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More single-family built-for-rent homes are under construction in the U.S.

Friday, 21 June 2024 08:48 PM

More built-for-rent single-family homes are being constructed in the U.S., according to the National Association of Home Builders, and experts say this is in part due to the housing affordability crisis.

More Asian Nations Want to Join Putin and Xi in Expanded BRICS

Friday, 21 June 2024 07:27 PM

As Russian President Vladimir Putin and Chinese Premier Li Qiang wrapped up separate meetings in Southeast Asia this week, the two partners in the BRICS economic bloc encountered a region keen to join a group seen as a hedge against Western-led institutions.

New US Home Construction Plunges to Slowest Pace Since June 2020

Thursday, 20 June 2024 06:57 PM

New home construction in the US slumped in May to the slowest pace in four years, as higher-for-longer interest rates sap the housing industry’s momentum from earlier this year.

Drone-Sinking of Coal Ship Takes Red Sea Perils to New Level

Thursday, 20 June 2024 05:03 PM

The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb chokepoint to a new level and is driving a fresh surge in insurance costs.

Bank of England holds rates in ‘finely balanced’ decision; traders up bets on August cut

Thursday, 20 June 2024 04:52 PM

The Bank of England on Thursday opted to keep interest rates steady at its June meeting, but described the decision as “finely balanced” after U.K. inflation hit its 2% target.

Swiss central bank cuts its main interest rate by 1/4 point، citing easing inflationary pressures

Thursday, 20 June 2024 04:34 PM

The Swiss National Bank said Thursday it has lowered its main policy rate by a quarter of a percentage point, citing a drop in “underlying inflationary pressure” despite an uptick in some costs like rents, tourism services and oil products.

France’s green energy threatened of stalling if le Pen’s party wins elections

Thursday, 20 June 2024 10:40 AM

France’s green energy plans to expand renewable energy and fuel by moving away from fossil fuels are under threat from Marine Le Pen’s far right nationalist party, which might win the most seats in legislative elections within weeks and scrap key environment policies as le Pen’s National Rally has pledged to roll back major planks of the European Union’s historic Green Deal and its victory cou

More than 550 hajj pilgrims die in Mecca amid scorching heat

Wednesday, 19 June 2024 09:35 PM

More than 550 hajj pilgrims have died in Mecca amid scorching heat, including 323 of the dead were Egyptians, most of whom perished due to heat-related illness anf 35 Tunisian citizens have died during the haj, as many of those deaths were due to extreme heat in Mecca , family members said on social media, and other families continued to search for missing relatives in Saudi hospitals.

Bank of England set to hold interest rates despite inflation hitting 2% target

Wednesday, 19 June 2024 05:42 PM

The U.K. had some cause for celebration on Wednesday morning, as headline inflation hit the Bank of England’s 2% target for the first time in nearly three years.

Zimbabwe Plans to Install First Floating Solar Panels at Kariba Dam by Early Next Year

Wednesday, 19 June 2024 05:08 PM

Zimbabwe plans to install floating solar panels by early next year at the world’s biggest man-made freshwater reservoir, according to the Ministry of Mines and Energy Development.

Nvidia Corp market value surge to$3.3 trillion، the world’s most valuable company

Wednesday, 19 June 2024 06:30 AM

Nvidia ’s stock rose 3.5% to close at $135.58 a share Tuesday, putting the company’s market value at about $3.3 trillion and catapulting it over those of Microsoft and Apple as the top stocks have jockeyed all month for the pole position, with Nvidia finally edging past both of its big-tech peers, thanks to its relentless rally which has propelled the semiconductor giant’s market capitalizatio

Millionaires are abandoning the UK in their droves، new research shows

Tuesday, 18 June 2024 06:13 PM

A record number of millionaires is expected to leave the United Kingdom this year, according to new research, with this year’s general election expected to further exacerbate the exodus.

US Retail Sales Barely Increase In Sign of Consumer Strain

Tuesday, 18 June 2024 04:39 PM

US retail sales barely rose in May and prior months were revised lower, pointing to greater financial strain among consumers.

UK Inflation May Fall to 2% Target، But Too Late to Save Sunak

Tuesday, 18 June 2024 04:17 PM

UK inflation is expected to fall to the Bank of England’s target for the first time in almost three years, but the milestone may do little to help Prime Minister Rishi Sunak’s beleaguered government ahead of the July 4 general election.

Israeli Defense Exports Hit Record as Global Arms Spending Soars

Monday, 17 June 2024 07:08 PM

Israel’s defense exports reached a record last year as wars including those in Ukraine and Gaza raise the specter of a global arms race.

This city has been ranked the most expensive for expats in 2024

Monday, 17 June 2024 05:56 PM

Hong Kong has once again taken the title of most costly city for overseas workers in the 2024 Mercer Cost of Living Survey, which was released Monday.

Canada Housing Starts Hit Highest Level in Seven Months

Monday, 17 June 2024 04:57 PM

Canada’s housing starts jumped to the highest level in seven months, as the country’s two largest provinces ramped up construction on apartments, townhouses and condominiums.

