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Al-Ahram Weekly
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Egypt
12/22/2022 1:47:00 PM
Two devaluations, a new IMF deal, and multi-billion dollars’ worth of asset sales to Gulf investors are some of the features of the economic scene on the year of the war.
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Al-Ahram Weekly
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Egypt
12/20/2022 1:08:00 PM
A year ago, experts warned of inflationary pressures because of increased demand after two years of closures related to the Covid-19 pandemic, which led to supply chain disruptions.
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Business
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Economy
12/20/2022 12:54:52 PM
The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the world's second largest economy.
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COP27
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Climate change
12/19/2022 2:27:45 PM
Alessandra Sensi, head of the environment, green and blue economy sector at the Union for the Mediterranean (UfM), spoke about the complex challenges facing the Mediterranean region from climate change, pollution and economic hardship.
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Business
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Markets & Companies
12/19/2022 1:06:54 PM
Adam Jones, Country Manager of MENA Central, explains how Mastercard technologies are empowering the country’s digital transformation journey.
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World
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International
12/18/2022 11:19:25 AM
EU member states and parliamentarians on Sunday announced an agreement for a major reform to the bloc's carbon market, the central plank of its ambitions to reduce emissions and invest in climate-friendly technologies.
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Al-Ahram Weekly
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Egypt
12/15/2022 2:08:00 PM
Egyptian-Chinese political and economic relations received a big boost on the sidelines of the first China-Arab Summit last week.
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World Cup 2022
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News
12/15/2022 11:51:00 AM
Argentina's economy may be sinking but the entire country is buoyant, basking in the elation of its football team led by iconic captain Lionel Messi reaching the World Cup final.
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Al-Ahram Weekly
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Egypt
12/13/2022 10:04:32 PM
The government is tightening its control on the local retail market in a bid to contain soaring prices of basic commodities
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World
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Africa
12/12/2022 8:39:06 PM
"Everything is increasing except our wages," Ethiopian porter Zerihun told AFP, summing up the financial crisis facing the Horn of Africa nation as it reels from skyrocketing inflation and an economic slowdown.
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Business
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Economy
12/11/2022 10:36:38 AM
The US Federal Reserve is poised to slow its interest rate hikes next week, economists say, as central bankers' most forceful moves in decades to fight inflation ripple through the economy.
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Business
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Economy
12/9/2022 4:19:32 PM
Wholesale prices in the United States rose 7.4% in November from a year earlier, a fifth straight slowdown and a hopeful sign that inflation pressures across the economy are continuing to cool.
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World
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Region
12/8/2022 2:22:35 PM
Lebanon's divided parliament failed to elect a new president Thursday for a ninth time, despite the damage the political deadlock is doing to efforts to bail out its bankrupt economy.
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Business
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Economy
12/7/2022 9:54:11 PM
Egypt will implement an "urgent and solid" plan to secure the country's foreign currency needs and enable the economy to keep moving with some flexibility amid the current global crisis, Prime Minister Mostafa Madbouly said on Wednesday.
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Business
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Economy
12/7/2022 3:17:41 PM
Major stock markets suffered more selling Wednesday on growing fears that Federal Reserve monetary tightening will tip the US economy into recession.
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Business
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Economy
12/7/2022 10:50:17 AM
This was supposed to be the comeback year for the world economy following the Covid pandemic.
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Business
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Economy
12/6/2022 4:38:51 PM
South Africa's economy rebounded beyond pre-Covid levels in the third quarter of 2022 to reach its highest-ever peak, official data showed Tuesday.
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Business
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Economy
12/6/2022 1:32:00 PM
The International Monetary Fund (IMF) has scheduled its meeting for Egypt’s new loan on 16 December, according to the fund’s online executive board meetings calendar.
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World
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War in Ukraine
12/6/2022 1:03:28 PM
Russia expressed confidence Tuesday it would find new buyers for its oil, saying the imposition of a price cap on its exports by the West over Ukraine was "not a tragedy".
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World
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War in Ukraine
12/5/2022 9:57:10 PM
Major Western measures to limit Russia's oil profits over the war in Ukraine took effect Monday, bringing with them uncertainty about how much crude could be lost to the world and whether they will unleash the hoped-for hit to a Russian economy that has held up better than many expected under sanctions.
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