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World
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Africa
6/29/2024 11:28:59 AM
At least 30 people died in protests in Kenya this week sparked by a government drive to substantially raise taxes in the East African country, Human Rights Watch said Saturday.
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World
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Africa
6/27/2024 11:00:59 AM
Kenyan demonstrators prepared to resume protests Thursday, a day after President William Ruto made a dramatic U-turn and withdrew contentious tax hikes following deadly rallies earlier in the week.
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Business
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Economy
6/24/2024 11:42:38 AM
The World Bank (WB) has announced $700 million in Development Policy Financing (DPF) for Egypt to support the country’s shift towards more private sector participation, better macroeconomic and fiscal resilience, and a greener growth trajectory, the WB said in a statement on Monday.
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Sports
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Egyptian Football
6/23/2024 9:20:49 PM
Congolese striker Fiston Mayele scored twice while winger Ibrahim Adel added the third as Pyramids FC came from behind to earn a deserved 3-1 win over Arab Contractors at Air defense stadium on Sunday.
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World
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Africa
6/22/2024 1:48:03 PM
Campaigning opened Saturday for Rwanda's July 15 presidential election with President Paul Kagame widely expected to extend his 24-year iron-fisted rule over the Great Lakes nation.
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Egypt
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Urban & Transport
6/14/2024 8:09:30 PM
Egypt’s Ministry of Local Development revealed on Thursday that it has allocated EGP 98 million to supply 3 million trees countrywide during the 2023/2024 fiscal year.
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Business
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Economy
6/4/2024 10:46:38 PM
Egypt’s House of Representatives has approved the budget plan for the upcoming fiscal year (FY) 2024/2025 with a value exceeding EGP 3 trillion, the Ministry of Finance announced Tuesday.
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Al-Ahram Weekly
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Economy
5/28/2024 10:38:22 PM
The socioeconomic development plan for the coming fiscal year is approved by the Senate, reports Gamal Essam El-Din
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War on Gaza
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War on Gaza
5/24/2024 12:39:11 PM
The Palestinian Authority is facing the possibility of financial collapse, the World Bank said in a report Thursday, as revenue streams run dry and economic activity drops precipitously against the backdrop of the Gaza war.
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Sports
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Omni sports
5/19/2024 3:15:09 PM
A smiling Luka Doncic pumped his fist as he settled in next to Kyrie Irving to answer questions about the Dallas Mavericks advancing to the Western Conference finals for the second time in three seasons.
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Sports
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Egyptian Football
5/15/2024 9:36:54 PM
Pyramids FC extended their unbeaten run to 14 games in the Egyptian League as they secured a 2-1 victory over Ceramica Cleopatra at the Air Defense Stadium on Wednesday, thanks to Congolese striker Fiston Mayele, who scored both goals for Pyramids FC
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Egypt
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Urban & Transport
5/13/2024 5:23:01 PM
The Suez Canal expects high revenues of $9 billion during the upcoming fiscal year 2024/25 despite the major blow dealt over the past months due to Houthi attacks in the Red Sea.
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Al-Ahram Weekly
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Sufra Dayma
5/7/2024 8:18:36 PM
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Al-Ahram Weekly
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Egypt
5/1/2024 2:40:00 PM
A boycott campaign designed to protest against surging fish prices has been launched in Port Said.
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Al-Ahram Weekly
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Egypt
4/23/2024 10:52:00 PM
Gamal Essam El-Din on the government’s budget and development plans for the new fiscal year
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Al-Ahram Weekly
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Economy
4/23/2024 5:25:35 PM
Fish, traditionally known as the protein of the poor, have seen their prices rise in the past two months, with mullet increasing in cost by 10 per cent from LE150 on 1 February to LE165 this week. Similarly, tilapia has increased from LE95 to LE110.
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Business
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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.
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Business
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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.
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Business
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Economy
4/17/2024 3:12:29 PM
Global debt is projected to increase to close to 100 percent of GDP by 2029, driven mainly by the increasing debt levels in the large economies, including China, Italy, the United Kingdom, and the US, with policy action needed to address fundamental imbalances between spending and revenues, according to the Fiscal Monitor Report released on Wednesday.
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Business
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Economy
4/9/2024 12:44:00 PM
The budget initial surplus has jumped over 8.5 folds during the first nine months of the current fiscal year (FY) 2023/2024 to EGP 416 billion (three percent of GDP), compared to EGP 50 billion (0.5 percent of GDP) in the same period of FY2022/2023, Minister of Finance Mohamed Maait announced on Monday.
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