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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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Advertising
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Sponsored
7/27/2024 4:28:00 PM
The cryptocurrency market which is characterized by high volatility and fast development has gained the interest of a wide circle of investors.
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Business
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Economy
7/18/2024 7:46:41 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) opted to maintain the overnight deposit rate, overnight lending rate, and the rate of the main operation. The discount rate was also held steady at 27.25 percent, 28.25 percent, 27.75 percent, and 27.75 percent, respectively.
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Business
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Economy
7/18/2024 2:56:14 PM
In a meeting with Minister of Public Business Sector Mohamed Shimy to discuss cooperation options and investment opportunities between Norway and Egypt, Norwegian ambassador to Egypt Hilde Klemetsdal stated Thursday that Norwegian companies are highly interested in expanding their investment in the Egyptian market.
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Al-Ahram Weekly
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Economy
7/18/2024 1:12:00 PM
Egypt’s interest rates are likely to remain unchanged for now, according to experts.
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Business
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Markets & Companies
7/17/2024 3:08:52 PM
Europe's stock markets slid Wednesday as stronger-than-expected UK inflation data doused hopes of a British interest rate cut any time soon.
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Business
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Economy
7/17/2024 1:51:30 PM
Britain's inflation rate held steady in June after returning to the Bank of England's target the previous month, official data showed Wednesday, confounding expectations for another modest slowdown.
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Business
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Economy
7/16/2024 10:58:30 PM
A senior US central bank official said in remarks prepared for delivery Tuesday that it might be apt to lower interest rates sooner rather than later if the job market cools "too much."
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Business
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Markets & Companies
7/16/2024 8:34:34 PM
The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
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Business
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Economy
7/16/2024 6:53:51 PM
The International Monetary Fund has revised down its projection for Egypt’s real GDP growth by 0.3 percent in both the recently concluded FY2023/2024 and the current FY2024/2025 to 2.7 percent and 4.1 percent, respectively, according to an update to its World Economic Outlook (WEO) report released on Tuesday.
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