UK tops industrial energy prices among advanced economies
UK must urgently cut its industrial energy bills—the highest among major advanced economies—to support a healthy…
Browsing Tag
European countries
Global unemployment remains at record low of 5% in ’24
Global unemployment stayed at an all-time low of 5 per cent last year and is expected to remain at that level in…
Fitch: European housing markets to see price growth in ’25
House prices are set to rise in six of the seven European countries surveyed in Fitch Ratings’ latest Global…
European gas storage levels remain high
Gas withdrawal from European underground storage facilities has decreased slightly, but still surpasses the…
BlackRock rolls out five climate transition ETFs
BlackRock, the world’s largest asset manager with $10.5 trillion in assets, has introduced a suite of five climate…
Belgium’s growth to dip in ’24 – OECD
Belgium’s economy is set to experience a slowdown, with growth projected to dip to 1.3 per cent in 2024, from 1.5…
Russian court revokes JPMorgan fund seizure
A Russian court overturned the decision to seize a portion of JPMorgan Chase’s assets in Russia amidst a legal…
Russian asset seizure hits Europe, US unaffected
The confiscation of Russian assets will significantly impact Europe but will not greatly concern the US, according…
China-Europe freight train trips surge in Northeast Ports in Q1
Northeast China's ports of Manzhouli, Suifenhe, and Tongjiang Railway Port have recorded over 1,400 China-Europe…
Egypt’s FX revenues fall 24% in 2022-2023
Egypt's foreign exchange revenues totalled $121.9 billion in 2022-2023, down 24 per cent from $160.5 billion in…
Empowering Women for Empowering Egypt job fair kicks off on March 3
The third edition of the Egyptian Women’s Summit is hosting the first women's employment fair, themed “Empowering…
Top diplomats to attend Egyptian Women’s Summit on March 3
Top diplomats from Arab, US and European countries are scheduled to attend the third edition of Egyptian Women's…
EDF Energy to prolong U.K. nuclear plants’ lifespan
Britain’s biggest generator of zero-carbon electricity, EDF Energy, announced on Tuesday that it plans to prolong…
European energy markets face 3 main challenges – IEA’s chief
The International Energy Agency's (IEA) head, Fatih Birol, said that he expects European oil markets to face three…
Germany aims to import more LNG from Egypt – ambassador
Germany is keen to import large quantities of liquefied natural gas (LNG) from Egypt that will be used in homes,…
Greece train crash leaves at least 36 dead, 85 injured
Passenger train carrying about 350 passengers collided at high speed with freight train, leaving 36 dead and 85…
German inflation still high to record 9.2% in January
Germany’s inflation continues to rise at the beginning of the year to set at 9.2 percent in January due to the…
U.S. among 34 countries ask for IOC ban for Russian, Belarusian athletes
In a joint statement published on a UK government website on Monday stated that more than 30 countries have…
Europeans enjoy weekend of sun as coronavirus lockdown measures ease
People are enjoying the sun in parks and beaches in many European countries over the weekend, as coronavirus…
European countries await UK’s letter asking for Brexit delay
European countries are expecting a letter from Prime Minister Theresa May on Wednesday, requesting a delay to the…
Europe struggling to set up trading vehicle for Iran: Zarif
European countries are finding it difficult to set up a Special Purpose Vehicle (SPV) to allow non-dollar trade…
Iran’s Khamenei says Europe cannot save nuclear deal, help economy
Iran’s Supreme Leader Ayatollah Ali Khamenei on Wednesday cast doubt on the ability of European countries to save…
Egypt negotiating €800 million finances from some European countries – minister
Egypt is negotiating a number of European countries to obtain €800 million ($868.5 million) in finances, Egyptian…
$7.5bn Tourism Income to Egypt in 2014: Minister
Egypt's tourism revenues in 2014 rose to $7.5 billion from $5.9 billion the previous year, the tourism minister…
Egyptian Leather Exports Grow 22% to EGP1.3bn in 10 Months
Leather Export Council of Egypt revealed that the volume of exports rose by 22% to register around EGP1.3 billion…
Italy and Germany to Lift Egypt Travel Ban
Great news for Egypt's struggling tourism industry. According to a statement released by the Ministry of Tourism,…
Swifax Egypt Plans Injecting EGP250mn Investments in 2014
Swifax Egypt For Chocolate Company plans pumping EGP250 million fresh investments within 2014. Sales &…
TUI Deutschland GmbH Plans to Boost its Investments in Egypt
Michael Frenzel, Chairman of the Supervisory Board TUI Deutschland GmbH and TUIfly GmbH asserted that TUI is…
Samsung’s Egypt Factory to Export LED Screens Products to Europe
Samsung Egypt -Beni Suef factory announced recently for its starting to export local LED screens manufacture to a…
Egypt’s Investment Minister, European Ambassador Discuss Mutual Investments
Egyptian Minister of Investment Yehia Hamad will hold today a meeting with some ambassadors of the European…
Egypt’s Govt: Tourism’s Revenues In 4 Months Hit $3.4 bln
On Tuesday morning, the Egyptian cabinet unveiled that the number of the inbound tourism to Egypt during April 2013…
CBE: Tourists Number Declined To 1.1 mln In November 2012
The number of tourist arrivals in Egypt fell to 1.103 million tourists by the end of November 2012, compared to…
Zazou: Political Turmoil Impacts On Cultural Tourism
The rate of tourism in Cairo and the surrounding areas has been affected by the latest political tensions, said…
EU Offers Free Trade Agreement To Egypt, Bolstered By $6.5Bln Loans
During the fiscal year 2012/2013, the European Union (EU) offers more than $ 6.5 billion long-term grants and soft…
CBE: Oct Witnessed Highest Rates of Inbound Tourism In 2012
According to the data of the Central Bank of Egypt (CBE), 1.163 million tourists visited Egypt last October, which…
Hatem Saleh: Egypt Respects All Investment Contracts
Egypt respects all investment contracts, said Hatem Saleh- Egyptian Minister of Industry and Foreign Trade. He…
Egypt’s Economy Necessitates More Italian Investments: Khaled Abou Bakr
Mr Khaled Abou Bakr, Head of the Egyptian side at the Egyptian Italian Business Council, said the economic state in…
Galaxia Tours Loses 12% of Its Tourists
Mohamed Hassanin, Head of Galaxia Tours, said the number of tourists that the company receives declined by 12%,…
Several African Countries Ahead Of Europe In The Race To LTE
Several African operators have beaten a host of European countries including UK, France and Italy in the race to…