A prescription for restoring economic normalcy
Sharp swings have been observed in Egypt’s FX black market after the news of the signing of an agreement to…
Egypt, UAE sign agreement to prevent double taxation
Egypt and the United Arab Emirates (UAE) signed an agreement on Sunday to eliminate double taxation on income and…
Jeff Bezos sells 12 million Amazon shares
Jeff Bezos disclosed to federal regulators that he had sold almost 12 million shares of Amazon stock, which was…
Rate cuts depend on March outlook – ECB official
The European Central Bank (ECB) rate cuts will depend on the new outlook for inflation and economic growth, set to…
IMF: Red Sea shipping activity down 50% due to Gaza war
Shipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the conflict in Gaza,…
IMF chief confident in economic outlook despite uncertainties
International Monetary Fund’s (IMF) managing director Kristalina Georgieva expressed confidence on Sunday in the…
France’s €2B bet on climate change solutions
The French state has committed to guaranteeing €2 billion ($2.2 billion) in loans for businesses that are investing…
Egypt’s inflation down in January
Egyptian inflation slowed for the fourth straight month, the Central Agency for Public Mobilisation and Statistics…
EGX closes all green on Feb. 8
Egypt’s Stock Exchange (EGX) closed in the green area on Thursday, with the main index, EGX30 rising by 1.81 per…
India targets multi-year oil purchase deal with Guyana
India intends to enter into a multi-year oil purchase agreement with Guyana and purchase interests in the South…
