English

China Rolls Out Action Plan on Boosting Domestic Consumption

Saturday, 03 August 2024 06:01 PM

China’s government on Saturday laid out its priorities to spur consumer spending as weak domestic demand continues to weigh on growth.

UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners

Friday, 02 August 2024 07:16 PM

Britain’s major high street lenders have begun slashing their mortgage rates in a sign that financial pressure on households may be easing after the Bank of England cut interest rates for the first time in over four years.

US Unemployment Rate Rises Again، Cementing Path to Fed Rate Cut

Friday, 02 August 2024 06:22 PM

US hiring slowed markedly in July and the unemployment rate rose to the highest level in nearly three years, suggesting a faster deterioration in the labor market than previously thought and putting the Federal Reserve solidly on a path to cutting interest rates in September.

Bank of England cuts interest rates for first time in over four years

Thursday, 01 August 2024 06:21 PM

The Bank of England on Thursday delivered its first interest rate cut in more than four years, taking the key rate to 5%.

Maersk Boosts Full Year Guidance Amid Supply Chain Disruptions

Thursday, 01 August 2024 06:14 PM

A.P. Moller-Maersk A-S, a bellwether for global trade, increased its full year guidance due to higher freight rates caused by continued supply chain disruptions following attacks in the Red Sea.

Top Kuwaiti Islamic Banks Eye Deal to Create $50 Billion Lender

Wednesday, 31 July 2024 07:45 PM

Two of Kuwait’s largest Islamic lenders are considering a merger that would create a regional banking behemoth with more than $50 billion in assets.

Zambia Turns to Consumers to Add Solar Power Generation

Wednesday, 31 July 2024 07:38 PM

Zambia will start a program on Aug. 1 that allows electricity customers to feed power into the national grid, contributing to supply and encouraging the increased use of solar panels.

Startup Building Theaters for Sports Valued at Over $1 Billion

Wednesday, 31 July 2024 07:32 PM

Cosm, a company that builds giant theaters for watching sports, raised $250 million from a group that includes billionaires Steve Winn, David Blitzer, Marc Lasry and Dan Gilbert.

Alameda Healthcare Group Announces Partnership with Dell Technologies to Launch State-of-the-Art Data Center in Cairo

Wednesday, 31 July 2024 04:04 PM

Alameda Healthcare Group is thrilled to announce a partnership with Dell Technologies, a global leader in technology solutions, to revolutionize digital health services in Egypt. This strategic alliance will elevate patient care standards, setting a benchmark for regional healthcare excellence.

UAE set to welcome even more millionaires as wealthy individuals abandon the UK

Tuesday, 30 July 2024 07:51 PM

The United Arab Emirates is on track to be the world’s top wealth magnet for the third year running, according to the Henley Private Wealth Migration Report.

New Jersey Developments unveils latest progress and launches 'Jamila North Coast’ with an EGP 50 billion investment as part of its expansion in Egypt

Tuesday, 30 July 2024 07:43 PM

New Jersey Developments has unveiled its latest prestigious residential project, Jamila, on the North Coast, with initial investments up to EGP 50 billion.

French Farmers Facing ‘Catastrophic’ Harvest Seek State Help

Tuesday, 30 July 2024 07:38 PM

French farmers are calling on the government to provide financial aid as there’s a high risk that this year’s wheat harvest will be the lowest in at least a decade because of heavy rains.

Dahab Masr Adopts E-KYC Technology to Protect Investor Data in the Gold Sector

Tuesday, 30 July 2024 05:57 PM

In a new move to develop the Egyptian gold market, Dahab Masr Investment Group has adopted the electronic Know Your Customer (E-KYC) technology provided by Valify Solutions, a company specialized in digital identity infrastructure technology.

PLD Development launches Q Mall project in west Cairo with EGP 1.5bn investments

Monday, 29 July 2024 08:56 PM

PLD Development has announced the launch of its new project in west Cairo, covering an area of 4,000 sqm, with a total investment of EGP 1.5bn. This move is part of the company's strategy to seize exceptional investment opportunities in prime locations, offering them to clients through mechanisms that ensure the highest return on investment.

World Cup Borrowing Binge Leaves Qatar’s Banks Grappling With Losses

Monday, 29 July 2024 07:00 PM

It’s been almost two years since Qatar hosted the World Cup and the euphoria is fading as state-backed lenders that helped finance everything from highways and hotels to stadiums and sewage systems grapple with rising loan losses.

Pakistan Cuts Rates as Policymakers Try to Revive Economy

Monday, 29 July 2024 06:52 PM

Pakistan cut its benchmark interest rate for a second consecutive meeting as slowing price gains give policymakers room to focus on shoring up growth in the cash-strapped South Asian nation.

French Internet Lines Cut in Latest Attack During Olympics

Monday, 29 July 2024 06:31 PM

A number of fiber optic cables carrying broadband service across France were cut overnight in the latest attack on the country’s infrastructure during the Olympic Games.

