English

Investors Press IMF on Egypt’s Currency After Pound Holds Steady

Friday, 01 November 2024 08:43 PM

Investors have pressed the International Monetary Fund for details about the Egyptian pound’s steady performance despite authorities’ commitment to a flexible exchange rate, according to people famili

US Payrolls Increase by Just 12,000, Hit by Storms and Strikes

Friday, 01 November 2024 07:12 PM

US hiring advanced at the slowest pace since 2020 in October while the unemployment rate remained low, a month distorted by severe hurricanes and a major strike at Boeing Co.

UK to Hike Taxes on Amazon, Online Giants to Help High Street

Friday, 01 November 2024 06:31 PM

The UK Treasury said it plans to raise business rates levied on large distribution warehouses used by online retailers such as Amazon.com Inc. in a move designed to fund lower tax bills for high stree

Mortgage Rates Jump for Fifth Week, With 30-Year Reaching 6.72%

Thursday, 31 October 2024 09:22 PM

Mortgage rates in the US rose for the fifth week in a row.

Currency Traders Are Positioning for Global Surge in Volatility

Thursday, 31 October 2024 06:49 PM

Traders are preparing for a surge in currency volatility around the world after the cost of hedging dollar moves over the next week climbed to the most expensive since early 2020.

Saudi Arabia's PIF signs MoUs worth up to $51 bln with Japanese banks

Thursday, 31 October 2024 06:40 PM

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) with Japanese financial institutions worth up to an overall $51 billion, it s

Chinese factory activity expands for first time in six months

Thursday, 31 October 2024 04:37 PM

Chinese factory activity strengthened for the first time in six months in October, in a heartening signal for policymakers as they prepare a crucial fiscal package to support the world’s second-larges

Pending Home Sales in US See Biggest Gain Since Summer 2020

Wednesday, 30 October 2024 06:39 PM

US pending home sales saw their biggest gain in more than four years in September, as a late-summer dip in borrowing costs and more selection on the market lured buyers.

Saudi Arabia Upbeat on FDI as 2030 Goal Remains Distant

Wednesday, 30 October 2024 05:39 PM

Saudi Arabia sees recent trends in foreign direct investment moving in the right direction, while conceding the kingdom has a long way to go to meet its 2030 goal of attracting $100 billion a year.

German Economy Avoids Recession But Not Broader Crisis

Wednesday, 30 October 2024 04:58 PM

Germany’s economy, Europe’s largest, has once again avoided a technical recession but businesses and consumers keep sending warning signals that the challenges engulfing the country are becoming harde

Mountain View Honored with Dual Accolades at the 2024-2025 African Property Awards Qualifying to Compete in The International Property Awards

Wednesday, 30 October 2024 04:41 PM

Mountain View announced securing two awards at the 2024-2025 African Property Awards, qualifying the company to compete in the International Property Awards

Schneider Electric First in Industry to Obtain Higher Level Cybersecurity Certification for EcoStruxure™ IT DCIM Solutions

Wednesday, 30 October 2024 04:32 PM

Simplifying the process of installing firmware Companies are challenged to keep up with firmware updates

Looming Debt Spiral in Emerging Markets Tests IMF and World Bank Safety Net

Tuesday, 29 October 2024 06:57 PM

A liquidity crunch is brewing across the developing world, raising pressure on US-backed international financial institutions to help poor nations meet mounting debt repayments and drive much-needed i

Biden Finalizes Curbs on US Investing in China Chip, AI Tech

Tuesday, 29 October 2024 05:52 PM

The Biden administration finalized restrictions on investments by US individuals and companies into advanced technology in China, including semiconductors, quantum computing and artificial intelligenc

La Vita Developmet starts constructions in La Vita 2 North Coast project reaching the second floor

Tuesday, 29 October 2024 04:53 PM

La Vita Development Company announced a strong start of the construction works in its leading project "La Vita 2" in the North Coast, among an ambitious plan through which the company aims to enhance

HSBC to Buy Back $3 Billion Shares as Profit Beats Estimates

Tuesday, 29 October 2024 04:45 PM

HSBC Holdings Plc announced a fresh multibillion-dollar stock buyback as it reported better-than-estimated earnings, days after unveiling a major overhaul of its businesses.

SODIC reports highest ever sales in a single quarter recording EGP 31 Bn in gross contracted sales in Q3 2024.

Tuesday, 29 October 2024 03:19 PM

Sixth of October Development & Investment Company “SODIC” has released its consolidated financial results for the nine months ended 30th of September 2024.

VW Seeks Unprecedented Plant Closings as Auto Crisis Deepens

Monday, 28 October 2024 07:42 PM

Volkswagen AG plans to close at least three factories, eliminate thousands of jobs and slash wages for tens of thousands of German workers as Europe’s biggest automaker tries to halt its tailspin.

