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Business
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Markets & Companies
3/14/2024 11:10:08 AM
Asian shares mostly declined Thursday in lackluster trading after U.S. stocks drifted to a mixed finish.
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Al-Ahram Weekly
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Egypt
3/13/2024 10:14:00 PM
In a busy week Egypt floated the pound, signed an enhanced IMF deal, and received the thumbs up from international financial institutions, reports Al-Ahram Weekly.
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Business
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Economy
3/13/2024 3:22:55 PM
The European Union (EU) will provide Egypt with a €7.4 billion (over $8 billion) package varying between grants and loans. The package is meant to shore up Egypt's economy from the the repercussions of the Israel war on Gaza and the conflict in Sudan, Financial Times (FT) reported on Wednesday.
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Sports
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World
3/13/2024 10:48:29 AM
Banned by UEFA from European competitions this season for breaking financial rules, Juventus still qualified for the 2025 Club World Cup on Tuesday when Napoli went out of the Champions League.
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Business
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Economy
3/11/2024 10:53:23 AM
Stock markets mostly fell Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this week.
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Business
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Economy
3/7/2024 11:04:17 PM
Benchmark U.S. crude oil for April delivery fell 20 cents to $78.93 per barrel Thursday. Brent crude for May delivery was unchanged at $82.96 per barrel.
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Business
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Economy
3/7/2024 6:26:38 PM
U.S. stocks are climbing Thursday, helping Wall Street erase its losses from earlier in the week.
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Sports
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World
3/5/2024 1:31:00 PM
Aston Villa insisted the club is operating within the financial rules of the English Premier League despite reporting a loss of 119.6 million pounds ($151 million) in its latest accounts on Tuesday.
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Business
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Markets & Companies
3/5/2024 11:45:00 AM
The company's financial performance for 2023 reflected strong results, with sales reaching 2.24 billion Egyptian pounds, a 23% increase over the previous year. Operating profits amounted to 74 million pounds, marking a 157% increase over the previous year. These figures were disclosed through the financial statements announced for the fiscal year 2023 for GlaxoSmithKline Egypt.
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Business
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Economy
3/4/2024 11:32:42 AM
Asian stocks were mostly higher Monday ahead of China’s top annual political gathering, while Japan’s benchmark surpassed the 40,000 level for the first time.
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Sports
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Egyptian Football
3/2/2024 12:43:26 PM
Zamalek could be hit with another transfer ban as not all outstanding financial cases have been resolved, Club President Hussein Labib warned on Friday.
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Opinion
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2/29/2024 8:15:00 PM
What happens in the United States does not stay in the United States. The global economy depends on America to act as a main engine of growth, and global financial markets depend on US investors’ outsize appetite for risk.
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Business
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Economy
2/28/2024 11:03:33 PM
Egypt’s Minister of Finance, Mohamed Maait, emphasized that amid the various challenges faced by the global economy, there is a strong need for flexible financial policies.
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Sports
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World
2/26/2024 4:26:58 PM
Everton's penalty for breaching Premier League financial rules has been reduced from 10 points to six following an appeal, the English top flight announced on Monday.
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Business
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Economy
2/26/2024 10:58:07 AM
Asian shares mostly declined Monday, although Tokyo's benchmark Nikkei 225 index reached another record high.
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Business
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Economy
2/22/2024 12:17:12 PM
The Central Bank of Egypt (CBE) released the core set of financial inclusion indicators for 2023, highlighting a notable rise in the country's financial inclusion rates.
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War on Gaza
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War on Gaza
2/19/2024 4:46:38 PM
Norway, which heads the international donor group for the Palestinians, said it has negotiated a temporary scheme between Israel and the Palestinian Authority (PA) to avert a financial collapse for the territories.
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Business
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Economy
2/15/2024 1:47:41 PM
The Central Bank of Egypt has approved raising the share of Vodafone Egypt at the e-payment services provider Basata Holding for Financial Payments to 20 percent, according to a joint statement by the two sides.
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World
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International
2/11/2024 11:35:06 AM
White House hopeful Donald Trump said on Saturday he would "encourage" Russia to attack members of NATO who had not met their financial obligations, his most extreme broadside against the military alliance he has long expressed skepticism about.
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Business
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Markets & Companies
2/7/2024 11:16:51 AM
Asian shares were mostly higher Wednesday, tracking gains on Wall Street, although Tokyo's benchmark slipped slightly.
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