Adidas investigates bribery allegations in China

Sunday, 16 June 2024 09:23 PM

China sales of the German sportswear giant grew by 8% in the first-quarter

Why is competition in the U.S’ housing market cooling off?

Saturday, 15 June 2024 05:34 PM

More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates.

Xi Has Few Options to Punish EU Without Starting Trade War

Saturday, 15 June 2024 04:52 PM

The EU move to take levies on Chinese vehicles to as high as 48% starting next month has it joining the US, Turkey and other nations in acting to limit a surge in imports from the Asian nation.

Ardian، Saudi Fund Offer to Buy 38% of Heathrow for £3.3 Billion

Friday, 14 June 2024 08:51 PM

Saudia Arabia’s wealth fund stands to gain a bigger stake in London Heathrow Airport alongside its bidding partner, French private equity firm Ardian, after more shareholders in the London hub agreed to offload their holdings.

Egypt to make its biggest purchase of LNG to avoid shortages during extreme summer heat

Friday, 14 June 2024 07:45 PM

Egypt plans to make its biggest purchase of liquefied natural gas in years as it steps up efforts to ease energy shortages amid extreme summer heat and taps market for LNG to ease impact of extreme summer heat, while state-run Egyptian Natural Gas Holding Co., EGAS, is asking the market for at least 17 shipments of the super-chilled fuel for delivery over the next three months, according to trad

Limits on US Arms Sales to Saudi Arabia Draw Review، Showing Shift

Friday, 14 June 2024 07:33 PM

A top Senate Democrat is reviewing limits put on US weapons sales to Saudi Arabia, signaling warmer ties as the Biden administration pursues a security agreement with the kingdom and seeks to ease the Israel-Hamas conflict.

Pope joins G7summit for 1st time to raise alarm about AI، China to dominate final day

Friday, 14 June 2024 09:41 AM

G7summit , attended by Group of Seven (G7) leaders hold a final day of talks at their annual summit on Friday, with China topping the agenda before Pope Francis who puts in a historic appearance to discuss artificial intelligence (AI), will be joined by 10 other heads of state and government, including the prime minister of India and the king of Jordan, as the G7summit throws open its doors to o

G7 leaders back deal to use interest from Russian assets for Ukraine

Thursday, 13 June 2024 07:47 PM

Leaders of the Group of Seven major democracies started their annual summit on Thursday, many of them under a cloud at home but determined to make a difference on the world stage as they seek to help Ukraine and counter China's economic ambitions.

Highlights from the First UN Global Compact Forum: "Forward Faster" Initiative to Boost Private Sector Sustainability Efforts

Thursday, 13 June 2024 04:51 PM

The first edition of the United Nations Global Compact Annual Forum has successfully concluded with several significant recommendations aimed at bolstering the private sector's role in sustainable development. Organized by the United Nations Global Compact Network Egypt (UNGCNE), the forum was a resounding success culminating in the closing session with heartfelt thanks to the sponsors, organizers

Musk says Tesla shareholders voting yes for his $56 bln pay package

Thursday, 13 June 2024 04:42 PM

Tesla shareholders were voting in favor of a $56 billion pay package for Elon Musk and to move the electric vehicle maker's legal home to Texas, the CEO said on social media on Wednesday.

Egypt's Extreme Heat Is Ominous Warning for Global Economies This Summer

Wednesday, 12 June 2024 06:12 PM

On a sizzling hot day in April, Cairo meteorologist Amira Nasser points to a written chronicle of Egypt’s weather in the 1800s. Outside, the temperature is 41°C (105°F), or 46°C in the sun — hot enough to have killed the battery on Nasser’s phone. Inside, the records at the museum of meteorology have a page from April 1874, when the temperature in Cairo was 24°C.

A brief drop in mortgage rates in the US caused a huge surge in demand، but it may be short-lived

Wednesday, 12 June 2024 05:42 PM

Mortgage rates dropped for much of last week, causing total mortgage application volume to surge nearly 16% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

Uptown October Unveils Plans for the Largest Commercial Hub in New 6th of October

Wednesday, 12 June 2024 05:35 PM

Uptown October launching its flagship commercial project has announced the development of 16 commercial and administrative land plots, out of the 24 plots allocated to the company by the New Urban Communities Authority. These plots span a total built-up area of 70,000 square meters in Uptown district, New 6th of October City, as part of the company’s expansion and development plans following the a

English

More single-family built-for-rent homes are under construction in the U.S.

