Egypt, OECD discuss strategic partnership, country programme progress
The personal representative of Egypt’s President Abdel Fattah El Sisi to the G20 and BRICS and Assistant Foreign…
Oil up on Thursday
Oil prices extended gains on Thursday as tighter supply prospects emerged following new US sanctions targeting…
EGP sees volatility against USD in early April 17 trade
The Egyptian pound (EGP) fluctuated against the US dollar (USD) in early trading on Thursday, April 17, 2025, at…
Suez Canal revenue hits $39.9 billion over 6 years, despite 2024 slowdown
The Suez Canal generated $39.919 billion in dollar-denominated revenue from 2019 through 2024, despite a sharp…
Egypt signs deal with AstraZeneca to localise advanced genetic testing
Egypt's Health Ministry has signed a letter of intent with pharmaceutical giant AstraZeneca to localise advanced…
Egypt, Tunisia discuss joint bank, trade routes to spur trade
Egypt and Tunisia are exploring the establishment of a joint bank and new trade routes as part of efforts to deepen…
Fitch sees ‘deeper’ rate cuts in Europe, emerging markets as growth slows
Central banks in Europe and emerging markets are poised to deliver “deeper rate cuts” in 2025 than previously…
Fitch: No Fed rate cuts until Q4
Despite rising recession risks and weakening economic growth, the US Federal Reserve is not expected to cut…
Fitch sees US growth slowing to a crawl in late 2025
The United States is headed for a sharp economic slowdown, with Fitch Ratings forecasting GDP growth of just 0.4…
Fitch sees China growth slipping below 4% amid trade war fallout
Fitch Ratings has lowered its growth forecast for China to under 4 per cent for both 2025 and 2026, citing…