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Business - Economy
5/18/2022 12:11:05 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to convene on Thursday to review the key interest rates for the third time in 2022 and for the second time since the breakout of the Russian-Ukrainian conflict.

Business - Economy
5/15/2022 8:58:07 PM
The unemployment rate in Egypt declined by 0.2 percent in the first quarter of 2022 compared to the same period last year to 7.2 percent of the workforce, the Central Agency for Public Mobilisation and Statistics (CAPMAS) said in its periodical manpower bulletin on Sunday.

Business - Economy
5/15/2022 4:58:25 PM
Egypt plans to offer 12 companies under the government’s initial offering programme (IPO) on the Egyptian Exchange by the end of 2022, including two army-run companies and other firms that are under the umbrella of the public business sector, Prime Minister Mostafa Madbouly announced on Sunday.

Business - Economy
5/15/2022 2:28:10 PM
Fitch Solutions revised up Egypt’s real GDP growth forecast by 0.1 percent for 2022 to reach 5.6 percent, up from the 5.5 percent it projected in April, according to Fitch Solutions’ MENA Monthly Outlook Report.

Al-Ahram Weekly - Economy
5/13/2022 5:44:00 PM
With the US Federal Reserve raising interest rates again last week, what will a stronger dollar mean for the pound.

Al-Ahram Weekly - Economy
5/10/2022 10:32:27 PM
Egypt’s financial inclusion rate increased by 115 per cent since 2016, writes Mai Ghandour

Al-Ahram Weekly - Entre nous
5/10/2022 7:00:16 PM
Changes in the rhythm of life during Ramadan affect sleep schedules and can have negative effects on physical and cognitive performance. To get back to your normal sleep pattern, gradually adjust the time you go to bed and wake up

Business - Economy
5/10/2022 1:18:01 PM
Egypt’s headline annual inflation rate accelerated to 14.9 percent in April, up from the 12.1 percent recorded in March and 4.4 percent in the corresponding month in 2021, the Central Agency for Public Mobilisation and Statistics (CAPMAS) announced on Tuesday.

World - Region
5/9/2022 4:57:45 PM
The World Bank approved a $150 million soft loan for food security in crisis-hit Lebanon to stabilize bread prices during the coming months, the economy minister said Monday.

Business - Economy
5/8/2022 10:08:44 PM
After a nine-day holiday due to Eid El-Fitr and Labour Day celebrations, Egypt’s banking sector resumed work on Sunday amid calm as the Egyptian pound remained stable despite the US Federal Reserves' recent decision to raise interest rates.

Business - Economy
5/6/2022 9:43:42 PM
With the US Federal Reserve (Fed) deciding to increase its interest rate by a rare half-percentage-point — the largest increase in two decades — in an effort to reduce burgeoning inflation that is running at a four-decade high, major economic impacts are looming for countries worldwide, especially emerging markets like Egypt.

World - Region
5/5/2022 1:32:05 PM
Turkey's official inflation rate spiralled to nearly 70 percent in April, data showed on Thursday, posing a huge challenge to President Recep Tayyip Erdogan, whose unconventional economic policies are often blamed for the economic turmoil.

Business - Economy
5/5/2022 10:33:13 AM
Markets rallied Thursday after the US Federal Reserve played down chances of a huge interest rate hike in the near future, while oil extended gains as the European Union moved to ban imports from Russia.

Business - Economy
5/4/2022 8:19:49 PM
The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by a half-percentage point Wednesday - its most aggressive move since 2000 - and signaling further large rate hikes to come.

Egypt - Health
4/30/2022 5:51:00 PM
Egypt recorded a daily average of 46 coronavirus infections and five deaths over the past week (23 to 29 April 2022), as the country’s rates of infection and death continue to drop.

Egypt - Society
4/26/2022 4:49:15 PM
Egypt’s Minister of Manpower Mohamed Saafan said the country’s recent national development projects created a multitude of job opportunities and contributed to reducing the rate of unemployment.

Business - Economy
4/26/2022 1:46:43 PM
The financial inclusion rate in Egypt grew by 115 percent over the past six years, the Central Bank of Egypt (CBE) announced on Tuesday.

Egypt - Courts & Law
4/21/2022 2:10:50 PM
A Cairo criminal court sentenced on Thursday well-known businessman Hassan Rateb to five years in prison for funding a criminal operation led by former MP Alaa Hassanin to illegally excavate and traffic in antiquities.

World - Region
4/20/2022 4:55:17 PM
Child vaccination rates in Lebanon have dropped by more than 30 percent, compounding a health crisis marked by drug shortages and an exodus of trained professionals, the United Nations said Wednesday.

Business - Economy
4/19/2022 8:16:45 PM
The Russia-Ukraine conflict is having economic repercussions on Egypt including rising financial needs, an elevated rate of inflation, and limited fiscal space, the assistant director of monetary and capital markets at the International Monetary Fund (IMF) Ranjit Singh told Ahram Online.

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