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Al-Ahram Weekly - Economy
6/10/2022 2:38:00 PM
Egypt’s car market has sustained hard blows over recent months as a result of rising costs and shortages of electronic components.

War in Ukraine - Economy
6/10/2022 1:36:19 PM
Russia's central bank cut its key interest rate on Friday as the country's economy recovers faster than expected following sanctions imposed on Moscow over its military action in Ukraine.

Business - Economy
6/1/2022 12:21:42 PM
The Ministry of Finance raised the customs dollar exchange rate to EGP 18.64 from EGP 17 starting Wednesday's transaction.

War in Ukraine - Economy
5/30/2022 3:38:49 PM
Russia said Monday it may use an arrangement similar to that used for payments for its gas supplies to pay its dollar-denominated foreign debts.

War in Ukraine - Economy
5/25/2022 3:45:32 PM
Russia said Wednesday that it will start paying its foreign debt in rubles after the United States ended an exemption allowing Moscow to make the payments in dollars held in Russia.

Arts & Culture - Film
5/22/2022 1:30:26 PM
You no longer need millions of dollars and a distribution deal to win prizes at the Cannes Film Festival -- just a mobile phone and a bit of ingenuity will do.

World - International
5/19/2022 5:39:09 PM
In Indian-administered Kashmir, shopkeepers are spending hundreds of dollars each to install security cameras mandated by authorities in a move activists say is aimed at creating a surveillance state -- and outsourcing the cost.

World - Region
5/18/2022 9:01:09 PM
A new 10 million US dollars grant will help Lebanon mitigate the environmental and health impacts of the Beirut port explosions on the neighboring population and support Beirut's reconstruction, the United Nations said in a statement on Wednesday.

War in Ukraine - Economy
5/18/2022 4:36:41 PM
The US, several global development banks and other groups unveiled a multi-billion dollar plan Wednesday meant to address a worldwide food security crisis exacerbated by Russia's war in Ukraine.

Al-Ahram Weekly - Economy
5/18/2022 11:28:00 AM
Not all importers will be obliged to sign letters of credit as a result of a new presidential decree.

World - Africa
5/16/2022 11:06:14 PM
The Ethiopian government and the World Bank have signed a financing agreement amounting to 300 million US dollars in support of the reconstruction and recovery of conflict-affected areas of Ethiopia.

Al-Ahram Weekly - Economy
5/13/2022 5:44:00 PM
With the US Federal Reserve raising interest rates again last week, what will a stronger dollar mean for the pound.

Business - Economy
5/9/2022 6:17:11 PM
Gold prices in the Egyptian market saw a fluctuation on Monday amid the uncertainty cast by an expected rise in the US dollar price and inflation caused by the Russian war in Ukraine, as well as rising food and energy prices.

Business - Economy
5/8/2022 10:08:44 PM
After a nine-day holiday due to Eid El-Fitr and Labour Day celebrations, Egypt’s banking sector resumed work on Sunday amid calm as the Egyptian pound remained stable despite the US Federal Reserves' recent decision to raise interest rates.

Business - Economy
4/28/2022 4:40:00 PM
The Central Bank of Egypt (CBE) offered on Thursday one-year maturity US dollar-dominated treasury bills (T-bills) worth $1 billion.

Al-Ahram Weekly - Economy
4/19/2022 9:21:00 PM
The government’s decision to ban imports from unregistered producers is meant to encourage local production and decrease demand for the dollar, experts tell Nahla Abul-Ezz

Al-Ahram Weekly - Economy
4/15/2022 5:45:00 PM
Egypt’s car market is in limbo following decisions leading to the depreciation of the pound and a rise in interest rates.

Al-Ahram Weekly - Egypt
4/6/2022 11:48:00 AM
New deposit certificates offering an 18 per cent interest rate have seen a huge public turnout.

War in Ukraine - Economy
4/5/2022 3:59:10 PM
The United States starting Tuesday will bar Russia from making debt payments using funds held at American banks, ramping up the economic pain on Moscow over its invasion of Ukraine, the US Treasury said.

War in Ukraine - Economy
3/29/2022 1:26:22 PM
Europe's already high gas prices have gyrated since Russian President Vladimir Putin announced plans to have importers pay for Russian natural gas in rubles instead of dollars and euros.

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