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Business
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Economy
4/1/2024 11:28:03 AM
Asian markets were mixed while gold hit a record high Monday after data showed a slight uptick in US inflation that Federal Reserve boss Jerome Powell said was "in line with expectations".
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Life & Style
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Health
3/29/2024 7:17:13 PM
The Danish economy grew 1.9 percent last year but would have flatlined without its pharmaceutical industry and the huge success of weight-loss drug maker Novo Nordisk, official data showed.
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Business
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Economy
3/11/2024 10:53:23 AM
Stock markets mostly fell Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this week.
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War on Gaza
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War on Gaza
3/4/2024 7:11:09 PM
Three Red Sea underwater cables providing internet and telecommunications around the world have been cut as the waterway remains a target of Yemen’s Houthi rebels, officials said Monday.
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Business
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Tech
2/24/2024 4:28:35 PM
The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the company that built it said Friday as it worked to download data and images from the uncrewed robot.
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Business
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Economy
1/29/2024 9:56:49 PM
Egypt’s food exports increased by 14 percent (about $602 million), reaching all-time high of $5.1 billion in 2023, up from $4.5 billion in a year prior, according to data released by the Food Expert Council (FEC) on Monday.
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Business
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Economy
1/26/2024 5:45:08 PM
The price of luxury Islamic pilgrimage (Hajj) programmes soared by 45 percent to up to EGP 450,000, while the land pilgrimage prices surged by 73 percent to up to EGP 255,000, according to data released by the Ministry of Tourism and Antiquities.
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Business
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Economy
1/23/2024 3:28:40 PM
Egypt’s tax revenue jumped 38.7 percent year-on-year (YoY) to record EGP 516.1 billion between July and November 2023, according to data released by the Ministry of Finance.
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Business
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Economy
1/23/2024 3:01:57 PM
Egypt’s budget deficit rose to 5.51 percent of GDP between July and November 2024 from 3.37 percent during the same period last year, according to data released by the Ministry of Finance.
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Business
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Economy
1/15/2024 7:43:32 PM
Egypt’s real GDP growth rate slowed to 2.65 percent in the first quarter of the fiscal year 2023/2024 from 4.4 percent in the same quarter of FY2022/2023 (July-September), according to data released by the Ministry of Planning and Economic Development on Monday.
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Business
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Economy
1/14/2024 8:17:07 PM
Egypt’s short-term external debt reached an all-time high at around $30.27 billion in the first quarter of the fiscal year (FY)2023/2024 – July/September – up from $28.15 billion in the previous quarter, according to data released on Sunday by the Central Bank of Egypt (CBE).
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Sports
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Africa
1/12/2024 1:02:59 PM
FIFA published a new database Thursday of clubs serving bans on registering new players that included some top African teams, six in Saudi Arabia and five in the top league of Argentina.
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Business
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Economy
1/11/2024 7:57:56 PM
Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, with President Joe Biden conceding he must do more to tackle high prices.
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Business
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Economy
1/10/2024 7:59:38 PM
Egypt's annual core inflation rate decelerated by 1.7 percent in December to 34.2 percent, down from 35.9 percent in November, according to the data released by the Central Bank of Egypt (CBE) on Wednesday.
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Business
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Economy
1/7/2024 7:37:30 PM
Egypt’s non-oil trade deficit dropped 26.29 percent year-on-year (YoY) to $6.63 billion in the third quarter of 2023 from $8.99 billion in the same quarter a year earlier, according to data released by the Central Bank of Egypt (CBE).
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Business
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Economy
1/7/2024 6:52:01 PM
Egypt’s Suez Canal revenues jumped by around 19.4 percent to $2.4 billion in the third quarter of 2023 (July-September) compared to $2 billion in the corresponding quarter in 2022, according to data released by the Central Bank of Egypt (CBE).
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Business
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Economy
1/6/2024 7:05:33 PM
Egypt’s current account deficit decreased by 12.1 percent to $2.8 billion during the period between July and September 2023, compared to $3.2 billion a year prior, according to the data released by the Central Bank of Egypt (CBE) on Thursday.
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Business
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Economy
1/4/2024 7:27:20 PM
Egypt’s Net International Reserves increased by $47 million to record $35.22 billion in December, its highest level since May 2022, according to data released by the Central Bank of Egypt on Thursday.
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Business
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Economy
1/4/2024 2:25:20 PM
Egypt’s non-oil private sector showed slower expansion at the end of last year as demand weakened further amid currency depreciation and high inflation, according to data released by the American credit rating agency Standard and Poor's (S&P) on Thursday.
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Business
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Economy
1/3/2024 8:52:21 PM
Remittances from Egyptians working abroad dropped 29.22 percent to $4.52 billion in the first quarter of the fiscal year 2023/2024 (July-September) from $6.39 billion in the same period a year earlier, according to data released by the Ministry of Planning.
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