International News Fed’s preferred inflation measure rose 0.3% in September – data Nada Ali Oct 30, 2022 0 The Federal Reserve’s preferred inflation measure rose 0.3 percent in September, as the cost of gasoline eased,…
Tech/AI Elon Musk finally takes control of Twitter in $44 billion deal Nada Ali Oct 30, 2022 0 The billionaire Elon Musk has finally completed his $44 billion takeover of Twitter, according to a filing with the…
Industry & Trade Russia suspends Ukrainian grain export deal, following attack on Sevastopol Nada Ali Oct 30, 2022 0 Russia has suspended its participation in UN-brokered agreement to export grain for Ukraine, following drone…
Industry & Trade EGAS, Shell, 3 other firms to study building LNG bunkering hub in Suez Canal Nada Ali Oct 30, 2022 0 Egyptian Natural Gas Holding Company (EGAS) signed a letter with Shell Global, Pyramid Navigation, Infinity Solar,…
News Egypt launches new maritime cable Red2Med – minister Nada Ali Oct 27, 2022 0 Egypt’s Ministry of Communications and Information Technology has inaugurated on Wednesday a new fully owned cable…
Banks ECB raises interest rate by 75 basis points to combat inflation Nada Ali Oct 27, 2022 0 The European Central Bank (ECB) has increased on Thursday a 75-basis point interest rate to combat inflation…
Banks Egypt’s central bank aims to double foreign reserves in 4 years – Hassan Abdalla Nada Ali Oct 27, 2022 0 Egypt's central bank aims to rebuild stronger foreign reserves and to be doubled within four years, said its…
EGX Egypt’s capital market earns EGP25 billion after interest rate hikes Nada Ali Oct 27, 2022 0 Egyptian stock exchange (EGX) indices rose on Thursday's trading session and the market capital gained 25 billion…
Featured Egyptian pound falling to EGP 22.35 against dollar Nada Ali Oct 27, 2022 0 The Egyptian pound is falling against the U.S. dollar on Thursday to record 22.35 Egyptian pounds for sale, while…
Egypt News Egypt increases minimum wage for public employees to EGP 3,000 – PM Nada Ali Oct 26, 2022 0 Egypt’s Prime Minister Mostafa Madbouly announced on Wednesday that the government has raised the minimum wage for…