Egypt
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Politics
11/21/2022 4:05:27 PM
Egyptian MPs approved on Sunday in principle legal amendments that would allow contractors who have suffered losses because of recent economic reforms to obtain financial compensation from the government.
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Egypt
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Politics
11/21/2022 2:31:37 PM
Egyptian MPs approved in principle on Sunday legislative amendments that would allow contractors who have suffered losses due to the recent economic reforms to obtain financial compensation from the government.
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COP27
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Climate change
11/17/2022 10:40:50 PM
The Arab region needs more than $570 billion by 2030 to reinforce its adaptation to climate change, said a press release issued by the Beirut-based UN Economic and Social Commission for West Asia (ESCWA) on Thursday.
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COP27
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Climate change
11/17/2022 4:51:50 PM
Egypt’s Minister of Planning and Economic Development Hala El-Said launched on Thursday the Friends of Greening National Investment Plans for Africa and Developing Countries Initiative that capitalises on the success stories of partners in tackling the impacts of climate change.
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Business
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Economy
11/17/2022 12:31:54 PM
Just three weeks after taking office, British Prime Minister Rishi Sunak faces the challenge of balancing the nation's budget while helping millions of people slammed by a cost-of-living crisis as Russia's war in Ukraine pushes up energy prices and slows economic growth.
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Al-Ahram Weekly
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COP27
11/17/2022 11:04:00 AM
British politician Alok Sharma, president of last year’s COP26 in Glasgow, tells Ashraf Amin and Mohamed El- Kazaz how current economic and political events are affecting plans agreed at the COP26 and the financing of payments for climate-related loss and damage
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World
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Region
11/16/2022 8:48:15 PM
The United Nations Human Rights Commissioner Volker Turk urged Wednesday Sudanese factions to reach an agreement to end worsening political and economic crises which deepened following last year's military takeover.
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Egypt
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Politics
11/16/2022 2:12:18 PM
"The Senate will discuss a study on 'Foreign Direct Investments in Egypt: obstacles and incentives,'" said Senate Speaker Abdel-Wahab Abdel-Razek on Tuesday, adding that the study, prepared by the parliamentary majority party Mostaqbal Watan, will be discussed first by the Senate's Financial and Economic Affairs Committee, which in turn will prepare a report to be debated by the Senate in its meeting scheduled for 27 November.
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Egypt
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Foreign Affairs
11/15/2022 9:13:35 PM
President Abdel-Fattah El-Sisi discussed on Tuesday with Brazilian President-elect Luiz Inacio Lula da Silva ways to boost economic and trade cooperation between Egypt and Brazil, the Egyptian presidency announced.
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Business
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Economy
11/14/2022 12:56:15 PM
Fitch Solutions has revised up its projections for Egypt’s real GDP growth in 2022 by 0.3 percent to 6.62 percent from 6.59 percent it projected in October, according to its latest update on its monthly MENA Economic Outlook Report.
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Egypt
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Society
11/13/2022 6:20:54 PM
Egyptian President Abdel-Fattah El-Sisi called on Sunday for ramping up efforts to turn the Suez Canal Economic Zone (SCZone) into a 'leading and attractive' region for clean energy production.
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World
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International
11/13/2022 12:29:04 PM
Britain's government on Sunday warned of impending tax hikes, especially for the wealthy, as it bids to repair economic havoc wrought by the short-lived tenure of former prime minister Liz Truss.
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COP27
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Climate change
11/12/2022 9:21:57 PM
Egypt’s Minister of Planning and Economic Development Hala El-Said officially launched the Decent Life for a Climate Resilient Africa Initiative, which aims to integrate climate action into sustainable rural development in Africa, on the margins of Agriculture and Adaptation Day at the 27th UN Climate Change Conference (COP27) in Sharm El-Sheikh.
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World
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International
11/11/2022 5:54:22 PM
The European Union's executive commission slashed its forecast for economic growth next year, saying the 19 countries that use the euro currency will slide into recession over the winter as peak inflation hangs on for longer than expected and high fuel and heating costs erode consumer purchasing power.
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World
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Region
11/9/2022 10:40:06 PM
The United States announced Wednesday that it will give $80.5 million in aid for food assistance and solar-powered water pumping stations in the crisis-battered country of Lebanon.
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COP27
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Climate change
11/9/2022 8:26:27 PM
Mohamed Al-Jasser, President of the Islamic Development Bank Group, said on the sidelines of the United Nations Climate Conference in Sharm El-Sheikh that climate change continues to pose a major threat to social and economic development and to the general well-being of people and societies, noting that the bank's collective goal is to promote a just, inclusive and equitable transition.
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World
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International
11/8/2022 10:37:44 AM
Some experts expect “reprisal voting” in US midterms Tuesday to hand legislative control to Republicans to punish Biden for poor economic performance.
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World
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International
11/7/2022 10:59:15 PM
An election year weighted by economic turmoil, elimination of federal abortion rights and broad concerns about the future of democracy concluded with a final full day of campaigning Monday by leaders of both parties urgently appealing to their supporters.
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COP27
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Climate change
11/6/2022 9:10:10 PM
Sameh Shoukry, Egypt’s foreign minister and president-designate of the 2022 UN Climate Change Conference (COP27), urged countries of the world to honour their climate commitments, warning against backsliding on climate action amid economic crises.
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COP27
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Climate change
11/6/2022 10:13:52 AM
The COP27 summit kicks off Sunday in Egypt with nearly 200 countries struggling to outpace increasingly dire climate impacts in a world upended by war and economic turmoil.
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