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Business
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Economy
9/29/2024 8:24:06 PM
Prominent billionaire and real estate developer Naguib Sawiris called for a reduction in key interest rates by five to 10 percent in a recent conference titled Egypt's Real Estate Market: Building Global Destinations, held by AmCham Egypt on Sunday.
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Business
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Economy
9/24/2024 8:37:31 PM
The Gold market in Egypt has undergone major changes over the past few days after international gold prices surpassed $2,600 per ounce, which is mainly attributed to the U.S. Federal Reserve's decision to cut interest rates by 50 basis points last Wednesday.
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Business
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Markets & Companies
9/23/2024 1:39:21 PM
Global stocks were mixed on Monday following a series of key interest rate decisions last week by the US Federal Reserve, Japan, China, and Britain.
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Life & Style
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Health
9/22/2024 10:20:00 AM
The war in Ukraine has heightened fears about nuclear exposure — and interest in iodine pills that can help protect the body from some radiation.
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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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Al-Ahram Weekly
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Egypt
9/18/2024 4:11:00 PM
Egypt will receive annual military aid from the US in full for the first time since Joe Biden became president.
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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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Economy
9/17/2024 8:43:34 PM
A total of 131,000 Egyptians have invested in state gold investment funds, totalling EGP 925 million since their launch, Chairman of the Financial Regulatory Authority (FRA) Mohamed Farid Saleh announced on Tuesday.
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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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Al-Ahram Weekly
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Opinion
9/17/2024 4:09:07 PM
Some of today’s mega-rich have been intervening more and more in politics, blurring the boundary between state action and private interests, writes Ahmed Mustafa
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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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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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Al-Ahram Weekly
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Egypt
9/14/2024 5:26:00 PM
Joint interests now outweigh any differences between Ankara and Cairo.
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Al-Ahram Weekly
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Opinion
9/11/2024 10:00:00 PM
The Biden administration continues to be trapped in the contradictions of supporting Israel militarily while also trying to promote its own interests in the Middle East.
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Business
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Economy
9/11/2024 1:36:04 PM
Egypt's annual core inflation rate accelerated by 0.7 percent in August to 25.1 percent, up from 24.4 percent in July, according to data published by the Central Bank of Egypt (CBE) on Tuesday.
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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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Egypt
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Foreign Affairs
9/10/2024 3:00:00 PM
Relations between Egypt and Germany are characterized by continued joint and balanced cooperation based on historical ties, mutual respect, common interests, and based on the strategic weight of each country in their respective regions and internationally.
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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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Business
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Economy
9/9/2024 10:28:11 AM
The interest rate in Egypt is anticipated to fall to 16.25 percent by the end of 2025 down from 28.25 in 2024, BMI Research, a Fitch Solutions company, said in a report in August.
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