Oil prices edge higher on Thursday
Oil prices inched up on Thursday as a larger-than-expected draw in US crude inventories countered speculation that…
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Washington
Egypt, EU discuss second tranche of €4b financial aid ahead of summit
Egypt’s Minister of Planning, Rania El-Mashat, discussed on Saturday the release of the second tranche of the €4…
Egypt, MIGA discuss boosting investment guarantees to attract private financing
Egypt’s Minister of Planning and Economic Development Rania Al-Mashat met Saturday with Hiroshi Matano, Executive…
EU, US seal landmark trade deal with 15% tariff cap
The European Union and the United States have struck a sweeping trade agreement stabilising tariffs at a single 15…
Japan’s PM urges full tariff removal in US trade talks
Japanese Prime Minister Shigeru Ishiba restated on Sunday his commitment to pursuing the removal of all tariffs in…
Japan denies using US Treasury holdings as trade leverage
Japan's Finance Minister clarified on Sunday that the country does not intend to use its $1 trillion-plus holdings…
Egypt’s FinMin highlights need for development funding in Africa
Egypt’s Finance Minister, Ahmed Kouchouk, emphasised the importance of providing development funding to help…
Egypt’s FinMin eyes international financing tools with MIGA
Egypt’s Minister of Finance, Ahmed Kouchouk, emphasised on Sunday the country’s openness to all international…
Egypt welcomes Congo-Rwanda peace declaration signed in Washington
Egypt on Saturday welcomed the signing of a Declaration of Principles by the governments of the Democratic Republic…
Oil prices plunge to 4-year lows on Wed
Oil prices plunged to four-year lows on Wednesday, with Brent crude falling $4.02, or 6.40 per cent, to $58.80 a…
Global markets rebound on Tuesday
Global stock markets rebounded on Tuesday after three days of sharp losses wiped trillions of dollars off share…
ECB officials question Fed dollar backstops under Trump
Some European central banking and supervisory officials are informally debating whether they can still rely on the…
ECB’s Lagarde calls for EU-US dialogue to avoid trade war fallout
European Central Bank (ECB) President Christine Lagarde urged for dialogue rather than retaliation in response to…
Asian shares slip as inflation worries persist
Asian shares dropped on Thursday and the dollar strengthened slightly as investors considered US data indicating…
Asian stocks decline amid US tariff concerns
Asian stocks declined on Wednesday, and currencies fluctuated as investors grew concerned about the potential for…
Asian markets drop amid Trump’s tariff threats
Asian stocks fell on Tuesday following US President-elect Donald Trump's threat to increase trade tariffs on China…
Egypt’s FM spotlights US investment opportunities
Egypt's Minister of Foreign Affairs, Immigration, and Egyptians Abroad, Badr Abdelatty underscored the pivotal role…
US to widen sanctions on semiconductor sales to Russia
The US government plans to announce wider sanctions targeting semiconductor chip sales and other goods to Russia,…
Venezuelan oil exports drop by 38% in April
Venezuelan oil exports experienced a significant drop of 38 per cent in April, as tanker owners and clients…
Pakistan seeks new IMF loan by July – FinMin
Pakistan is aiming to secure a new loan agreement with the International Monetary Fund (IMF) by early July,
Egypt sees $400m in budget support from UK – minister
Egypt is anticipating a $400 million infusion in budget support from the UK over two years, marking the latest…
African public health indicators at risk – Egypt’s FinMin urges action
Egypt’s Finance Minister Mohamed Maait has raised concerns about worsening public health indicators across Africa…
Shein profits double to over $2bn in ’23
Shein, an online fast-fashion retailer, has more than doubled its profits of $2 billion in 2023 and is awaiting…
Western nuclear fusion backers to meet in US amid China threat
Western nuclear fusion industry leaders are gathering in Washington, D.C., this week to discuss strategies for…
Bezos’ Amazon stock sale closed at $8.5bln
Jeff Bezos completed the plan to sell up to 50 million shares in just nine trading days by offloading 14 million…
China’s population shrinks, birth rate drops – NBS
In 2023, China’s population decreased by 2.08 million, or 0.15%, settling at 1.409 billion, as reported by Reuters…
Pacific Northwest heat wave may break records
An early heat-wave this weekend might exceed May’s recorded temperatures in areas of the Pacific Northwest, as the…
China’s exports up 8.5% in April
Chinese exports grew by 8.5 percent in April and reached $295.4 billion, according to customs data announced on…
World’s 9 most expensive cities for business trips
A new report showed the most expensive cities to travel to for a business trip, with four U.S. cities on the list,…
Washington state to charge companies for carbon emissions
Washington state has announced on Tuesday it will start implementing a cap programme which forces companies to pay…
Washington welcomes resumption of Yemen’s Sanaa and Egypt’s Cairo flights
Washington has on Wednesday welcomed the resumption of flight between Sanaa, Yemen, and Cairo, Egypt, according to…
U.S. Trump says he is staying in Washington to protect law, order
U.S. President Donald Trump on Friday canceled a planned weekend visit to his golf resort in Bedminster, New…
U.S. President Trump to meet with Polish Duda at White House next week
U.S. President Donald Trump will meet with Polish President Andrzej Duda in Washington next week, the first visit…
Amazon employee based in Seattle tests positive for coronavirus
Amazon said on Wednesday that an employee in one of its Seattle, Washington offices tested positive for the…
Coronavirus drives IMF, World Bank to hold ‘virtual’ spring meetings
The International Monetary Fund (IMF) and the World Bank said on Tuesday they would adopt a “virtual format” for…
Trump urges pharmaceutical firms to speed up coronavirus vaccine finding
U.S. President Donald Trump said on Monday his administration has urged pharmaceutical companies to speed up work…
Washington confirms second coronavirus death; New York reports first case
Health officials in Washington state said late Sunday that a nursing home resident had died after contracting…
Al-Mashat visits National Geographic’s Queens of Egypt exhibition in Washingto
Egypt's Tourism Minister Rania Al-Mashat highlighted Egypt's efforts to promote women's empowerment during her…
British minister to head to Iran for ‘frank and construction’ talks
Britain’s Middle East Minister Andrew Murrison is heading to Iran on Sunday for “frank and constructive” talks, the…
Beijing says won’t yield to any U.S. pressure over trade
China’s commerce ministry Beijing will not yield to any “maximum pressure” from Washington, and any attempt by the…