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Egypt - Society
2/18/2024 1:08:59 PM
Except for possible light showers on Sunday in northern cities, it might be wise to consider a lighter wardrobe this week until Friday as Egypt experiences a gradual improvement in weather with warmer daylight conditions and cool nights.

Egypt - Society
2/9/2024 7:05:33 PM
Egypt is in for diverse weather conditions over the upcoming week with a mélange of dry warmth to windy wet weather, according to the weekly weather forecast of the Egyptian Meteorological Authority (EMA).

Business - Economy
2/8/2024 9:34:16 PM
Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Israel's war on Gaza that has seen Yemen Houthis launch an offensive on Israel-linked ships in the Red Sea to pressure Israel to halt its war on the Palestinians.

Business - Economy
2/5/2024 3:17:27 PM
The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices.

Business - Economy
1/30/2024 3:06:10 PM
The International Monetary Fund (IMF) has downgraded its forecasts for Egypt’s real GDP growth in the current FY2023/2024 to three percent, down from the 3.6 percent it projected in October, according to the updated World Economic Outlook (WEO) report released on Tuesday.

Al-Ahram Weekly - Opinion
1/23/2024 6:18:52 PM
The beginning of every year is a time for economic forecasts and assessments, some of them ranking the respective risks weighing on different regions, writes Mahmoud Mohieldin

Business - Economy
1/15/2024 7:43:32 PM
Egypt’s real GDP growth rate slowed to 2.65 percent in the first quarter of the fiscal year 2023/2024 from 4.4 percent in the same quarter of FY2022/2023 (July-September), according to data released by the Ministry of Planning and Economic Development on Monday.

Business - Economy
1/11/2024 10:36:34 PM
Wall Street is slipping Thursday after a warmer-than-expected report on inflation forced some investors to push back forecasts for when the Federal Reserve could deliver long-sought cuts to interest rates.

Business - Economy
1/9/2024 10:55:54 PM
The World Bank downgraded its forecasts for Egypt’s real GDP growth for 2024 to 3.5 percent from 3.7 percent in a previous estimate, according to the Global Economic Prospects report released on Tuesday.

Egypt - Society
1/2/2024 10:47:15 AM
Egypt's weather forecast will witness cool temperatures starting on Tuesday, with a chance of moderate rainfall in various parts of Egypt throughout the weekend, according to the Egyptian Meteorological Authority (EMA).

Business - Economy
12/16/2023 7:54:53 PM
British bank HSBC projected the Egyptian pound to experience devaluation, reaching EGP 40-45 against the US dollar, during the first quarter of 2024, according to a report by the bank on Friday.

Egypt - Society
12/12/2023 1:42:17 PM
The weather forecast this week expects cool temperatures, with a chance of moderate rainfall accompanied by thunderstorms in various parts of Egypt on Tuesday and Wednesday, the Egyptian Meteorological Authority reported on Tuesday.

Egypt - Society
12/4/2023 7:38:23 PM
Egypt is forecast to see foggy weather with chances of rainfall, strong wind, and lower temperature degrees as of Tuesday through the weekend, according to the Egyptian Meteorological Authority (EMA).

Business - Economy
11/29/2023 10:31:51 PM
African Development Bank (AfDB) downgraded its forecast of the growth rate of the gross domestic product (GDP) of Africa for 2023 and 2024 to 3.4 percent and 3.8 percent, respectively, from 4.0 percent and 4.3 percent.

Egypt - Society
11/26/2023 3:52:00 PM
The Egyptian Meteorological Authority (EMA) forecasts intermittent light to moderate rainfall along Egypt's northern coasts and northern Delta governorates on Sunday and Monday, with winds set to sweep across the country on Sunday, stirring up dust and sand and causing decreased visibility.

Business - Energy
11/15/2023 4:14:30 PM
Crude prices rallied this week after posting their steepest drop in over three months, rebounding on brighter consumption forecasts from OPEC and the International Energy Agency (IEA), according to a report by the Kuwaiti asset management company Kamco Invest on Wednesday.

Egypt - Society
11/12/2023 12:21:11 PM
The weather across Egypt is mostly cloudy on Sunday, setting the stage for imminent rain showers with the possibility of thunder in several regions, including Greater Cairo, the Nile Delta, the North Coast, Suez Canal cities, and Sinai, the Egyptian Meteorological Authority (EMA) predicts.

Egypt - Society
10/30/2023 10:31:07 PM
The North Coast and Nile Delta regions will see moderate rain and some thunder Tuesday through Sunday, the Egyptian Meteorological Authority (EMA) said in a statement on Monday.

Business - Economy
10/10/2023 1:46:15 PM
The International Monetary Fund (IMF) has raised its projections for Egypt’s real GDP growth in 2023 to 4.2 percent, up from the 3.7 percent it expected in July, according to the World Economic Outlook (WEO) report issued by the fund on Tuesday.

Business - Economy
10/5/2023 10:46:13 PM
The World Bank has revised up its forecasts for Egypt’s real GDP growth in 2023 to 4.2 percent from 4 percent, according to the bank’s latest MENA economic update released on Thursday.

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