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Business - Economy
7/10/2022 5:33:24 PM
Egyptian Minister of Finance Mohamed Maait said on Sunday that EGP 356 billion of the fiscal year (FY) 2022/23 budget has been allocated for social protection and subsidization, while another EGP 400 billion will go for improving conditions of public employees including wages and compensations.

Business - Tech
7/9/2022 12:24:27 PM
Elon Musk announced late on Friday that he will abandon his tumultuous $44 billion offer to buy Twitter after the company failed to provide enough information about the number of fake accounts. Twitter immediately fired back, saying it would sue the Tesla CEO to uphold the deal.

Egypt - Courts & Law
7/6/2022 8:23:02 PM
Egypt’s Prosecutor General announced on Wednesday that he ordered an investigation into a complaint by former PM Ibrahim Mahlab against a man who claimed that the former premier was arrested after transferring billions of Egyptian pounds abroad.

World - International
7/6/2022 7:32:08 PM
World hunger rose in 2021, with around 2.3 billion people facing moderate or severe difficulty obtaining enough to eat -- and that was before the Ukraine war, which has sparked increases in the cost of grain, fertilizer and energy, according to a U.N. report released Wednesday.

Al-Ahram Weekly - Opinion
7/5/2022 5:12:15 PM
Despite Disney’s much-vaunted claims of inclusivity, it does not seem to realise that audience values differ around the world, writes Azza Radwan Sedky

War in Ukraine - Military
7/5/2022 10:14:05 AM
Allies of Ukraine meeting in Switzerland were due Tuesday to adopt a declaration spelling out the principles and priorities of rebuilding the war-shattered country, estimated to cost at least $750 billion.

World - Region
7/4/2022 9:52:03 PM
Saudi Arabia announced Monday it was disbursing billions of dollars directly to citizens to ease the effects of inflation amid growing online expressions of frustration over rising prices.

Egypt - Urban & Transport
7/4/2022 6:14:00 PM
The Suez Canal recorded its highest ever annual revenues in FY2021/22, recording $7 billion, up from$ 5.8 billion in the previous FY, according to a statement by Suez Canal Authority (SCA) Chairperson Osama Rabie on Monday.

War in Ukraine - Economy
7/4/2022 5:51:09 PM
Ukrainian President Volodymyr Zelenskyy said Monday the reconstruction of his war-battered country is the ``common task of the entire democratic world,`` as his prime minister laid out a $750 billion recovery plan once the guns of Russia's invaders fall silent one day.

World - International
7/2/2022 8:31:14 PM
Tesla CEO Elon Musk, whose $44 billion bid to buy Twitter remains in limbo, used the social media platform to announce he had met with Pope Francis.

War in Ukraine - Humanitarian
7/1/2022 7:02:26 PM
Norway announced almost a billion euros of aid to Ukraine, over two years, as Norwegian Prime Minister Jonas Gahr Store visited the country on Friday.

Business - Economy
6/30/2022 10:27:33 PM
Bahrain’s Finance and National Economy Minister Sheikh Salman bin Khalifa Al-Khalifa said on Thursday that the economic efforts taking place between Egypt and Bahrain aim to boost the volume of trade exchange between Bahrain and Egypt to $1 billion in 2023.

World - Region
6/28/2022 9:27:29 AM
The Israeli parliament unanimously approved early Tuesday a draft bill to dissolve parliament, a key legislative step that pushes the country closer toward its fifth election in less than four years.

Egypt - Society
6/26/2022 5:40:15 PM
The National Programme for Community, Human, and Local Development, Mashrouak (“Your Project”) contributed to establishing 20,000 projects across the country, with loans amounting to about EGP 3.6 billion during the fiscal year 2021/2022, Minister of Local Development Mahmoud Shaarawy stated on Sunday.

World - International
6/25/2022 12:21:54 PM
Rising food costs. Soaring fuel bills. Wages that are not keeping pace. Inflation is plundering people's wallets, sparking a wave of protests and workers' strikes around the world.

World - Region
6/23/2022 8:54:37 PM
Lebanon's lawmakers designated incumbent Prime Minister Najib Mikati to form a new government Thursday, more than a month after parliamentary elections that yielded no clear majority.

Business - Markets & Companies
6/23/2022 5:16:22 PM
The UAE-based Majid Al Futtaim inaugurated on Thursday its Global Solutions Centre, headquartered in Egypt, with investments worth EGP 1 billion. The centre employs 550 individuals.

Sports - Omni sports
6/22/2022 10:06:45 AM
The final price tag for last year's Tokyo Olympics was more than double the city's original 2013 estimate after a one-year coronavirus postponement added to the already hefty bill.

Egypt - Politics
6/21/2022 10:20:01 PM
A report prepared by the Egyptian parliament's Budget Committee showed that the state's new FY 2022/23 budget will increase allocations to the country's 596-member parliament – the House of Representatives — to EGP 1.572 billion, up from EGP 1.471 billion in FY 2021/22.

Business - Tech
6/21/2022 5:50:27 PM
Twitter's board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory filing Tuesday.

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