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Sports - World
5/22/2024 2:56:04 PM
Inter Milan entered an uncertain new era on Wednesday after US fund Oaktree took control of the Serie A champions following outgoing owners Suning defaulting on a debt worth hundreds of millions of euros.

War on Gaza - War on Gaza
5/22/2024 2:09:08 PM
North Gaza's last two functioning hospitals, Al-Awda and Kamal Adwan, are barely operational, doctors and the World Health Organization said Tuesday amid the eight-month Israeli war on the Palestinian Strip.

Egypt - Foreign Affairs
5/22/2024 12:27:50 PM
Minister of Foreign Affairs Sameh Shoukry flew on Wednesday to Tehran to attend the funeral of Iran President Ebrahim Raisi, read a foreign ministry statement.

World - Region
5/22/2024 9:55:24 AM
Huge crowds of Iranians thronged the streets of the capital Tehran on Wednesday for the funeral procession of President Ebrahim Raisi and his entourage, who died in a helicopter crash.

Al-Ahram Weekly - Economy
5/22/2024 9:16:00 AM
With the slowdown in inflation and new inflows of foreign funds, the Central Bank of Egypt is likely to keep interest rates unchanged at its meeting this month.

Opinion -
5/21/2024 4:49:40 PM
PARIS/VANCOUVER – Today’s economic outlook is strangely contradictory. While global markets, led by technology and energy, have been ebullient over high short-term profits, the mood at the Spring Meetings of the World Bank and the International Monetary Fund last month was decidedly somber.

Sports - World
5/18/2024 5:04:07 PM
Inter Milan president Steven Zhang said on Saturday that the Serie A champions' financial stability was being threatened by investment fund Oaktree as owners Suning scrambled to repay a debt worth hundreds of millions of euros.

Egypt - Society
5/18/2024 4:25:26 PM
Egyptian and International Monetary Fund (IMF) officials have initiated discussions around a $1.2 billion long-term financing package to support Egypt's climate-related projects.

World - War in Sudan
5/17/2024 1:14:22 PM
The United Nations warned on Friday that it had only received 12 per cent of the $2.7 billion being sought for war-wracked Sudan, adding that "famine is closing in".

World - Region
5/15/2024 4:34:16 PM
The UK will significantly increase aid funding to Yemen aiming to feed more than 850,000 people in the war-torn country, Foreign Secretary David Cameron said on Wednesday.

Business - Economy
5/15/2024 3:23:50 PM
The Egyptian government said on Wednesday it has received $14 billion as the second batch of funding from the $35 billion Ras El-Hekma development deal.

Egypt - Society
5/9/2024 4:02:00 PM
The fundamentals of financial technology (fintech) is slated to be incorporated into the curriculum of higher education in Egypt starting the academic year 2024/2025, the Central Bank of Egypt (CBE) announced on Thursday.

World - War in Ukraine
5/8/2024 9:42:26 PM
EU member states reached an agreement Wednesday on a plan to use billions of euros in profits from frozen Russian central bank assets to arm Ukraine and fund its post-war reconstruction.

War on Gaza - War on Gaza
4/30/2024 4:39:18 PM
The head of the UN agency for Palestinian refugees said on Tuesday that $267 million in its funding was still suspended over false allegations some UNRWA staff participated in the Hamas offensive on 7 October.

Al-Ahram Weekly - Egypt
4/29/2024 8:26:00 PM
Following three days of debates, MPs give their final approval to a unified insurance law.

Business - Economy
4/28/2024 2:10:39 PM
Egypt has met seven commitments out of 15 pledges under its ongoing $8 billion Extended Fund Facility (EFF) loan programme with the International Monetary Fund (IMF), according to the fund’s report released on Friday following the completion of the first and second reviews.

Business - Economy
4/28/2024 9:30:13 AM
Egypt’s budget plan for the upcoming FY2024/2025 comes in line with the government commitments to the International Monetary Fund (IMF) under the fund’s loan programme for the country.

Business - Economy
4/27/2024 3:06:15 PM
The International Monetary Fund (IMF) issued on Friday the technical reports concerning the completion of the first and the second reviews of the fund’s Extended Fund Facility loan programme that has been recently expanded from $3 billion to $8 billion.

Business - Economy
4/24/2024 6:18:25 PM
The International Monetary Fund (IMF) announced Wednesday the launch of operations for opening its new regional office in Riyadh, Kingdom of Saudi Arabia (KSA), to enhance its partnership with Middle Eastern countries and beyond.

War on Gaza - War on Gaza
4/23/2024 3:16:11 PM
The EU's humanitarian chief on Tuesday urged international donors to fund the UN agency for Palestinians after a review said Israel had not provided evidence to allegations that hundreds of staff were members of Hamas.

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