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Business
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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).
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Business
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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.
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Business
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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.
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Business
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Markets & Companies
8/13/2024 5:52:14 PM
Wall Street stocks advanced Tuesday as US producer inflation came in cooler than anticipated but signaled price increases are still easing gradually as hoped, putting the central bank on track for rate cuts.
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Business
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Markets & Companies
8/12/2024 7:01:10 PM
Global stock markets mostly rose Monday as investors tried to move on from upheaval fuelled by US recession worries, with focus shifting to the week's release of American inflation figures and other key data.
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Advertising
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Sponsored
8/11/2024 6:22:22 PM
Exness, one of the largest brokers in the world, has launched a new brand campaign, marking a shift in how it connects with traders, recognizing that trading is fueled by more than just data and product features.
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Business
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Markets & Companies
8/6/2024 2:59:31 PM
The Egyptian Credit Bureau (Iscore) has introduced its new “Market Analytical Data” platform, designed to help banks evaluate, monitor, and analyze the performance of their loan portfolios in comparison to the banking sector and competitors over 12 months, according to the company's announcement.
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Business
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Economy
8/2/2024 5:43:14 PM
The US jobs market cooled much more than expected in July with the unemployment rate reaching the highest since late 2021, government data showed Friday, paving the way towards post-pandemic interest rate cuts.
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World
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International
7/24/2024 7:27:21 PM
Japan’s total population marked the 15th straight year of decline, according to government data released Wednesday, dropping by more than a half-million people as the population ages and births remain low.
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World
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International
7/23/2024 8:13:50 PM
July 21 was the hottest day ever registered globally, according to preliminary data published on Tuesday by the EU's climate monitor.
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Business
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Energy
7/21/2024 6:26:04 PM
Egypt's natural gas production fell to its lowest level since February 2018, according to data from the Joint Organizations Data Initiative (JODI).
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Business
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Tech
7/20/2024 9:02:38 PM
Nigeria is fining Facebook and WhatsApp parent company Meta $220 million for "multiple and repeated" data violations.
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Business
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Markets & Companies
7/17/2024 3:08:52 PM
Europe's stock markets slid Wednesday as stronger-than-expected UK inflation data doused hopes of a British interest rate cut any time soon.
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Business
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Economy
7/17/2024 1:51:30 PM
Britain's inflation rate held steady in June after returning to the Bank of England's target the previous month, official data showed Wednesday, confounding expectations for another modest slowdown.
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Business
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Economy
7/17/2024 11:15:31 AM
Egypt is set to launch a digital platform titled “Egypt’s Mining Portal” by the end of 2024 to serve as a primary catalyst for mining investment and to reach data easily, Minister of Petroleum and Mineral Resources Karim Badawi stated on Tuesday.
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Business
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Economy
7/16/2024 3:46:59 PM
Egypt's trade deficit narrowed 2.5 percent year-on-year to around $2.7 billion in April as exports recorded a slight increase, according to data released Tuesday by the country’s official statistics agency.
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Business
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Economy
7/15/2024 12:01:01 PM
Equity markets were mixed Monday as investors weigh the impact of the assassination attempt on Donald Trump with data suggesting it has boosted his chances of being re-elected president.
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Business
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Tech
7/4/2024 10:42:55 PM
Spanish prosecutors said Thursday that they were investigating Facebook owner Meta over suspicions it breached data-protection laws by using users' data to train its AI programme.
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Business
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Economy
7/1/2024 5:43:30 PM
Egypt's external debt declined 4.4 percent (around $7.4 billion) reaching approximately $160.6 billion in the first quarter of 2024, according to data from the Central Bank of Egypt (CBE) in March.
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Business
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Economy
6/12/2024 6:11:56 PM
Stock markets surged Wednesday after data showed US inflation slowed in May, raising hopes the Federal Reserve will cut interest rates later this year.
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