economy
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…
Police use tear gas on third day of protests in Algeria
Middle East
February 25, 2019
Police use tear gas on third day of protests in Algeria
ALGIERS (Reuters) – Algeria’s police fired tear gas to disperse hundreds of demonstrators on a third straight day of rare…
US dollar exchange rate in Egypt continues to decline
Economy
February 17, 2019
US dollar exchange rate in Egypt continues to decline
On Sunday, the US dollar prices saw a drop of 3 piasters compared to the Egyptian pound. In the National…
Central Bank of Egypt reduces deposit, lending rates by 1 percent
Economy
February 17, 2019
Central Bank of Egypt reduces deposit, lending rates by 1 percent
The Central Bank of Egypt (CBE) on Thursday unexpectedly reduced the deposit rate, overnight lending rate, and the rate of main…
Egypt plans to make New Administrative Capital its first cashless city
Egypt
February 16, 2019
Egypt plans to make New Administrative Capital its first cashless city
Egypt’s Minister of Communications and Information Technology Amr Talaat met with MasterCard Vice Chairman and President Michael Froman on Friday…
US team in Beijing for trade talks after IMF ‘storm’ warning
World
February 11, 2019
US team in Beijing for trade talks after IMF ‘storm’ warning
US negotiators met with their Chinese counterparts in Beijing Monday for a new round of high-stakes trade talks, hoping to…
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Economy
February 11, 2019
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Christine Lagarde, managing director of the International Monetary Fund (IMF) praised Egypt’s intense efforts in fighting administrative corruption, during a…
Ebadi urges weakening Iran rulers on revolution anniversary
Middle East
February 8, 2019
Ebadi urges weakening Iran rulers on revolution anniversary
PARIS/LONDON (Reuters) – Iranian Nobel Peace Prize winner Shirin Ebadi said she first had doubts about the 1979 Islamic Revolution…
Pakistan starts behind-scenes aid to US-Taliban talks
Middle East
February 8, 2019
Pakistan starts behind-scenes aid to US-Taliban talks
WASHINGTON/PESHAWAR, Pakistan (Reuters) – Pakistan, long at odds with the United States over the war in Afghanistan, has begun to…