Madinet Masr Launches “Esse Residence” in Sarai New Cairo and Targets Revenues of EGP 18.2 Bn

Monday, 29 July 2024 06:24 PM

As part of its ambitious expansion plan and in fulfillment of its customers’ needs, Madinet Masr launches “Esse Residence”, with a total investment of 10 Bn, representing an important milestone in the company’s record of success over 65 years.

Riskiest Nations Stand Out as Buffer Against US Election Turmoil

Sunday, 28 July 2024 07:12 PM

A win for riskier debt during a potential second Trump tenure will be a repeat of what happened in his first term

Vodafone Egypt Awarded Best Mobile and Fixed Broadband Network by umlaut

Sunday, 28 July 2024 04:12 PM

Vodafone Egypt announces its first-place ranking in the latest network performance measurement reports by independent benchmarking organization umlaut. The reports cover the network performance for 6 months from Nov 2023 till April 2024. For mobile network performance, the measurements were based on more than 2 billion crowd-sourcing samples collected from 353 thousand mobile users, for Fixed Broa

Beltone Mortgage Debuts with 22.25% Market Share، Leading in Fast and Easy Home Financing

Sunday, 28 July 2024 03:57 PM

Beltone Holding, one of the fastest-growing financial institutions, has significantly expanded its footprint in the mortgage sector with its wholly-owned subsidiary, Beltone Mortgage.

People & Places Signs EGP 500m Contract with RedCon Construction to Fast-Track Development of The Med Ras El Hikma

Saturday, 27 July 2024 05:44 PM

People & Places (P&P), up and coming community maker renowned for its visionary real estate developments, announced a strategic contract with RedCon Construction, one of Egypt's most prominent construction firms. This agreement represents an investment of EGP 500m and underscores P&P's commitment to expediting the development of its highly anticipated project, The Med Ras El Hekma.

Pakistan to Start Selling Three of Its Power Utilities Next Year

Saturday, 27 July 2024 05:15 PM

Pakistan will start privatizing its power distribution companies from next year to stay on course with its pledge to the International Monetary Fund to fix the debt-hit energy sector.

US Consumer Sentiment Falls to Eight-Month Low on High Prices

Friday, 26 July 2024 08:43 PM

US consumer sentiment eased in July to an eight-month low as high prices continued to weigh on attitudes about personal finances.

Paris Trains Hit By Sabotage Hours Before Olympics Kick Off

Friday, 26 July 2024 04:33 PM

Trains to and from Paris, including the international Eurostar service, were hit by what authorities called a “massive attack aimed at paralyzing the network” of France’s super-fast trains just hours ahead of the inauguration ceremony of the 2024 Olympic Games.

U.S. economy grew at a 2.8% pace in the second quarter، much more than expected

Thursday, 25 July 2024 07:29 PM

Economic activity in the U.S. was considerably stronger than expected during the second quarter, boosted by a strong consumer, government spending and a sizeable inventory build, according to an initial estimate Thursday from the Commerce Department.

Baosteel Doubles Investment in Saudi Venture to $1 Billion

Thursday, 25 July 2024 06:36 PM

Baoshan Iron & Steel Co., China’s biggest steel producer, said it had more than doubled its investment in a steel plate venture in Saudi Arabia to $1 billion.

Gulf Stocks Get Summer Reprieve After Slumping in First Half

Thursday, 25 July 2024 06:22 PM

Stocks in the Gulf region are rebounding in the summer after slumping in the first half of 2024 as upbeat earnings reports and cheaper valuations entice buyers.

Miami Condos Lure Rich Mexicans Who Want to Park Cash Overseas

Thursday, 25 July 2024 06:08 PM

More than a dozen well-heeled prospective investors gathered at the Presidente InterContinental hotel in Mexico City’s ritzy Polanco neighborhood on a recent morning. They were there to hear a pitch on Miami real estate, many of them lured by a two-page newspaper ad touting luxury amenities in condos starting at $500,000.

Turkey Returns Saudi Billions in Sign of Economic Turnaround

Wednesday, 24 July 2024 07:23 PM

Turkey’s central bank took the milestone step of returning a $5 billion deposit from Saudi Arabia, signaling authorities’ confidence in their ability to restore foreign-exchange reserves without taking on debt from wealthy allies.

