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Al-Ahram Weekly
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Opinion
1/23/2024 6:08:54 PM
Even if calls for greater economic self-reliance may be an understandable response to a world moving away from openness, they risk fuelling even greater systemic instability, writes Edoardo Campanella
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Al-Ahram Weekly
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Opinion
1/23/2024 5:19:55 PM
The main message coming out of the World Economic Forum in the Swiss resort of Davos this month was that the world is in deep crisis with no one sure of its overall direction, writes Hussein Haridy
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Business
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Energy
1/22/2024 8:43:18 PM
President Abdel-Fattah El-Sisi affirmed Egypt's keenness to play a major role in the international clean energy transition, which will benefit Egypt at the economic and environmental levels.
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Business
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Economy
1/21/2024 4:28:10 PM
The National Bank of Egypt (NBE), Egypt's largest state-owned bank, has amassed around EGP 2.1 billion through the execution of five exit deals across various economic sectors in 2023, Ahmed El-Said, Chief Investment Officer and Investment Trustee of NBE, said on Sunday.
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War on Gaza
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War on Gaza
1/19/2024 6:20:57 PM
A senior Houthi official on Friday said that the goal of the Yemeni group's attacks on Israeli-linked ships in and around the Red Sea is not to halt global shipping but to raise the "economic costs" and force Israel "to stop the carnage in Gaza."
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Business
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Economy
1/18/2024 9:39:06 PM
To fortify its economy over the next presidential term, Egypt has rolled out an extensive eight-directional economic strategy spanning 2024-2030.
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Business
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Economy
1/17/2024 9:08:25 PM
The Kuwaiti Alshaya Group, a key regional operator overseeing renowned brands such as American Eagle, H&M, and Victoria’s Secret, decided to scale down operations in Egypt, closing some stores in response to the prevailing economic challenges, the company announced in an email to Ahram Online.
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Business
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Economy
1/17/2024 2:52:06 PM
The cabinet’s Information and Decision Support Centre (IDSC) launched the first national dialogue session on the eight-direction document of Egypt's economic strategy for 2024-2030.
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Life & Style
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Health
1/17/2024 12:04:04 PM
The huge gap between how women and men's health are treated costs $1 trillion a year worldwide, the World Economic Forum said on Wednesday.
Women spend a quarter more of their lives suffering from poor health than men, a disparity that includes an unequal focus on men across medical research, diagnosis and treatment, the report said.
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World
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International
1/17/2024 10:17:06 AM
The top diplomats of Iran and the United States sit down for public — and separate — one-on-one chats while the U.N. chief and leaders of France, Argentina and Spain will deliver speeches as the World Economic Forum's annual meeting saunters into a busy second day on Wednesday.
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Al-Ahram Weekly
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Economy
1/16/2024 9:20:21 PM
The government’s newly released six-year economic strategy includes ambitious targets for foreign investment, exports, and the exchange rate of the Egyptian pound, reports Gamal Essam El-Din
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Business
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Economy
1/16/2024 2:14:55 PM
Africa Finance Corporation (AFC) and International Islamic Trade Finance Corporation (ITFC) are set to extend a $250 million Sharia-compliant trade loan to Egypt, providing a vital shot in the arm for the country's economic resilience.
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Business
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Economy
1/16/2024 12:40:38 PM
The Egyptian government is prioritizing the stimulation of investment, production, and exports in order to boost economic growth in the future, said Rasha Abdel-Aal, acting head of the Egyptian Tax Authority (ETA).
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Business
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Economy
1/15/2024 7:43:32 PM
Egypt’s real GDP growth rate slowed to 2.65 percent in the first quarter of the fiscal year 2023/2024 from 4.4 percent in the same quarter of FY2022/2023 (July-September), according to data released by the Ministry of Planning and Economic Development on Monday.
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Business
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Economy
1/10/2024 5:04:48 PM
Egypt's Minister of Trade and Industry Ahmed Samir held a meeting with his Bahraini counterpart Abdullah bin Adel Fakhro to discuss bolstering economic relations on the sidelines of the fourth meeting of the higher committee for Integrated Industrial Partnership for Sustainable Economic Development.
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Business
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Economy
1/9/2024 10:55:54 PM
The World Bank downgraded its forecasts for Egypt’s real GDP growth for 2024 to 3.5 percent from 3.7 percent in a previous estimate, according to the Global Economic Prospects report released on Tuesday.
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Business
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Economy
1/9/2024 9:24:28 PM
A high-level delegation from the Egyptian government has arrived in Washington DC to push forward Egypt's almost standstill loan programme with the International Monetary Fund (IMF), in addition to exploring a new additional loan for the country amid its ongoing serious economic situation.
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Al-Ahram Weekly
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Opinion
1/9/2024 7:52:56 PM
A series of virulent disruptions have wrought havoc on the world economy, accompanying a growing realisation that the world is fragmenting both politically and economically, writes Mahmoud Mohieldin
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Business
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Economy
1/9/2024 5:00:32 PM
The Egyptian government launched in January a comprehensive eight-direction economic strategy for the period 2024-2030, the document of which tackles several aspects of economy and quality of life.
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Business
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Economy
1/4/2024 5:28:45 PM
Egypt's economy expanded faster than planned in the fiscal year (FY)2022/2023, driven by double-digit gains in sectors ranging from tourism to infrastructure, the Minister of Planning and Economic Development Hala El-Said stated on Wednesday.
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