Egypt adopts proactive economic approach, FinMin tells investors in Washington
Egypt is taking a proactive approach to managing economic challenges through close coordination across state…
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economic challenges
China injects $233b in year-end liquidity boost
China’s central bank injected 1.7 trillion yuan ($233 billion) into the financial system in December, ramping up…
PM: Egypt targets $22b in tourism revenues for ’24
Prime Minister Moustafa Madbouly announced that Egypt is targeting $22 billion in tourism revenues for 2024, with…
ECB warns high sovereign debt could stifle growth
European Central Bank (ECB) Vice President Luis de Guindos warned on Monday that high levels of sovereign debt…
UK house prices 2.8% up in August ’24
Average UK house prices rose by 2.8 per cent to £293,000 in the 12 months leading to August 2024, according to…
Belgium’s industrial production 0.3% up in August ’24
Belgium's industrial production index rose by 0.3 per cent in August 2024 compared to July 2024, according to…
China vows to address economic challenges
China's government reaffirmed its commitment to tackling economic challenges and achieve annual development goals.
ifo Institute expects ‘zero growth’ for Germany in ’24
The Ifo Institute has revised its economic growth forecast for Germany, now projecting zero growth for 2024, down…
German business sentiment falls in June – Ifo
German business morale saw a decline in June, highlighting ongoing concerns about the country's economic outlook.
Egypt injects EGP 60b in Export Support Initiative
Egypt’s Minister of Finance has announced the disbursement of 60 billion Egyptian pounds so far in the Export…
Council of Arab Finance Ministers kickstart meetings in Cairo
Egypt's new administrative capital welcomed the joint annual meetings of the Council of Arab Finance Ministers in…
Egypt initiates economic reforms amid global challenges – FinMin
Egypt has initiated economic reforms to address challenges and reduce risks from global and regional crises for…
Germany’s industrial production faces further decline in ’24 – BDI
Germany’s Federation of German Industries (BDI) warned on Monday that the country’s industrial production is likely…
British lender announces $100m financing pact for Africa
British International Investment, a development lender, announced a $100 million financing agreement with TDB.
Egypt’s budget initial surplus hits EGP 193b in 8 months
Egypt’s budget has significantly improved in the past eight months, showing an initial surplus of 193 billion…
German FDI in China hits 4.3% increase in ’23
German direct investment in China reached a record high of €11.9 billion ($12.7 billion) in 2023, a 4.3 per cent…
UniCredit targets ’24 success, to mirror ’23 performance
UniCredit bank announced on Monday that it aims to replicate its 2023 performance in 2024, despite economic…
Egypt may receive more funds from IMF amid economic challenges
Due to the economic impact of the Gaza crisis, the IMF is seriously considering a possible increase in the loan…
Egypt continues its leading support to Africa – Sisi
Egypt’s President Abdel Fattah al-Sisi said on Tuesday that the North African country continues to support efforts…
Volkswagen targets productivity in challenging year
German car maker Volkswagen's executives said on Wednesday that they need to focus on productivity to cope with the…
Egypt is ranked third at U.S. News Best Countries’ economic resilience
Egypt has been ranked third in Best Countries’ economic resilience category; in the “Best Movers” sub-category of…
Egypt is committed to finding solutions… we will spare no effort in mitigating any…
Dr. Nabil Fahmy, Minister of Foreign Affairs: In addition to this political process, we were also faced with…
Egypt’s Economy Will Meet Challenges – Presidential Spokesman
Presidential Spokesman, Yasser Ali, said on Tuesday that President Mohammed Morsi told the International Monetary…
S Sudan Inflation Hikes to 80% in May
Annual inflation in South Sudan shot up to nearly 80 percent in May, official data showed on Sunday, highlighting…