English

China Rolls Out Action Plan on Boosting Domestic Consumption

UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners

US Unemployment Rate Rises Again، Cementing Path to Fed Rate Cut

Bank of England cuts interest rates for first time in over four years

Maersk Boosts Full Year Guidance Amid Supply Chain Disruptions

Top Kuwaiti Islamic Banks Eye Deal to Create $50 Billion Lender

Zambia Turns to Consumers to Add Solar Power Generation

Startup Building Theaters for Sports Valued at Over $1 Billion

Alameda Healthcare Group Announces Partnership with Dell Technologies to Launch State-of-the-Art Data Center in Cairo

UAE set to welcome even more millionaires as wealthy individuals abandon the UK

New Jersey Developments unveils latest progress and launches 'Jamila North Coast’ with an EGP 50 billion investment as part of its expansion in Egypt

French Farmers Facing ‘Catastrophic’ Harvest Seek State Help

Dahab Masr Adopts E-KYC Technology to Protect Investor Data in the Gold Sector

PLD Development launches Q Mall project in west Cairo with EGP 1.5bn investments

World Cup Borrowing Binge Leaves Qatar’s Banks Grappling With Losses

Pakistan Cuts Rates as Policymakers Try to Revive Economy

French Internet Lines Cut in Latest Attack During Olympics

Madinet Masr Launches “Esse Residence” in Sarai New Cairo and Targets Revenues of EGP 18.2 Bn

Riskiest Nations Stand Out as Buffer Against US Election Turmoil

Vodafone Egypt Awarded Best Mobile and Fixed Broadband Network by umlaut

Beltone Mortgage Debuts with 22.25% Market Share، Leading in Fast and Easy Home Financing

People & Places Signs EGP 500m Contract with RedCon Construction to Fast-Track Development of The Med Ras El Hikma

Pakistan to Start Selling Three of Its Power Utilities Next Year

US Consumer Sentiment Falls to Eight-Month Low on High Prices

Paris Trains Hit By Sabotage Hours Before Olympics Kick Off

U.S. economy grew at a 2.8% pace in the second quarter، much more than expected

Baosteel Doubles Investment in Saudi Venture to $1 Billion

Gulf Stocks Get Summer Reprieve After Slumping in First Half

Miami Condos Lure Rich Mexicans Who Want to Park Cash Overseas

Turkey Returns Saudi Billions in Sign of Economic Turnaround

Green

وزير الإسكان:الأحد المقبل..تسليم دفعة جديدة من وحدات "سكن مصر" للفائزين بها بمدينة القاهرة الجديدة

وزير التموين: المخزون الاستراتيجي من الاقماح يصل إلى 5 شهور

أسعار الخضروات والفاكهة اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

سعر السمك اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

سعر اللحوم في السوق المصري اليوم الثلاثاء 5 - 11 – 2024

أسعار الدواجن وكرتونة البيض اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

الأكثر قراءة

من بينهم «طلعت مصطفى» و«تطوير مصر».. 11 مطورًا عقاريًّا يشارك في المنتدى الحضري العالمي

التزامًا بتطبيق أعلى معايير الاستدامة.. صور جناح «ماونتن فيو» في المنتدى الحضري العالمي

«النقل» تخطط لطرح مناقصة عالمية لتنفيذ سادس خط للمترو بـ 3 مليارات دولار

فعاليات اليوم الأول للمنتدى الحضري العالمي.. افتتاح حديقة الأندلس الأثرية بعد تطويرها (صور)

الرئيس السيسي: مصر أنشأت جيلًا جديدًا من المدن الذكية.. على رأسها العاصمة الإدارية الجديدة والعلمين الجديدة

صور.. وصول مصيدة قلب المفاعل للوحدة النووية الرابعة على رصيف محطة الضبعة النووية بنجاح

حوارات

وزير الإسكان:الأحد المقبل..تسليم دفعة جديدة من وحدات "سكن مصر" للفائزين بها بمدينة القاهرة الجديدة

وزير التموين: المخزون الاستراتيجي من الاقماح يصل إلى 5 شهور

أسعار الخضروات والفاكهة اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

سعر السمك اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

سعر اللحوم في السوق المصري اليوم الثلاثاء 5 - 11 – 2024

أسعار الدواجن وكرتونة البيض اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

تسويق و مزادات

وزير الإسكان:الأحد المقبل..تسليم دفعة جديدة من وحدات "سكن مصر" للفائزين بها بمدينة القاهرة الجديدة

وزير التموين: المخزون الاستراتيجي من الاقماح يصل إلى 5 شهور

أسعار الخضروات والفاكهة اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

سعر السمك اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

سعر اللحوم في السوق المصري اليوم الثلاثاء 5 - 11 – 2024

أسعار الدواجن وكرتونة البيض اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

أصول TV

وزير الإسكان:الأحد المقبل..تسليم دفعة جديدة من وحدات "سكن مصر" للفائزين بها بمدينة القاهرة الجديدة

وزير التموين: المخزون الاستراتيجي من الاقماح يصل إلى 5 شهور

أسعار الخضروات والفاكهة اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

سعر السمك اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري

سعر اللحوم في السوق المصري اليوم الثلاثاء 5 - 11 – 2024

أسعار الدواجن وكرتونة البيض اليوم الثلاثاء 5 - 11 – 2024 في السوق المصري