Boeing Launches $19 Billion Share Sale to Thwart Downgrade

Monday, 28 October 2024 06:14 PM

Boeing Co. launched a nearly $19 billion share sale, one of the largest ever by a public company, to address the troubled planemaker’s liquidity needs and stave off a potential credit rating downgrade

Grocer Lulu’s $1.43 Billion Abu Dhabi IPO Sells Out in an Hour

Monday, 28 October 2024 05:29 PM

Lulu Retail Holdings Plc had demand for all shares in its 5.27 billion dirhams ($1.43 billion) initial public offering an hour after books opened on the deal.

Madinet Masr Achieves a Significant Leap in Sales, Recording the Highest Total Value of EGP 36.7 billion by Q3 2024

Monday, 28 October 2024 04:22 PM

Madinet Masr, one of Egypt's leading real estate developers, reported a strong performance during the first nine months of 2024

Israel Boasts Strategic Gains From Attack on Iran, But Quietly

Sunday, 27 October 2024 09:06 PM

After sending more than 100 fighter planes to attack Iran, the Israeli government is seeking to walk a fine line: Officials there believe the attack did significant strategic damage but want to allow

RSF Militia Attacks in Sudan Kill Over 120, Rights Group Says

Sunday, 27 October 2024 08:26 PM

More than 120 people were killed by militiamen belonging to the Rapid Support Forces in Sudan, a rights group said, as the United Nations decried indiscriminate shootings of civilians and acts of sexu

India Beefs up Defense Production With Airbus Plant in Gujarat

Sunday, 27 October 2024 06:12 PM

India will open its first private military aircraft manufacturing facility on Monday as the South Asian nation ramps up its local defense production to cut reliance on imports.

China Industrial Profits Extend Drop as Deflation Takes Tol

Sunday, 27 October 2024 05:02 PM

Profits at China’s industrial firms in September declined at a faster pace than a month earlier, as deflationary pressures sap the strength of corporate finances.

China Warns US It Will Respond to Latest Taiwan Weapons Sales

Sunday, 27 October 2024 04:55 PM

China said it filed a diplomatic complaint with the US and reserved the right to retaliate after the latest American weapons sales to Taiwan, escalating tensions in their dispute over the archipelago.

Morocco Aims to Loosen Currency Peg to Euro-Dollar in 2026

Saturday, 26 October 2024 06:13 PM

Morocco aims to loosen the kingdom’s exchange rate regime in 2026, returning to a gradual reform process that was halted during the pandemic, the central bank governor said in an interview.

Senegal to Revise IMF Program After Audit Shows Higher Deficit

Saturday, 26 October 2024 04:55 PM

Senegal’s program with the International Monetary Fund needs to be reworked after an audit showed higher debt and budget deficit than previously reported.

Elon Musk’s Wealth Soars $34 Billion as Tesla Comes Roaring Back

Friday, 25 October 2024 05:39 PM

Elon Musk added $33.5 billion to his net worth Thursday as Tesla Inc. shares posted their biggest gain in more than a decade, extending the world’s richest man’s lead atop the Bloomberg Billionaires I

US, Israel Say Gaza Cease-Fire Negotiators to Meet Next Week

Thursday, 24 October 2024 09:33 PM

The US is exploring different options to restart stalled talks between the warring parties and secure the release of hostages held by the Palestinian militant group, Secretary of State Antony Blinken

English

Investors Press IMF on Egypt’s Currency After Pound Holds Steady

US Payrolls Increase by Just 12,000, Hit by Storms and Strikes

UK to Hike Taxes on Amazon, Online Giants to Help High Street

Mortgage Rates Jump for Fifth Week, With 30-Year Reaching 6.72%

Currency Traders Are Positioning for Global Surge in Volatility

Saudi Arabia's PIF signs MoUs worth up to $51 bln with Japanese banks

Chinese factory activity expands for first time in six months

Pending Home Sales in US See Biggest Gain Since Summer 2020

Saudi Arabia Upbeat on FDI as 2030 Goal Remains Distant

German Economy Avoids Recession But Not Broader Crisis

Mountain View Honored with Dual Accolades at the 2024-2025 African Property Awards Qualifying to Compete in The International Property Awards

Schneider Electric First in Industry to Obtain Higher Level Cybersecurity Certification for EcoStruxure™ IT DCIM Solutions

Looming Debt Spiral in Emerging Markets Tests IMF and World Bank Safety Net

Biden Finalizes Curbs on US Investing in China Chip, AI Tech

La Vita Developmet starts constructions in La Vita 2 North Coast project reaching the second floor

HSBC to Buy Back $3 Billion Shares as Profit Beats Estimates

SODIC reports highest ever sales in a single quarter recording EGP 31 Bn in gross contracted sales in Q3 2024.

