|
Business
-
Economy
9/4/2024 9:22:33 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday to decide on interest rates.
|
|
Sports
-
World
9/4/2024 7:49:43 PM
FIFA is preparing a more complicated draw for the European World Cup qualifying groups, giving greater weight to the upcoming UEFA Nations League rather than relying solely on world rankings — but also making most teams wait months to find out their full slate of opponents.
|
|
Business
-
Markets & Companies
9/2/2024 9:40:19 PM
Data showing weak Chinese economic performance hit stock market trading on Monday, offsetting optimism over an expected US interest-rate cut.
|
|
Al-Ahram Weekly
-
Economy
8/29/2024 6:45:00 PM
Doaa A. Moneim reads through the International Monetary Fund’s report on the third review of Egypt’s economic reform programme.
|
|
Sports
-
Talents Abroad
8/29/2024 3:51:34 PM
The Egyptian football sensation and Liverpool’s star forward Mohamed Salah has chosen to stay focused on the present rather than be distracted by ongoing contract discussions.
|
|
Business
-
Markets & Companies
8/27/2024 10:08:13 PM
Stock markets were little changed Tuesday as investors awaited clues on how much interest rates might be cut next month and the latest results from tech heavyweight Nvidia.
|
|
Business
-
Economy
8/27/2024 9:56:34 PM
The International Monetary Fund (IMF) has released its staff report addressing the discussions and the results of the third review of the Extended Fund Facility (EFF) loan programme that was approved for Egypt in December 2022.
|
|
Business
-
Economy
8/27/2024 3:32:50 PM
Egypt’s real GDP growth rate is projected to hit 5.5 percent over the medium term, according to the International Monetary Fund's (IMF) staff report on Monday on the third review of the country’s $8 billion loan programme.
|
|
Business
-
Economy
8/25/2024 8:17:16 PM
Egypt's automotive market is facing mounting pressure from rising prices and dwindling supply. The US dollar's surge against the Egyptian pound, coupled with a shortage of imported vehicles, has fueled the re-emergence of the "over-price" imposed on first-hand vehicles.
|
|
World
-
International
8/24/2024 12:02:05 PM
Former UN weapons inspector Hans Blix told AFP he believes Russian President Vladimir Putin will not risk a catastrophe at Ukraine's Zaporizhzhia nuclear power plant amid mounting international concern over its safety.
|
|
Business
-
Economy
8/23/2024 6:15:00 PM
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.
|
|
Business
-
Markets & Companies
8/21/2024 11:25:27 AM
Asian shares mostly declined Wednesday following a slip on Wall Street that snapped an eight-day winning streak, the longest of the year.
|
|
Business
-
Economy
8/20/2024 2:58:36 PM
The Central Bank of Egypt (CBE) sold EGP 4.162 billion in EGP-denominated treasury bonds (T-bonds) with fixed coupons after accepting 12 bids out of the 73 submitted on Monday, with an annual coupon rate of 25.318 percent and a maturity date of 13 August 2027 for a three-year tenor, according to data from the CBE.
|
|
Business
-
Economy
8/20/2024 12:34:53 PM
Egypt's annual headline inflation rate exhibited a downward trajectory reaching 25.2 percent in July, down from 27.1 percent in June, marking a 1.9 percent decline, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
|
|
World
-
International
8/20/2024 10:57:18 AM
A magnitude 5.3 earthquake shook parts of Pakistan and the Himalayan region of Kashmir early Tuesday, panicking residents. There were no immediate reports of damage, officials said.
|
|
Business
-
Markets & Companies
8/15/2024 6:50:54 PM
The exchange rate between the US Dollar and Egyptian Pound decreased on Thursday below EGP 49/ USD1 for the first time in 10 days, according to the Central Bank of Egypt (CBE)’s official website.
|
|
Egypt
-
Society
8/15/2024 6:20:00 PM
Egypt’s unemployment rate has declined to 6.5 percent in the second quarter (Q2) of 2024, nearly a 0.2 percent decrease compared to Q1, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Thursday.
|
|
Business
-
Economy
8/14/2024 4:31:58 PM
US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates.
|
|
Business
-
Markets & Companies
8/14/2024 3:47:47 PM
Stock markets mostly advanced Wednesday as attention switched to inflation data, notably in the United States, and the outlook for interest-rate cuts.
|
|
World
-
International
8/14/2024 10:11:19 AM
Japanese Prime Minister Fumio Kishida announced Wednesday he will step aside next month, ending a three-year term plagued by low popularity ratings and a spluttering economy.
|