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Business
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Economy
10/23/2022 10:26:57 PM
Finance Minister Mohamed Maait said on Sunday that Egypt aims to cut the public budget deficit to only four percent; a figure that has not been achieved for 42 years.
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Business
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Economy
10/23/2022 7:43:24 PM
Egypt needs to enforce already existing laws regulating businesses to attract more investors who would contribute to the country's GDP and economic activity, said economist and former minister of investment Ziad Bahaa El-Din.
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Egypt
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Politics
10/23/2022 7:14:00 PM
President Abdel-Fattah El-Sisi said that decisive solutions and understanding from the public have been required to move ahead with drastic economic reforms in Egypt to face crises the country witnessed over the past 50 years.
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Business
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Economy
10/23/2022 3:49:10 PM
Egypt’s Prime Minister Mostafa Madbouly affirmed on Sunday that Egypt prioritises curbing inflation over the issue of exchange rate, stressing that the devaluation of the Egyptian pound does not mean that the economy is in a bad situation.
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Business
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Economy
10/23/2022 1:43:34 PM
The ongoing global economic challenges has been affecting emerging and developing markets, including Egypt, putting heavy pressures on their economies and its exchange rate reserves, said the well-known economist and the President of Queens’ College Mohamed El-Erian.
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Business
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Energy
10/23/2022 12:57:30 PM
Demarcating maritime borders in the Mediterranean and Red seas were critical to exploiting the Zohr gas field, which kept Egypt from going dark due to electrical shortages, President Abdel-Fattah El-Sisi said on Sunday.
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Business
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Economy
10/23/2022 10:53:19 AM
Egypt is among the most affected countries by the global economic crisis, and establishing a road map for the economy requires recognising the challenges we face, said Prime Minister Mostafa Madbouly.
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Egypt
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Politics
10/22/2022 8:39:33 PM
Representatives of more than 80 political parties, plus MPs, will participate in the three-day Egypt Economic Conference 2022, which is due to kick off on Sunday and aims to draw up an economic roadmap for Egypt, the cabinet's spokesperson Nader Saad said on Saturday.
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World
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Region
10/21/2022 7:12:40 PM
The United Nations agency for Palestinian refugees (UNRWA) appealed Friday for $13 million in funding to support Palestinians in Lebanon, as the country reels from an unprecedented economic crisis.
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Business
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Economy
10/21/2022 4:02:00 PM
British government debt rose to the highest level in almost 60 years last month and retail sales slumped, underscoring the scale of the economic challenges facing whoever replaces Prime Minister Liz Truss after her administration imploded under the weight of its failed financial plan.
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Al-Ahram Weekly
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Egypt
10/21/2022 10:30:00 AM
Al-Ahram Weekly talks to World Bank Country Director for Egypt, Yemen, and Djibouti Marina Wes about Egypt’s growth prospects amid the ongoing global economic conditions
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Business
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Economy
10/20/2022 4:41:29 PM
The London stock market and the pound bounced on Thursday after British Prime Minister Liz Truss announced her resignation following disastrous policies that rocked the markets for weeks.
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World
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International
10/20/2022 2:50:45 PM
The opposition Labour Party leader, Keir Starmer, called for an immediate general election shortly after the Tory leader announced her resignation on Thursday afternoon - less than six weeks in office amid an unforlding economic crisis.
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Al-Ahram Weekly
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Opinion
10/20/2022 10:37:00 AM
High population growth can hamper development, welfare, and security, which is why Egypt is targeting a reduction in its population growth rate over the next 10 years.
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Business
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Economy
10/19/2022 11:04:46 PM
The Egypt Economic Conference 2022 is set to kick off on Sunday in Cairo, with the participation of economists and businessmen, to draw a roadmap for the future of the Egyptian economy, the Egyptian government announced on Wednesday.
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Egypt
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Foreign Affairs
10/19/2022 8:56:19 PM
Egypt’s Foreign Minister and President Designate of COP27 Sameh Shoukry said on Wednesday that the Egyptian government is keen on facilitating British investments in various sectors of the Egyptian economy.
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World
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International
10/19/2022 10:47:35 AM
British Prime Minister Liz Truss is set to address lawmakers in parliament on Wednesday for the first time since abandoning her tax-slashing economic agenda, as she seeks to reassert her waning political authority.
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Egypt
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Urban & Transport
10/19/2022 10:47:03 AM
Egypt’s President Abdel-Fattah El-Sisi has called on private sector companies to engage in projects to extract heavy economic metals from black sand.
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World
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International
10/19/2022 10:05:02 AM
U.K. inflation accelerated to a 40-year high in September as the soaring cost of food squeezed household budgets.
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Al-Ahram Weekly
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Features
10/18/2022 8:10:48 PM
Egypt’s real estate sector remains a reliable investment in the face of economic strains and booming prices, experts tell Mai Ghandour
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