Featured S&P Global: UK consumer confidence stuck in negative territory Aya El Sayed Jun 23, 2025 0 UK consumer confidence remained deeply negative in June, with households facing mounting financial pressure from…
Featured UK grocery inflation hits 15-m high Aya El Sayed May 28, 2025 0 UK take-home grocery sales grew by 4.4 per cent in the four weeks to 18 May compared with a year earlier, according…
Featured Germany’s consumer sentiment rises in June ’25 Aya El Sayed May 27, 2025 0 Germany’s consumer sentiment is set to improve moderately in June, with the GfK Consumer Climate Index forecasting…
Money Egypt’s debt to reach 83% of GDP in FY2019/20 Amwal Al Ghad English Dec 23, 2019 0 Egypt’s public debt is expected to decline this financial year at 83 percent from 90.5 percent at the end of last…
Industry & Trade Arab world’s energy subsidy bill shrinks to $98 billion in 2017: AMF Yomna Yasser Feb 10, 2018 0 Spending on energy subsidies in the Arab world has dropped to around $98 billion in 2017 from $117 billion in 2015,…
Banks Egypt government spent $5.65bn over-budget in 2016-17 due to currency float Yomna Yasser Nov 4, 2017 0 Egypt’s government spent over 100 billion Egyptian pounds ($5.65 billion) more than it planned to in the 2016-17…
Egypt News Egypt to shrink spending to limit budget deficit Noha Gad Oct 22, 2016 0 The Egyptian government announced on Thursday its decision to cut down spending by 15 to 20 per cent to limit the…
Industry & Trade Oil subsidies spending drop 23%, hit $6bn in FY2015-16: Egypt’s EGPC Noha Gad Aug 15, 2016 0 The total volume of spending on Egypt's oil subsidies dropped 23 percent in financial year 2015-16, Chairman of…
Tech news Audi favors electric cars, services in new strategy: sources Ghada Ismail Jul 19, 2016 0 Audi will boost spending on digital technologies and electric cars over the next decade, sources at the German…
Industry & Trade BP eyes more spending cuts after 80% profit drop Noha Gad Apr 26, 2016 0 BP (BP.L) said on Tuesday it could cut capital spending further after reporting an 80 percent drop in profits in…
Egypt News Pentagon to hike spending request to fund fight versus ISIS- Reuters Noha Gad Feb 2, 2016 0 President Barack Obama's administration will seek a significant increase in funding for the fight against Islamic…
MENA News Saudi Arabia set to announce 2016 budget amid oil plunge aya salah Dec 28, 2015 0 Saudi Arabia, seeking to cope with the lowest oil prices in more than a decade, may announce cuts in capital…
forex news U.S. oil export ban ‘very likely’ to be lifted in spending bill Noha Gad Dec 12, 2015 0 The 40-year-old ban on most U.S. crude oil exports will "very likely" be lifted in the government spending bill,…
Egypt News Egypt’s budget deficit rose 2.8 % in Q1 of FY2015/2016 aya salah Dec 12, 2015 0 Egypt’s total budget deficit rose to register 2.8 percent of the country’s gross domestic product during the first…
Industry & Trade VW cuts 2016 capital spending plan as cheating scandal widens Noha Gad Nov 21, 2015 0 Volkswagen AG (VOWG_p.DE) cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its…
Egypt News Al Jazeera’s Greste fears Egyptian Conviction in Absentia Noha Gad May 29, 2015 0 Al Jazeera reporter Peter Greste, deported after spending 400 days in an Egyptian jail on charges that included…
International News China Ramps Up Spending To Spur Economy, Central Bank Sees Stable Policy Amwal Al Ghad English Jun 11, 2014 0 China's central bank said on Wednesday it will keep monetary policy steady in 2014, even as the finance ministry…
Financial Institutions Fitch: Public Finances Remain Egypt’s Main Rating Weakness Yomna Yasser Feb 20, 2014 0 Egypt's public finances remain the main weakness in the country's sovereign credit profile, despite a slight…
Egypt News Egypt’s New Budget to Boost Spending by 15% Administrator May 10, 2012 0 Egypt's Finance Ministry has submitted a draft budget to the cabinet that would increase spending by 15 percent in…
Egypt News Egypt Plans Spending Increase Next Fiscal Year Administrator May 9, 2012 0 Egypt plans to increase spending by 15 percent in the fiscal year starting in July, the state-run Al- Ahram…
International News Spain into Recession Again Administrator Apr 30, 2012 0 Spain has tipped back into recession, an official estimate confirms, even as the government pressed ahead with…
International News US Consumer Spending Rises as Incomes Increase Administrator Apr 30, 2012 0 Consumer spending in the U.S. climbed in March after the biggest gain since August 2009, and incomes picked up,…
Internet News Google Targets SMEs with Video Version of Search Advertising Administrator Apr 29, 2012 0 JUST three weeks after the Federal Court found Google was responsible for false and misleading advertising through…
Indices news Amazon Soars as Digital Sales Support Margins Administrator Apr 29, 2012 0 Amazon.com Inc's stellar quarterly results are helping convince skeptics on Wall Street that a bout of intense…
Tech news KSA’s IT spending Reaches $5.7bln by 2014 Administrator Apr 25, 2012 0 According to market research firm RNCOS, Saudi Arabia's information and communication technology (ICT) market has…
Tech news ZTE Undercuts Rivals as U.S. Carriers Reduce IPhone Subsidy Administrator Apr 25, 2012 0 ZTE Corp. -China’s second-largest maker of phone equipment- said it has a chance to undercut competitors including…
Tech news AT&T Profit Beats Estimates as iPhone Boosts Bills Administrator Apr 24, 2012 0 AT&T -the largest US phone company- posted first-quarter earnings that beat analysts' estimates after more…
International News Thousands Protest Against Austerity in Prague Administrator Apr 22, 2012 0 Tens of thousands of Czechs have demonstrated in Prague against spending cuts, tax rises and corruption. The…
Tech news Ad Spending Increases Globally by 6.2% in Q4 Administrator Apr 9, 2012 0 Advertisers increased spending 6.2 % in the fourth quarter compared with a year earlier, according to Nielsen…
Tech news Outlook for IT Spending Reduces in 2012 Administrator Apr 7, 2012 0 Research firm Gartner has trimmed its outlook for IT spending in 2012 as a stronger US dollar and public spending…
MENA News Visa Shows a Massive Increase in International Spending During “DSF” 2012 Administrator Mar 29, 2012 0 International visitors to the UAE during the Dubai Shopping Festival 2012 (DSF) broke their spending records…