economy
Trump threatens to ‘destroy’ Turkey’s economy with sanctions
Middle East
October 15, 2019
Trump threatens to ‘destroy’ Turkey’s economy with sanctions
WASHINGTON (AP) — Targeting Turkey’s economy, President Donald Trump announced sanctions aimed at restraining the Turks’ assault against Kurdish fighters…
Tunisia elects lawmakers to tackle economy, disappointment after uprising
Middle East
October 6, 2019
Tunisia elects lawmakers to tackle economy, disappointment after uprising
TUNIS (Reuters) – Tunisians voted for a new parliament on Sunday but quiet polling stations gave an indication of the…
US dollar maintains stable rates against Egyptian pound
Business
September 28, 2019
US dollar maintains stable rates against Egyptian pound
The US dollar maintained stable rates against the Egyptian pound on Saturday morning, with an average exchange rate of LE16.30.…
China FM tells UN protectionism risks causing global recession
World
September 28, 2019
China FM tells UN protectionism risks causing global recession
China’s foreign minister warned Friday that protectionism could trigger a world recession as he vowed to stand firm in a…
Hong Kong’s summer of protests leaves economy bruised and battered
World
September 18, 2019
Hong Kong’s summer of protests leaves economy bruised and battered
As pro-democracy protests grind on for a fourth month, Hong Kong has been left counting the cost, with the city’s…
Egypt launches new program to stimulate exports: Prime Minister
Economy
September 17, 2019
Egypt launches new program to stimulate exports: Prime Minister
Egyptian Prime Minister Mostafa Madbouly on Monday announced the launching of a new program to stimulate exports, alongside the commencement…
US dollar price in Egypt falls 145 piasters since 2019 start
Business
September 16, 2019
US dollar price in Egypt falls 145 piasters since 2019 start
US dollar prices continued its decrease in Egyptian banks on Monday, amid expectations of continued decline due to the increasing…
Egypt’s inflation rate records 11.5 percent in January-August: CAPMAS
Economy
September 11, 2019
Egypt’s inflation rate records 11.5 percent in January-August: CAPMAS
Egypt’s inflation rate recorded 11.5 percent in January-August 2019, compared to the same period in 2018, while prices of food…
Egypt to issue international bonds and diversify currency to hedge against risks
Business
September 9, 2019
Egypt to issue international bonds and diversify currency to hedge against risks
Egyptian Finance Minister Mohamed Maait announced on Monday that his country intends to issue international bonds worth between US$3-7 billion…
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
Business
September 4, 2019
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
CAIRO, Sept 3 (Reuters) – Egypt is targeting a budget deficit of 7.2 percent this fiscal year, the finance minister…