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Business
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Economy
9/20/2024 3:28:50 PM
Economic experts told Ahram Online about their speculation that the US Federal Reserve's big move to cut interest rates would attract hot money to emerging markets, including Egypt.
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Business
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Economy
9/18/2024 9:15:35 PM
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.
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Business
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Economy
9/18/2024 3:48:48 PM
European stock markets and the dollar mostly slipped Wednesday as the US Federal Reserve prepared to cut interest rates for the first time in more than four years.
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Business
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Markets & Companies
9/17/2024 7:48:43 PM
Wall Street stocks opened higher Tuesday following better than expected US retail sales as markets looked ahead to a likely Federal Reserve interest rate cut later in the week.
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Business
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Economy
9/16/2024 9:15:01 PM
Prime Minister Mostafa Madbouly announced Monday during a meeting with the Saudi private sector at the Federation of Saudi Chambers in Riyadh that all outstanding issues Saudi investors face in Egypt will be resolved by the end of 2024.
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Business
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Economy
9/16/2024 4:32:25 PM
American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it's cutting its key interest rate from a two-decade peak.
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Business
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Tech
9/16/2024 4:27:21 PM
The US government and TikTok will go head-to-head in federal court on Monday as oral arguments begin in a consequential legal case that will determine if, or how, a popular social media platform used by nearly half of all Americans will continue to operate in the country.
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Business
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Economy
9/15/2024 6:44:52 PM
The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before the US presidential election.
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Business
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Economy
9/13/2024 1:20:00 PM
President Abdel-Fattah El-Sisi has issued a presidential decree to approve Egypt's membership at the Fund for Export Development in Africa (FEDA), the Egyptian official gazette said.
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Business
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Economy
9/11/2024 6:00:00 PM
Egypt’s Petrojet company signed a $100 million coast protection deal for the El-Dabaa nuclear plant with the Russian Federation's nuclear power equipment and service exporter Atomstroyexport, the Ministry of Petroleum and Mineral Resources announced on Wednesday.
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Business
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Economy
9/11/2024 1:09:58 PM
Inflation in the United States may have hit a three-year low in August, underscoring that the rate of price increases is falling back to pre-pandemic levels and clearing the way for the Federal Reserve to start cutting its key interest rate next week.
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Business
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Markets & Companies
9/10/2024 10:30:34 PM
Oil's main international benchmark fell below $70 per barrel for the first time since the end of 2021 amid mounting concerns about slowing global growth.
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Business
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Markets & Companies
9/9/2024 4:03:45 PM
European stock markets and the dollar recovered Monday after big pre-weekend falls caused by concerns about the health of the US economy, but Asian equities declined further.
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Sports
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World
9/6/2024 11:57:49 PM
Italy recovered from conceding inside 13 seconds to fight back and beat France 3-1 in their UEFA Nations League clash in Paris on Friday, with Federico Dimarco, Davide Frattesi and Giacomo Raspadori all on target.
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Business
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Markets & Companies
9/4/2024 11:07:26 PM
US stock indexes are losing ground in afternoon trading Wednesday as Wall Street adds to its losses a day after the market’s worst skid in a month.
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Sports
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World
8/29/2024 5:07:49 PM
Federico Chiesa joined Liverpool from Juventus on Thursday in a deal worth a reported £12.5 million ($16.5 million) for the Italian international, who has been dogged by injuries.
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Sports
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World
8/28/2024 3:57:17 PM
Italy winger Federico Chiesa expressed his happiness at starting a “new adventure” amid reports he is about to join Liverpool from Juventus.
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Business
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Markets & Companies
8/27/2024 10:08:13 PM
Stock markets were little changed Tuesday as investors awaited clues on how much interest rates might be cut next month and the latest results from tech heavyweight Nvidia.
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Business
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Economy
8/26/2024 7:18:50 PM
Oil prices jumped Monday after an escalation of hostilities between Israel and the Iranian-backed Lebanese militant group Hezbollah raised fears of a wider conflict in the Middle East.
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Business
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Economy
8/23/2024 6:15:00 PM
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.
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