VW Seeks Unprecedented Plant Closings as Auto Crisis Deepens

Boeing Launches $19 Billion Share Sale to Thwart Downgrade

Grocer Lulu’s $1.43 Billion Abu Dhabi IPO Sells Out in an Hour

Madinet Masr Achieves a Significant Leap in Sales, Recording the Highest Total Value of EGP 36.7 billion by Q3 2024

Israel Boasts Strategic Gains From Attack on Iran, But Quietly

RSF Militia Attacks in Sudan Kill Over 120, Rights Group Says

India Beefs up Defense Production With Airbus Plant in Gujarat

China Industrial Profits Extend Drop as Deflation Takes Tol

China Warns US It Will Respond to Latest Taiwan Weapons Sales

Morocco Aims to Loosen Currency Peg to Euro-Dollar in 2026

Senegal to Revise IMF Program After Audit Shows Higher Deficit

Elon Musk’s Wealth Soars $34 Billion as Tesla Comes Roaring Back

US, Israel Say Gaza Cease-Fire Negotiators to Meet Next Week

Green

"فيتش" ترفع تصنيف مصر الائتماني إلى "B" مع نظرة مستقبلية مستقرة

وزير الاستثمار يؤكد استعداد مصر لتقديم مزيد من المبادرات لخدمة أهداف الكوميسا

وزير الخارجية يكشف خسائر قناة السويس نتيجة هجمات الحوثيين

حملة «100 يوم صحة» تقدم أكثر من 145 مليون خدمة مجانية خلال 92 يومًا

وزارة الثقافة: حوافز جديدة لدعم الناشرين المصريين في معرض القاهرة الدولي للكتاب

وزير الكهرباء يكشف عن آخر مستجدات خطة تنفيذ استراتيجية الطاقة

الأكثر قراءة

وزير الكهرباء يكشف عن آخر مستجدات خطة تنفيذ استراتيجية الطاقة

وزير البترول يستعرض مستجدات إنشاء بنك الطاقة الإفريقي

حملة «100 يوم صحة» تقدم أكثر من 145 مليون خدمة مجانية خلال 92 يومًا

وزير الخارجية يكشف خسائر قناة السويس نتيجة هجمات الحوثيين

المستثمرون يضغطون على صندوق النقد للحصول على تفاصيل بشأن استقرار الجنيه المصري

توقعات بإنفاق 200 مليار دولار هذا العام في استثمارات الذكاء الاصطناعي

حوارات

"فيتش" ترفع تصنيف مصر الائتماني إلى "B" مع نظرة مستقبلية مستقرة

وزير الاستثمار يؤكد استعداد مصر لتقديم مزيد من المبادرات لخدمة أهداف الكوميسا

وزير الخارجية يكشف خسائر قناة السويس نتيجة هجمات الحوثيين

حملة «100 يوم صحة» تقدم أكثر من 145 مليون خدمة مجانية خلال 92 يومًا

وزارة الثقافة: حوافز جديدة لدعم الناشرين المصريين في معرض القاهرة الدولي للكتاب

وزير الكهرباء يكشف عن آخر مستجدات خطة تنفيذ استراتيجية الطاقة

تسويق و مزادات

"فيتش" ترفع تصنيف مصر الائتماني إلى "B" مع نظرة مستقبلية مستقرة

وزير الاستثمار يؤكد استعداد مصر لتقديم مزيد من المبادرات لخدمة أهداف الكوميسا

وزير الخارجية يكشف خسائر قناة السويس نتيجة هجمات الحوثيين

حملة «100 يوم صحة» تقدم أكثر من 145 مليون خدمة مجانية خلال 92 يومًا

وزارة الثقافة: حوافز جديدة لدعم الناشرين المصريين في معرض القاهرة الدولي للكتاب

وزير الكهرباء يكشف عن آخر مستجدات خطة تنفيذ استراتيجية الطاقة

أصول TV

"فيتش" ترفع تصنيف مصر الائتماني إلى "B" مع نظرة مستقبلية مستقرة

وزير الاستثمار يؤكد استعداد مصر لتقديم مزيد من المبادرات لخدمة أهداف الكوميسا

وزير الخارجية يكشف خسائر قناة السويس نتيجة هجمات الحوثيين

حملة «100 يوم صحة» تقدم أكثر من 145 مليون خدمة مجانية خلال 92 يومًا

وزارة الثقافة: حوافز جديدة لدعم الناشرين المصريين في معرض القاهرة الدولي للكتاب

وزير الكهرباء يكشف عن آخر مستجدات خطة تنفيذ استراتيجية الطاقة