economy
US dollar exchange rate continues to decline in Egypt
Business
March 20, 2019
US dollar exchange rate continues to decline in Egypt
The US dollar exchange rate continued its decline against the Egyptian pound on Wednesday morning for the third day in…
Hamas cracks down on Gaza protests over cost of living
Middle East
March 15, 2019
Hamas cracks down on Gaza protests over cost of living
GAZA CITY, Gaza Strip (AP) — Hamas forces in the Gaza Strip on Thursday forcibly dispersed hundreds of Palestinians protesting…
Brexit deal legal advice sends pound tumbling
World
March 12, 2019
Brexit deal legal advice sends pound tumbling
The pound tumbled Tuesday after the UK government’s top legal advisor cast doubt on Prime Minister Theresa May’s last-gasp changes…
Egypt’s urban inflation jumps to 14.4 pct in Feb
Economy
March 11, 2019
Egypt’s urban inflation jumps to 14.4 pct in Feb
CAIRO, March 10 (Reuters) – Egypt’s annual urban consumer price inflation increased to 14.4 percent in February from 12.7 percent…
Blackout darkens much of Venezuela in latest taste of economic woes
World
March 9, 2019
Blackout darkens much of Venezuela in latest taste of economic woes
Most of Venezuela plunged into darkness on Thursday evening as a blackout served up more misery for people enduring an…
Ghost workers sap Tunisia’s phosphate wealth
Middle East
March 7, 2019
Ghost workers sap Tunisia’s phosphate wealth
METLAOUI, Tunisia – Tunisia’s state phosphate firm CPG pays Abdel-Basset Klifhi a salary of $280 a month, even though he…
OECD cuts global growth forecast over trade, Brexit uncertainty
Economy
March 6, 2019
OECD cuts global growth forecast over trade, Brexit uncertainty
Trade tensions and political uncertainty including Brexit are weighing on the world’s economy, the OECD warned Wednesday as it again…
China cuts taxes, sees ‘tough struggle’ as growth slows
World
March 5, 2019
China cuts taxes, sees ‘tough struggle’ as growth slows
China’s premier warned Tuesday that the country faces a “tough struggle” as he unveiled tax cuts to prop up a…
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Business
March 3, 2019
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Prime Minister Mostafa Madbouly on Thursday issued the basic regulation of Egypt’s Sovereign Wealth Fund (SWF), which the government founded…
India economy seen losing momentum ahead of election
World
February 27, 2019
India economy seen losing momentum ahead of election
NEW DELHI (Reuters) – India’s economy appeared to be losing momentum in the approach to a general election that must…