economy
EU to announce financial package for Egypt totaling 7.4 billion euros: Report
Business
March 17, 2024
EU to announce financial package for Egypt totaling 7.4 billion euros: Report
The Financial Times reported that a large financial package from the European Union (EU) worth 7.4 billion euros may be…
Sisi: State takes steps to improve, reform economic situation
Egypt
March 16, 2024
Sisi: State takes steps to improve, reform economic situation
President Abdel Fattah al-Sisi said Friday that the State has taken steps to improve, develop and reform definitively the economic…
Tighter control and high-tech push: Key takeaways from China’s biggest annual political event
World
March 12, 2024
Tighter control and high-tech push: Key takeaways from China’s biggest annual political event
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and…
Second tranche of Ras al-Hikma deal expected to be deposited on Friday: Sisi
Economy
February 29, 2024
Second tranche of Ras al-Hikma deal expected to be deposited on Friday: Sisi
Egypt has received the first tranche of funds pledged by the UAE from a total of $35 billion. President Abdel…
‘India has arrived.’ Why Modi’s economy offers a real alternative to China
World
February 26, 2024
‘India has arrived.’ Why Modi’s economy offers a real alternative to China
New Delhi CNN — For the last three decades, Peeyush Mittal has frequently driven the 185 miles from the Indian…
Japan slips into recession allowing Germany to overtake as world’s third largest economy
World
February 15, 2024
Japan slips into recession allowing Germany to overtake as world’s third largest economy
Tokyo CNN — Japan’s economy has contracted unexpectedly because of weak domestic consumption, pushing the country into recession and causing…
Europe’s growth engine is sputtering. Can Germany’s economy be revived?
World
February 10, 2024
Europe’s growth engine is sputtering. Can Germany’s economy be revived?
London CNN — Trains canceled. Flights grounded. Highways blocked by angry farmers. The world’s fourth-largest economy has got off to…
Banking expert explains differences between clean and dirty float
Economy
February 5, 2024
Banking expert explains differences between clean and dirty float
Banking expert Hany Abul-Fotouh explained that the exchange rate policies followed globally involve either linking the country’s currency to another…
Head of Egypt’s gold division reveals expectations for gold prices in the coming period
Business
February 2, 2024
Head of Egypt’s gold division reveals expectations for gold prices in the coming period
The head of the Jewelry and Jewelry Division at the Chambers of Commerce Hani Milad, clarified that circulated rumors regarding…
Moody’s alters outlook for five Egyptian banks to negative
Business
January 25, 2024
Moody’s alters outlook for five Egyptian banks to negative
Global credit rating agency Moody’s Investors Service has altered the outlook for five Egyptian banks, bringing their long-term deposit ratings…