More Asian Nations Want to Join Putin and Xi in Expanded BRICS

New US Home Construction Plunges to Slowest Pace Since June 2020

Drone-Sinking of Coal Ship Takes Red Sea Perils to New Level

Bank of England holds rates in ‘finely balanced’ decision; traders up bets on August cut

Swiss central bank cuts its main interest rate by 1/4 point، citing easing inflationary pressures

France’s green energy threatened of stalling if le Pen’s party wins elections

More than 550 hajj pilgrims die in Mecca amid scorching heat

Bank of England set to hold interest rates despite inflation hitting 2% target

Zimbabwe Plans to Install First Floating Solar Panels at Kariba Dam by Early Next Year

Nvidia Corp market value surge to$3.3 trillion، the world’s most valuable company

Millionaires are abandoning the UK in their droves، new research shows

US Retail Sales Barely Increase In Sign of Consumer Strain

UK Inflation May Fall to 2% Target، But Too Late to Save Sunak

Israeli Defense Exports Hit Record as Global Arms Spending Soars

This city has been ranked the most expensive for expats in 2024

Canada Housing Starts Hit Highest Level in Seven Months

Adidas investigates bribery allegations in China

Why is competition in the U.S’ housing market cooling off?

Xi Has Few Options to Punish EU Without Starting Trade War

Ardian، Saudi Fund Offer to Buy 38% of Heathrow for £3.3 Billion

Egypt to make its biggest purchase of LNG to avoid shortages during extreme summer heat

Limits on US Arms Sales to Saudi Arabia Draw Review، Showing Shift

Pope joins G7summit for 1st time to raise alarm about AI، China to dominate final day

G7 leaders back deal to use interest from Russian assets for Ukraine

Highlights from the First UN Global Compact Forum: "Forward Faster" Initiative to Boost Private Sector Sustainability Efforts

Musk says Tesla shareholders voting yes for his $56 bln pay package

Egypt's Extreme Heat Is Ominous Warning for Global Economies This Summer

A brief drop in mortgage rates in the US caused a huge surge in demand، but it may be short-lived

Uptown October Unveils Plans for the Largest Commercial Hub in New 6th of October

Green

التضخم السنوي في تركيا يتراجع بشكل طفيف

بالأرقام.. ارتفاع أرباح 15 بنكًا مدرجًا في الأسواق المالية الإماراتية

تجار ذهب يوقفون البيع ويتوسعون في الشراء

بالتعاون مع «التعليم» واتحاد الصناعات.. «بنك مصر» يدعم 3 مدارس للتكنولوجيا التطبيقية

وزير الخارجية والهجرة يستقبل الأمين العام لرئاسة الجمهورية الموريتانية

رئيس شركة «المقاولون العرب» يستقبل وزيرة الإسكان الكينية

الأكثر قراءة

تجار ذهب يوقفون البيع ويتوسعون في الشراء

«نايا للتطوير العقاري» تعلن عن توسعات جديدة داخل «نايا ويست» بالشيخ زايد الجديدة

أبرز تصريحات الرئيس السيسي ورئيس الوزراء ووزير الإسكان خلال اليوم الأول من المنتدى الحضري العالمي

«دي دي مصر» تشارك في المنتدى الحضري العالمي 2024 برحلات خاصة مخفضة

المتحدث العسكري: استشهاد ضابطين إثر سقوط طائرة هليكوبتر بالشلوفة خلال التدريب نتيجة عطل فني

رئيس «مياه مطروح» يتابع أعمال إزالة تراكمات مياه الأمطار بالمدينة

حوارات

التضخم السنوي في تركيا يتراجع بشكل طفيف

بالأرقام.. ارتفاع أرباح 15 بنكًا مدرجًا في الأسواق المالية الإماراتية

تجار ذهب يوقفون البيع ويتوسعون في الشراء

بالتعاون مع «التعليم» واتحاد الصناعات.. «بنك مصر» يدعم 3 مدارس للتكنولوجيا التطبيقية

وزير الخارجية والهجرة يستقبل الأمين العام لرئاسة الجمهورية الموريتانية

رئيس شركة «المقاولون العرب» يستقبل وزيرة الإسكان الكينية

تسويق و مزادات

التضخم السنوي في تركيا يتراجع بشكل طفيف

بالأرقام.. ارتفاع أرباح 15 بنكًا مدرجًا في الأسواق المالية الإماراتية

تجار ذهب يوقفون البيع ويتوسعون في الشراء

بالتعاون مع «التعليم» واتحاد الصناعات.. «بنك مصر» يدعم 3 مدارس للتكنولوجيا التطبيقية

وزير الخارجية والهجرة يستقبل الأمين العام لرئاسة الجمهورية الموريتانية

رئيس شركة «المقاولون العرب» يستقبل وزيرة الإسكان الكينية

أصول TV

التضخم السنوي في تركيا يتراجع بشكل طفيف

بالأرقام.. ارتفاع أرباح 15 بنكًا مدرجًا في الأسواق المالية الإماراتية

تجار ذهب يوقفون البيع ويتوسعون في الشراء

بالتعاون مع «التعليم» واتحاد الصناعات.. «بنك مصر» يدعم 3 مدارس للتكنولوجيا التطبيقية

وزير الخارجية والهجرة يستقبل الأمين العام لرئاسة الجمهورية الموريتانية

رئيس شركة «المقاولون العرب» يستقبل وزيرة الإسكان الكينية