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World - Region
8/12/2022 3:12:17 PM
The biggest investment ever in the U.S. to fight climate change. A hard-fought cap on out-of-pocket prescription drug costs for Medicare recipients. A new corporate minimum tax to ensure big businesses pay their share.

War in Ukraine - Economy
8/11/2022 2:16:38 PM
German Chancellor Olaf Scholz pledged his government won't leave citizens freezing or unable to pay their energy bills but acknowledged Thursday that his country faces considerable challenges in the coming months.

Life & Style - Health
8/11/2022 12:03:49 PM
Bioplastics have long been used in medical applications. The stitches you got after cutting your hand slicing onions were likely made of a bioplastic thread that harmlessly dissolved into your body.

War in Ukraine - Economy
8/11/2022 11:22:47 AM
Ukraine's lenders agreed to a pause for the payment of its $20 billion (19.4 billion euro) debt, as its economy has been severely impacted by Russia's invasion, the prime minister said.

Egypt - Foreign Affairs
8/10/2022 2:53:00 PM
Ethiopia has recently announced it would start the third-phase filling of the Grand Ethiopian Renaissance Dam's (GERD) 74-billion-cubic-metre reservoir during the current flood season – which lasts until September – without Egypt and Sudan’ consent, again.

Business - Economy
8/10/2022 2:40:35 PM
The recently-established Saudi Egyptian Investment Company (SEIC), which is owned by Saudi Arabia's Public Investment Fund (PIF), has acquired minority stakes in four Egyptian state-owned companies in a deal worth $1.3 billion, the Sovereign Fund of Egypt (TSFE) announced on Wednesday.

World - International
8/10/2022 1:44:34 PM
After a moment when hopes dimmed that the United States could become an international leader on climate change, legislation that Congress is poised to approve could rejuvenate the country's reputation and bolster its efforts to push other nations to reduce greenhouse gas emissions more quickly.

Business - Economy
8/9/2022 6:54:04 PM
President Joe Biden signed into law Tuesday a multibillion dollar bill boosting domestic semiconductor and other high-tech manufacturing sectors that US leaders fear risk being dominated by rival China.

War in Ukraine - Humanitarian
8/8/2022 8:55:46 PM
The World Bank on Monday announced it was mobilizing another $4.5 billion in US-provided financial support for war-torn Ukraine.

Business - Economy
8/8/2022 5:08:38 PM
Egypt is considering plans to list the assets of its Universal Healthcare Insurance System (UHIS) in the Egyptian Exchange (EGX) to diversify its investment portfolio and increase the yields of invested funds, Minister of Finance and UHIS Chairman Mohamed Maait said on Monday.

Business - Economy
8/7/2022 3:15:57 PM
Egypt’s net international reserves (NIRs) declined by $230 million in July to post $33.1 billion, down from $33.3 billion at the end of June 2022, the Central Bank of Egypt (CBE) said on Sunday.

World - International
8/5/2022 6:38:05 PM
Elon Musk has accused Twitter of fraud, alleging the social media platform misled him about key aspects of its business before he agreed to a $44 billion buyout, as their court battle heats up.

Egypt - Politics
8/3/2022 11:12:30 PM
Egypt’s President Abdel-Fattah El-Sisi ordered on Wednesday allocating an additional EGP 1 billion in government support to the National Alliance for Civil Development Work (NACDW), raising the total funding provided by the state to the alliance to EGP 10 billion.

Sports - World
8/3/2022 11:01:39 AM
Nine years, five permanent managers, $1 billion spent on players and zero Premier League titles.

World - Region
8/3/2022 10:12:39 AM
The United States announced late Tuesday the sale of major missile defense systems to Saudi Arabia and the United Arab Emirates worth more than $5 billion.

Business - Markets & Companies
8/2/2022 12:55:59 PM
Egypt's Financial Regulatory Authority (FRA) said that it is studying a request by the New Urban Communities Authority (NUCA) to issue securitised bonds worth EGP 20 billion.

Business - Economy
8/1/2022 5:52:33 PM
The current negotiations between the Egyptian government and the International Monetary Fund (IMF) over a new loan are now taking a “serious turn,” Fakhri El-Fiqi, head of Egypt's House of Representatives' Budget Committee, said on Sunday evening.

Business - Economy
8/1/2022 3:07:54 PM
Egypt ranked third among Arab countries in terms of foreign direct investment (FDI) inflows in 2021 with $5.4 billion. The sum represents 16.4 percent of total FDI inflows to the region.

Books - News
8/1/2022 12:45:54 PM
At a time of mega-mergers and flashy high-tech corporate hookups, the biggest U.S. book publisher's plan to buy the fourth-largest for a mere $2.2 billion may seem somewhat quaint.

Business - Economy
7/31/2022 5:42:39 PM
Remittances sent by Egyptian expats went up 2.1 percent year on year in the first 11 months of the past 2021/2022 fiscal year, recording $29.1 billion, the Central Bank of Egypt (CBE) announced on Sunday.

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