economy

“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
Business

“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt

A member of the House of Representatives, Abu Abbas Farhat Turki, a submitted a briefing request to the Speaker of…
Will the foreign exchange crisis in Egypt end soon?
Features/Interviews

Will the foreign exchange crisis in Egypt end soon?

Prime Minister Mostafa Madbouly assured Saturday that Egypt’s currency crisis is “transient” and will come to an end soon. In…
Finance min.: Promoting cooperation with India to face economic challenges
Egypt

Finance min.: Promoting cooperation with India to face economic challenges

Finance Minister Mohamed Maait asserted Egypt’s keenness on diversifying financing resources and accessing new capital markets through innovative and more…
Expectations of unprecedented inflation in Egypt
Business

Expectations of unprecedented inflation in Egypt

The head of Egypt’s sovereign wealth fund Ayman Soliman said that Egypt’s inflation, which has accelerated to record levels, has…
Dollar price in Egypt rises to LE48 up from LE42 last week
Business

Dollar price in Egypt rises to LE48 up from LE42 last week

The price of the dollar rose against the Egyptian pound by at least five pounds, exceeding LE47 according to the…
Saudi Arabia’s oil production cuts have tipped its economy into reverse
Middle East

Saudi Arabia’s oil production cuts have tipped its economy into reverse

Abu Dhabi CNN  —  Saudi Arabia’s economy has jolted into reverse, after the world’s largest crude oil exporter slashed output…
Europe’s economy risks a recession after output falls in the third quarter
World

Europe’s economy risks a recession after output falls in the third quarter

London CNN  —  The euro area economy risks falling into recession later this year after official data Tuesday showed that…
The 5 best times to invest in gold
Economy

The 5 best times to invest in gold

When it comes to investing in precious metals, buying gold has long been considered a safe-haven asset. For centuries, it…
6th session of National Dialogue’s economic axis kicks off
Egypt

6th session of National Dialogue’s economic axis kicks off

The sixth session of the National Dialogue’s economic axis kicked off on Tuesday 5 September 2023 at Cairo International Convention…
The UK economy still can’t cope with the consequences of Brexit
World

The UK economy still can’t cope with the consequences of Brexit

London CNN  —  The UK government has delayed health and safety checks on food imports from the European Union for…
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