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Business - Economy
8/3/2023 11:11:59 AM
Turkey's annual inflation climbed in July to 47.83 percent, up sharply from 38.2 percent, official data showed on Thursday.

Business - Economy
8/2/2023 4:33:49 PM
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.

World - War in Ukraine
8/2/2023 4:03:36 PM
There are signs that Russia might be interested in returning to talks on the Black Sea grain deal, a US envoy said on Tuesday night.

Al-Ahram Weekly - Egypt
8/2/2023 8:07:10 AM
The Central Bank of Egypt is likely to maintain interest rates at their current level at its meeting this week

Business - Economy
7/31/2023 11:55:31 AM
European stock markets were largely steady at the start of trading on Monday, looking ahead to a Bank of England interest-rate call later in the week.

World - International
7/30/2023 8:52:19 PM
At 24, Alberto Rodriguez has grandparents younger than Joe Biden. But he's more interested in the 80-year-old president's accomplishments than his age.

Business - Economy
7/30/2023 8:44:28 PM
The European Central Bank could hike interest rates again or pause at its next meeting and any decision will depend on the latest data, president Christine Lagarde has said.

World - Region
7/30/2023 5:05:31 PM
Kuwaiti Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah arrived Sunday in Iraq on an official visit to discuss issues of common interest, including oil, border demarcation, as well as strengthening bilateral relations between Kuwait and Baghdad.

World - Africa
7/30/2023 3:38:03 PM
France on Sunday warned it would retaliate if its citizens were attacked in Niger, after protesters tried to enter its embassy in the capital, Niamey.

Business - Economy
7/30/2023 2:44:23 PM
The International Monetary Fund (IMF) is expected to conduct its first and second reviews of the Egyptian economy for the $3 billion four-year loan programme between September and December 2023, according to a recent report by the US-based investment bank, Morgan Stanley.

Business - Economy
7/29/2023 10:39:53 PM
The German economy is still failing to grow, figures showed Friday, as the country that should be the industrial powerhouse for all of Europe struggles with high energy prices, rising borrowing costs and a lagging rebound from key trading partner China.

Business - Economy
7/28/2023 2:35:00 PM
The yen fluctuated Friday after Japan's central bank tweaked its ultra-loose monetary policy, while stocks markets traded mixed after forecast-beating US data revived concerns the Federal Reserve could hike interest rates further.

Sports - Talents Abroad
7/27/2023 5:15:47 PM
Sheffield United owner Prince Abdullah Bin Mossad Bin Abdulaziz Al-Saud has played down reports that his club is interested in signing Egypt international striker Mostafa Mohamed from French team Nantes.

World - International
7/27/2023 3:59:38 PM
President Vladimir Putin expressed Russia's interest in fostering relations with Africa, saying in his opening speech at the Russia-Africa Summit that the continent is one of the fastest-growing regions in the world.

Business - Economy
7/26/2023 9:17:41 PM
The US Federal Reserve raised its benchmark lending rate on Wednesday to its highest level since 2001 to tackle above-target inflation, and signaled the possibility of further increases ahead.

Business - Economy
7/26/2023 1:34:22 PM
The US Federal Reserve is poised to announce a fresh quarter percentage-point hike to its benchmark lending rate on Wednesday to tackle inflation, while keeping the option open for more such moves in the coming months.

Business - Economy
7/25/2023 6:56:27 PM
The International Monetary Fund (IMF) has raised its projections for Egypt’s inflation in 2023 and 2024 to 24.4 percent and 32 percent, respectively, up from 21.6 percent in 2023 and 18 percent in 2024 as projected in April, according to Deputy Director of the Research Department Petya Koeva Brooks.

Business - Economy
7/24/2023 1:54:18 PM
Egypt’s cabinet approved on Monday the cancellation of the Central Bank of Egypt’s (CBE) initiatives providing low-interest loans to workers in the tourism sector.

Business - Economy
7/23/2023 10:58:17 AM
After pausing in June, the US Federal Reserve is widely expected to hike interest rates again on Wednesday, adopting its most restrictive monetary stance for 22 years despite recent signs of slowing inflation.

World - War in Ukraine
7/22/2023 6:03:27 PM
Russia has repeatedly fired missiles and drones at Ukrainian ports key to sending grain to the world. Moscow has declared large swaths of the Black Sea dangerous for shipping. Even the U.S. said ships are at risk of being targeted.

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