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Business
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Economy
10/4/2023 3:42:17 PM
International investors are hedging against a high risk of default on Egypt’s debt in the coming period, according to a research note released by international market data platform Refinitiv.
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Business
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Economy
10/3/2023 4:38:13 PM
Egypt's Purchasing Managers Index (PMI) for the non-oil sector declined in September to a four-month record low of 48.7 points, according to the data released by the American credit rating agency Standard and Poor's (S&P) on Tuesday.
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Business
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Economy
10/3/2023 1:31:19 PM
Turkey's annual inflation rate held steady near 60 percent last month, official data showed Tuesday, offering the first evidence that President Recep Tayyip Erdogan's economic policy U-turn was working.
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Business
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Tech
9/15/2023 3:13:05 PM
A European Union regulator fined Chinese-owned social media platform TikTok 345 million euros over child data breaches on Friday.
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Business
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Economy
9/14/2023 10:55:24 AM
Shares were mostly higher in Asia on Thursday after a highly anticipated report showed inflation accelerated across the U.S. in August, but not by much more than expected.
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Business
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Economy
9/11/2023 10:21:24 AM
Stock prices were mostly higher in Asia on Monday as investors awaited U.S. inflation figures and China’s latest economic data.
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Business
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Economy
9/10/2023 10:05:00 PM
Egypt's annual core inflation rate has decreased slightly, recording 40.4 percent in August, down from 40.7 percent in July, according to the data released by the Central Bank of Egypt (CBE) on Sunday.
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Business
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Economy
9/4/2023 10:54:13 AM
Asian stocks rose Monday on hopes the Federal Reserve has come to the end of its interest rate hiking cycle following a positive US jobs report.
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Business
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Economy
8/31/2023 6:29:45 PM
Wall Street stocks edged up early Thursday as investors cheered positive earnings results and kept watch on economic data, including the Federal Reserve's preferred inflation gauge which ticked up in July.
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Business
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Tech
8/29/2023 6:35:45 PM
Google on Tuesday said it was weaving artificial intelligence (AI) deeper into its cloud offerings as it vies for the business of firms keen to capitalize on the technology.
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World
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Region
8/20/2023 8:35:45 PM
An American-owned oil tanker long suspected of carrying sanctioned Iranian crude oil offloaded its cargo near Texas on Sunday, tracking data showed, even as Tehran has threatened to target shipping in the Persian Gulf over it.
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Business
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Economy
8/16/2023 5:37:09 PM
Britain's annual inflation rate dropped sharply in July to a 15-month low, official data revealed Wednesday, off the back of lower energy prices and in line with economists' expectations.
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8/16/2023 4:05:03 PM
‘To accelerate the decarbonization process and build long-term value for everyone, we need a data-centric, AI-enhanced approach to the energy value chain’, says Caspar Herzberg, CEO of AVEVA.
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Business
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Economy
8/15/2023 1:26:40 PM
Asian markets were mixed Tuesday as a US tech rally buoyed sentiment while a batch of disappointing data from China stoked concerns over the state of the world's second-largest economy.
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Business
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Economy
8/11/2023 2:41:05 PM
Stock markets dropped Friday after US and UK data pointed to the possibility of more interest-rate hikes this year from the Federal Reserve and Bank of England.
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Business
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Economy
8/10/2023 5:35:29 PM
Egypt's annual core inflation rate recorded 40.7 percent in July 2023, a slight decrease from 41 percent in June, according to data released by the Central Bank of Egypt (CBE) on Thursday.
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Business
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Economy
8/9/2023 10:35:10 AM
China slipped into deflation for the first time in more than two years in July, official data showed Wednesday, as slowing domestic spending weighs on the post-Covid economic recovery.
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Business
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Markets & Companies
8/8/2023 7:13:19 PM
Wall Street stocks declined early Tuesday, reversing the prior session's gains after weak trade data added to global growth concerns.
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Business
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Economy
8/8/2023 12:16:09 PM
China last month suffered its biggest fall in exports for more than three years, official data showed Tuesday, as the world's second-largest economy is battered by sluggish global demand and a domestic slowdown.
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Business
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Economy
8/6/2023 6:57:49 PM
Egypt's net international reserves increased by $71.7 million during July 2023, according to data released by the Central Bank of Egypt (CBE).
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