economy
Inflation in Egypt rises to its highest rate ever
Business
July 10, 2023
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
July 8, 2023
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
June 16, 2023
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
June 6, 2023
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
May 31, 2023
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…
Too few jobs, too many workers and ‘no plan B’: The time bomb hidden in India’s ‘economic miracle’
World
May 28, 2023
Too few jobs, too many workers and ‘no plan B’: The time bomb hidden in India’s ‘economic miracle’
New Delhi CNN — Sunil Kumar knows all about working hard to achieve a dream. The 28-year-old from India’s Haryana…
US economy on the brink as time runs low to avert debt default
World
May 22, 2023
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
May 15, 2023
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
May 10, 2023
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”,…
President El-Sisi directs gov. to contain effects of global economic crunch on Egypt’s economy
Egypt
April 20, 2023
President El-Sisi directs gov. to contain effects of global economic crunch on Egypt’s economy
President Abdel Fattah El Sisi met on Wednesday 19/4/2023 with the Economic Ministerial Group, as he discussed the current position…