economy
Amidst threats of global recession, World Economic Forum seeks viable solutions for economic crises
World
January 17, 2023
Amidst threats of global recession, World Economic Forum seeks viable solutions for economic crises
The World Economic Forum kicked off Monday in Davos and will last till January 20. Leaders from various governments, companies…
IMF asks Egypt to limit army’s interference in the economy
Business
January 17, 2023
IMF asks Egypt to limit army’s interference in the economy
The International Monetary Fund asked Egypt to reduce the army’s interference in the economy, according to a rescue plan agreed…
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
Main Slider
January 11, 2023
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
The Egyptian pound witnessed a historic low on Wednesday, hitting LE30 versus the US dollar in the money markets. Egypt…
Planning Minister discusses sustainable development plan in its 2nd year
Egypt
January 5, 2023
Planning Minister discusses sustainable development plan in its 2nd year
Minister of Planning and Economic Development Hala El Said met on Wednesday 4/1/2023 with the ministry’s leaders to discuss the…
Here’s what could tip the global economy into recession in 2023
Business
January 1, 2023
Here’s what could tip the global economy into recession in 2023
The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing central banks to hike…
Cabinet discusses decisions taken to reduce impact of 2022 crises
Egypt
December 28, 2022
Cabinet discusses decisions taken to reduce impact of 2022 crises
The Egyptian cabinet discussed and took up all measures and urgent decisions to ease negative repercussions of the world crises…
‘Life or death.’ As Britons buckle under the cost of living crisis, many resort to ‘warm banks’ for heat this winter
World
December 25, 2022
‘Life or death.’ As Britons buckle under the cost of living crisis, many resort to ‘warm banks’ for heat this winter
London CNN — In a community center in central London, a young child plays in a makeshift area as her…
UK wages next year will be at their lowest level since 2006, report says
World
December 24, 2022
UK wages next year will be at their lowest level since 2006, report says
London CNN — Brits hoping for a new-year salary bump to offset soaring food and energy costs may be disappointed.…
New flotation of Egyptian pound not possible: MP
Business
December 7, 2022
New flotation of Egyptian pound not possible: MP
The Egyptian pound has already been floated, a measure that will continue for four years, said the Chairman of the…
Degrowth: A dangerous idea or the answer to the world’s biggest crisis?
Environment
November 13, 2022
Degrowth: A dangerous idea or the answer to the world’s biggest crisis?
London CNN Business — Conventional economic logic hinges on a core assumption: Bigger economies are better, and finding ways to…