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Business
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Economy
12/23/2023 6:43:27 PM
Global central banks’ reserves of US dollars declined to 59.2 percent during the third quarter of 2023 from 59.4 percent the previous quarter, the lowest figure since Q4 of 2022, according to the latest data released by the International Monetary Fund (IMF).
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Business
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Economy
12/21/2023 9:11:41 PM
The current disruption of the movement of shipping vessels through the Suez Canal -- due to the conflict in the Bab al-Mandab Strait -- poses a threat to the canal’s revenues and to global trade.
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AFCON 2023
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News
12/21/2023 12:39:26 PM
Egypt's national football team, currently out of action, have managed to maintain their position at number 33 in the latest, nearly unchanged FIFA global football rankings, which were published on Thursday 21 December.
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War on Gaza
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War on Gaza
12/19/2023 8:04:52 PM
A multinational naval task force to protect a key global shipping lane from Yemen's Houthi rebels would face severe challenges in a difficult strategic and military context, experts say.
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Business
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Tech
12/19/2023 6:54:08 PM
Global digital payment company Visa entered into a strategic collaboration agreement with global technology company TECH5 in a bid to enhance digital government ecosystems on a global scale, according to a statement by Visa on Tuesday.
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Al-Ahram Weekly
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Economy
12/19/2023 5:56:11 PM
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Business
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Markets & Companies
12/19/2023 5:06:49 PM
Global e-payment giant Mastercard has partnered with Egyptian Masria Digital Payments company (MDP) to launch a carbon calculator in Egypt, enabling customers to understand the environmental impact of their purchases, according to a statement on Tuesday.
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Business
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Economy
12/19/2023 4:56:20 PM
Global gold mining company Centamin has raised its estimates of gold reserves in Egypt's largest producing mine by 10 percent from 5.3 million to 5.8 million ounces. according to the company’s annual update on Tuesday.
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Business
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Markets & Companies
12/19/2023 2:00:28 PM
Global hydrogen products company OCI, 43.54 percent owned by members of the Egyptian Sawiris family, has sold its stake in the US-based major company Iowa Fertilizer for $3.6 billion to a subsidiary of the Koch Industries, according to a press release on Monday.
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Business
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Tech
12/18/2023 4:17:13 PM
Egypt has climbed six places in global rankings for fixed broadband internet speeds, sitting at 77th place, with a speed of 64.53 megabytes per second as of November compared to a month prior, according to the Speedtest Global Index for internet performance metrics.
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War on Gaza
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War on Gaza
12/16/2023 9:22:33 PM
Two more major shipping firms, Mediterranean Shipping Company (MSC) and CMA CGM, said on Saturday they were suspending passage through a Red Sea strait vital for global trade, after Yemeni rebel attacks in the area.
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Business
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Economy
12/14/2023 7:49:52 PM
The annual conference organized by the International Air Transport Association (IATA) in Geneva, Switzerland, addressed the "Performance of the Global Aviation Sector in 2023," confirming the sector's resilience.
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Business
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Economy
12/14/2023 2:05:05 PM
Global trade is projected to decline by 4.5 percent year-on-year (YoY), or $1.5 trillion, by the end of 2023, to reach $31 trillion, according to the United Nations Conference on Trade and Development (UNCTAD).
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Business
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Economy
12/13/2023 10:45:45 PM
Developing countries spent a record $443 billion to service external debt in 2022 as global borrowing costs surged, straining budgets and raising the risk of debt crises, according to the World Bank’s latest International Debt Report.
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War on Gaza
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War on Gaza
12/13/2023 12:20:00 AM
The U.N. General Assembly voted overwhelmingly on Tuesday to demand a humanitarian cease-fire in Gaza in a strong demonstration of global support for ending the Israeli war on Gaza. The vote also shows the growing isolation of the United States and Israel.
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Business
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Energy
12/12/2023 10:02:23 PM
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda emphasized on Tuesday his keen focus on global climate action.
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Al-Ahram Weekly
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Opinion
12/12/2023 7:48:47 PM
The high volatility of exchange rates and the probability that inflation rates remain high make it crucial to activate inflation-targeting frameworks in the developed and developing countries alike, writes Mahmoud Mohieldin
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Al-Ahram Weekly
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Opinion
12/12/2023 7:45:28 PM
A consensus appears to be emerging around a few ideas to solve the global economy’s problems, but there are still many obstacles on the way, writes José Antonio Ocampo
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Al-Ahram Weekly
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Focus
12/12/2023 7:21:07 PM
Omnia Haridy explores prospects for the growth of renewable energy in Egypt amid rising global challenges
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Al-Ahram Weekly
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Opinion
12/12/2023 5:48:46 PM
Could the Middle East soon become the Middle West and challenge US global dominance?
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