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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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Business
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Markets & Companies
9/5/2024 4:50:47 PM
Egyptian Stock Exchange indices recorded collective increases at the closing of Thursday trading session as the Central Bank of Egypt's Monetary Policies Committee is to convene later in the day to decide on interest rate.
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Business
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Economy
9/4/2024 9:22:33 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday to decide on interest rates.
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Al-Ahram Weekly
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Egypt
9/4/2024 9:06:00 PM
This week’s Egypt-Turkey summit will accelerate the diplomatic shifts that are unfolding against a backdrop of ongoing regional conflicts.
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Business
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Markets & Companies
9/2/2024 9:40:19 PM
Data showing weak Chinese economic performance hit stock market trading on Monday, offsetting optimism over an expected US interest-rate cut.
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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
8/27/2024 9:56:34 PM
The International Monetary Fund (IMF) has released its staff report addressing the discussions and the results of the third review of the Extended Fund Facility (EFF) loan programme that was approved for Egypt in December 2022.
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World
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International
8/25/2024 7:15:59 PM
China on Sunday expressed its opposition to the latest US sanctions on Chinese companies over their alleged ties to Russia's war in Ukraine, saying it will adopt necessary measures to safeguard the rights and interests of the country's businesses.
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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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Business
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Markets & Companies
8/21/2024 11:25:27 AM
Asian shares mostly declined Wednesday following a slip on Wall Street that snapped an eight-day winning streak, the longest of the year.
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Egypt
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Foreign Affairs
8/17/2024 10:29:16 PM
Minister of Foreign Affairs Badr Abdelatty discussed in a telephone call on Saturday with Iran's Acting Minister of Foreign Affairs Ali Bagheri Kani ongoing Egyptian efforts to achieve a ceasefire in the Gaza Strip and de-escalate tensions in the region.
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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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Al-Ahram Weekly
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World
8/13/2024 8:17:41 PM
While Russia may benefit as a result of the current situation in the Middle East, its long-term interests are better served by working to contain escalatory trends, writes Karam Said
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Al-Ahram Weekly
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Opinion
8/13/2024 6:14:13 PM
When will the Arabs learn the art of reward and punishment as a foreign policy tool? If we cannot summon the initiative to pursue policies that serve our interests and undermine our enemies, then at the very least we should reward those who stand by our side and shun those who oppose us.
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Business
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Economy
8/13/2024 5:04:34 PM
The Central Bank of Egypt (CBE) sold on Tuesday 609.8 million euros in euro-denominated treasury bills (T-bills), with a 364-day maturity period, according to the bank’s website.
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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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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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Egypt
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Foreign Affairs
7/30/2024 7:37:09 PM
President Abdel-Fattah El-Sisi and his Chadian counterpart Mahamat Idriss Déby discussed in a meeting on Tuesday in New Alamein City a host of African issues of mutual interest, notably the developments in Sudan and Libya.
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Business
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Economy
7/29/2024 11:38:17 AM
Egypt is scheduled on the calendar of the International Monetary Fund's (IMF) Executive Board on Monday to discuss the third review of the current Extended Fund Facility (EFF) $8 billion loan programme, which concludes in September 2026.
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