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Arts & Culture - Screens
9/20/2024 2:05:30 PM
Gamil Ratib passed away on 19 September 2018, leaving behind a rich legacy that spans over 80 film credits, numerous stage performances, and television appearances.

Business - Economy
9/18/2024 9:15:35 PM
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.

Egypt - Society
9/18/2024 6:12:12 PM
The Ministry of Electricity and Renewable Energy has decided to halt power load reduction, as fuel supplies necessary for production stations are being delivered according to daily consumption rates, in coordination with the Ministry of Petroleum, an official from the Egyptian Electricity Holding Company (EEHC) told Al-Arabiya on Wednesday.

Business - Economy
9/18/2024 3:48:48 PM
European stock markets and the dollar mostly slipped Wednesday as the US Federal Reserve prepared to cut interest rates for the first time in more than four years.

Business - Economy
9/17/2024 8:43:34 PM
A total of 131,000 Egyptians have invested in state gold investment funds, totalling EGP 925 million since their launch, Chairman of the Financial Regulatory Authority (FRA) Mohamed Farid Saleh announced on Tuesday.

Business - Markets & Companies
9/17/2024 7:48:43 PM
Wall Street stocks opened higher Tuesday following better than expected US retail sales as markets looked ahead to a likely Federal Reserve interest rate cut later in the week.

Business - Economy
9/16/2024 4:32:25 PM
American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it's cutting its key interest rate from a two-decade peak.

Business - Economy
9/15/2024 6:44:52 PM
The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before the US presidential election.

Business - Economy
9/11/2024 1:36:04 PM
Egypt's annual core inflation rate accelerated by 0.7 percent in August to 25.1 percent, up from 24.4 percent in July, according to data published by the Central Bank of Egypt (CBE) on Tuesday.

Business - Economy
9/11/2024 1:09:58 PM
Inflation in the United States may have hit a three-year low in August, underscoring that the rate of price increases is falling back to pre-pandemic levels and clearing the way for the Federal Reserve to start cutting its key interest rate next week.

Business - Markets & Companies
9/10/2024 10:30:34 PM
Oil's main international benchmark fell below $70 per barrel for the first time since the end of 2021 amid mounting concerns about slowing global growth.

Business - Economy
9/10/2024 4:39:04 PM
Egypt’s annual headline inflation slightly increased in August to 25.6 percent, up from 25.2 percent in July, while the monthly headline inflation jumped to 1.9 percent, up from 0.5 percent in July, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced Tuesday.

Sports - World
9/10/2024 2:39:33 PM
Belgium captain Kevin De Bruyne appeared to criticize his teammates’ work rate and his coach’s tactics in fiery comments after the team’s latest loss to France that highlighted their fall from the top table of world soccer.

Business - Economy
9/9/2024 9:01:30 PM
Food Export Council aims to achieve a composite annual growth rate of 15 percent with export targets of $6 billion by the end of 2024 and $7.7 billion by 2027, Chairman of the Food Export Council (FEC) Hani Berzi announced.

Business - Markets & Companies
9/9/2024 4:03:45 PM
European stock markets and the dollar recovered Monday after big pre-weekend falls caused by concerns about the health of the US economy, but Asian equities declined further.

Business - Economy
9/9/2024 10:28:11 AM
The interest rate in Egypt is anticipated to fall to 16.25 percent by the end of 2025 down from 28.25 in 2024, BMI Research, a Fitch Solutions company, said in a report in August.

Business - Markets & Companies
9/5/2024 4:50:47 PM
Egyptian Stock Exchange indices recorded collective increases at the closing of Thursday trading session as the Central Bank of Egypt's Monetary Policies Committee is to convene later in the day to decide on interest rate.

Business - Economy
9/5/2024 12:58:00 PM
Trade between Egypt and Türkiye increased from $4.7 billion in 2016 to $6.50 billion in 2023, with a growth rate of 38 percent.

Business - Economy
9/4/2024 9:22:33 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday to decide on interest rates.

Business - Markets & Companies
9/2/2024 9:40:19 PM
Data showing weak Chinese economic performance hit stock market trading on Monday, offsetting optimism over an expected US interest-rate cut.

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