economy
Bloomberg: Egypt ranks second in 21 emerging economies worldwide
Business
June 17, 2019
Bloomberg: Egypt ranks second in 21 emerging economies worldwide
Bloomberg has listed Egypt’s economy as amongst the most flexible emerging economies in the face of threats of the global…
China inflation hits highest level in 15 months
World
June 12, 2019
China inflation hits highest level in 15 months
Inflation in China rose to its highest level in more than a year in May driven by surges in pork…
Iran warns over ‘economic war’ waged through US sanctions
Middle East
June 11, 2019
Iran warns over ‘economic war’ waged through US sanctions
Iran’s foreign minister warned Monday of the consequences of waging “economic war” against the Islamic republic through US sanctions, saying…
US dollar rates decline against Egyptian pound
Business
June 10, 2019
US dollar rates decline against Egyptian pound
US dollar exchange rates have declined against the Egyptian pound on Monday morning compared to Sunday’s prices, at an average…
G20 says worsening trade wars pose risk to world economy
World
June 9, 2019
G20 says worsening trade wars pose risk to world economy
The world’s top financial policymakers admitted Sunday that trade tensions had worsened, posing a risk for the global economy, after…
Iran urges Europe to normalize economic ties with it or face consequences
Middle East
June 9, 2019
Iran urges Europe to normalize economic ties with it or face consequences
LONDON (Reuters) – Iran said on Sunday that Europe was not in a position to criticize Tehran for its military…
Japan’s economy shows better-than-expected growth
World
May 20, 2019
Japan’s economy shows better-than-expected growth
Japanese GDP expanded a better-than-expected 0.5 percent in the first quarter of this year, official data showed Monday, although analysts…
US dollar exchange rate continues decline in Egypt
Economy
May 13, 2019
US dollar exchange rate continues decline in Egypt
US dollar prices declined against the Egyptian pound by an average of four piasters in several banks on Monday. The…
Egypt’s foreign currency reserves increase to US$44.218 bn: CBE
Business
May 6, 2019
Egypt’s foreign currency reserves increase to US$44.218 bn: CBE
The Central Bank of Egypt (CBE) announced that the country’s foreign currency reserves increased to US$44.218 billion at the end…
MB leader sentenced to life in prison for ‘harming economy’
Egypt
April 30, 2019
MB leader sentenced to life in prison for ‘harming economy’
On Tuesday, the Cairo Criminal Court sentenced the leader of the Muslim Brotherhood, Hassan Malik, and six others to life…