economy

Cabinet Holds Weekly Meeting on Political, Economic, Social Files
Economy

Cabinet Holds Weekly Meeting on Political, Economic, Social Files

Prime Minister Mostafa Madbouly chaired the weekly cabinet meeting on Wednesday July 9,2025 at the New Administrative Capital to review…
Egyptian, Canadian FMs discuss promoting cooperation, economic relations
Business

Egyptian, Canadian FMs discuss promoting cooperation, economic relations

Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty on Tuesday, July 1, 2025, discussed with his Canadian counterpart…
America’s economy could face a war shock
World

America’s economy could face a war shock

CNN  —  As if a global trade war wasn’t enough for businesses and consumers to contend with, it’s looking increasingly…
US dollar in decline, stock prices suffer 3% loss
Business

US dollar in decline, stock prices suffer 3% loss

Major stock indices fell on Friday, with the US dollar now trading sharply lower after US President Donald Trump issued…
PM: Gov’t looking forward to self-sustained economic system
Business

PM: Gov’t looking forward to self-sustained economic system

CAIRO, May 21 (MENA) – Prime Minister Mostafa Madbouly said the government is working on detailed plan for 2030 that…
Egypt’s rate cut on thin ice? IMF issues stark warning
Business

Egypt’s rate cut on thin ice? IMF issues stark warning

The International Monetary Fund (IMF) has called on Egypt to exercise caution in its path of interest rate cuts, given the…
McDonald’s just had its worst quarter since Covid. It said customers are getting nervous
World

McDonald’s just had its worst quarter since Covid. It said customers are getting nervous

New York CNN  —  McDonald’s sales dropped in the beginning of the year, marking the second consecutive quarter of declines…
California overtakes Japan to become the world’s fourth-largest economy
World

California overtakes Japan to become the world’s fourth-largest economy

CNN  —  California has surpassed Japan to become the world’s fourth-largest economy, Gov. Gavin Newsom said, as he warned of…
Gold prices soar to historic high in Egypt
Business

Gold prices soar to historic high in Egypt

Gold prices in the Egyptian local market reached unprecedented levels on Monday, with the popular 21-karat gold exceeding the 4800…
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