversation with an old friend
Opinion

A conversation with an old friend

His voice came as it had come every time during nearly thirty years of our friendship, and after months of…
US economy on the brink as time runs low to avert debt default
World

US economy on the brink as time runs low to avert debt default

Washington CNN  —  America is heading close to the brink of a self-imposed economic disaster with the Republican-led House refusing…
European Union upgrades outlook for economy as energy prices retreat
World

European Union upgrades outlook for economy as energy prices retreat

London CNN  —  Questions swirl about the strength of China’s recovery from Covid lockdowns, and there’s talk of recession in…
International credit rating institutions put pressure on Egypt: Expert
Business

International credit rating institutions put pressure on Egypt: Expert

Fitch Ratings on Friday lowered Egypt’s rating by one notch from “B+” to “B”, while converting its outlook to “negative”,…
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