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" Deficit"

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Business - Economy
4/18/2024 6:51:07 PM
The war in Gaza, Red Sea shipping disruptions, and oil production cuts have exacerbated the high debt and the elevating borrowing cost issues in the Middle East and North Africa (MENA) region, including Egypt, the International Monetary Fund said on Thursday.

Business - Economy
4/17/2024 6:45:00 PM
Egypt’s external debt is projected to rise during the current FY2023/2024 due to the depreciation in the exchange rate, Era Dabla-Norris, the Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF), told Ahram Online.

Business - Economy
3/27/2024 6:10:25 PM
Egypt’s cabinet has approved in its meeting on Wednesday the draft budget for the upcoming FY 2024/2025 to send to the House of Representatives by the end of March, the cabinet said in a statement.

Business - Economy
3/12/2024 1:08:27 PM
Merchandise exports rose in January and February by six percent to over $6.1 billion, up from the $5.8 billion recorded in the same months of 2023, Minister of Trade and Industry Ahmed Samir said on Monday.

Sports - World
3/4/2024 7:52:26 PM
Real Sociedad coach Imanol Alguacil admitted Monday he is dreaming of "a magical night" in which his side overturn a 2-0 first-leg deficit and knock Paris Saint-Germain out of the Champions League when they meet in the return of their last-16 tie.

Sports - World
3/4/2024 5:23:53 PM
Bayern Munich coach Thomas Tuchel said his side cannot afford to be patient in Tuesday's Champions League last-16 second leg against Lazio as they attempt to overturn a 1-0 deficit at home.

Sports - Omni sports
2/29/2024 9:59:06 AM
LeBron James staged the biggest fourth-quarter comeback of his two-decade career on Wednesday as the Los Angeles Lakers rallied from a 21-point deficit to defeat the Los Angeles Clippers 116-112.

Business - Economy
2/20/2024 5:45:18 PM
Egypt's commodity exports witnessed substantial growth in January, surpassing $3 billion, a significant rise from the $2.8 billion recorded in January 2023, resulting in a decline in trade deficit, Minister of Trade and Industry Ahmed Samir said on Tuesday.

Sports - World
2/3/2024 7:58:27 PM
Newcastle came back from two goals down in the second half to secure a wild 4-4 draw against relegation-threatened Luton in an end-to-end Premier League game on Saturday, with Harvey Barnes marking his return from a long injury layoff by netting the equalizer.

Business - 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.

Business - 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.

Sports - World
1/22/2024 7:09:39 PM
Mauricio Pochettino issued a rallying cry to the Chelsea support as his side aim to turn around a 1-0 first leg deficit against Middlesbrough to reach the League Cup final on Tuesday.

Business - Economy
1/18/2024 2:17:16 PM
Egypt’s budget deficit recorded 4.95 percent of GDP during the first half (H1) of FY 2023/2024, July-December 2023, said Minister of Finance Mohamed Maait.

Business - Economy
1/9/2024 2:49:59 PM
The Central Bank of Egypt (CBE) auctioned EGP 130 billion treasury bills (T-bills) on Tuesday with four maturities between April 2024 and January 2025.

Business - 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).

Business - 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.

Business - Economy
1/3/2024 2:03:34 PM
The Central Bank of Egypt (CBE) issued on Tuesday $830 million in USD-denominated treasury bills (T-bills) with a one-year maturity, according to the bank’s website.

Business - Economy
1/2/2024 1:28:17 PM
The foreign assets deficit in the Egyptian banking system declined by EGP 5.25 billion to reach EGP 833.96 billion ($26.9 billion) in November 2023, according to data released by the Central Bank of Egypt (CBE).

Sports - Omni sports
12/29/2023 10:48:54 AM
The Boston Celtics rallied from a 21-point deficit to hand the Detroit Pistons a record-equalling 28th straight NBA defeat 128-122 in overtime on Thursday.

Business - Economy
12/24/2023 4:40:16 PM
Egypt’s exports dropped 22 percent year-on-year (YoY) to $30.8 billion during the first nine months of 2023, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday.

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