On Thursday, Egypt’s Central Bank Monetary Policy Committee decided to reduce interest rates by 2 percentage points, bringing the overnight deposit rate down to 22% and the lending […]
Economy
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Egypt and Qatar Sign MoUs on Agriculture and Social Insurance to Boost Economic Ties
Egypt and Qatar have strengthened their bilateral cooperation through the signing of several memoranda of understanding during the sixth session of the Joint Higher Committee held in Alamein. […]
Banks
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Economic Expert: Rate Cut Eases Domestic Debt Burden and Improves Public Finances
Dr. Waleed Gaballah, an economic expert, stated that the Central Bank of Egypt’s recent interest rate decision carries significant implications across multiple levels, affecting both individuals and the […]
Banks
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Egypt’s Central Bank Cuts Interest Rates by 2% Amid Inflation Relief
The Central Bank of Egypt announced a 2% reduction in deposit and lending interest rates during its fifth monetary policy meeting of the year, marking the third rate […]
Economy
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San Diegans Maintain Hope Amid Economic and Political Challenges
Residents of San Diego are grappling with rising costs for essentials such as food, housing, healthcare, and childcare, alongside a slight increase in unemployment. They are also observing […]
Economy
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New Reports Highlight Economic Pressures Facing Agriculture
Recent analyses highlight growing financial pressures within the agricultural sector. Rising input costs, fluctuating market prices, and logistical challenges are contributing to increased strain on farming operations across […]
Technology
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AI and Automation Are Reshaping the Driving Experience
As of August 28, 2025, artificial intelligence and automation are fundamentally altering how people interact with vehicles. Image: Meric Dagli/Unsplash n nJohn Goodson, Executive Vice-President and Chief Product […]
Economy
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Iran Faces Sanctions, Nuclear Tensions, and Economic Crisis Amid Regional Instability
On August 28, 2025, the United Kingdom, France, and Germany initiated efforts to reinstate United Nations sanctions on Iran, triggering a sharp devaluation of the Iranian rial, which […]
Economy
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U.S. Economy Grew at 3.3% Annual Rate in Q2, Revised Data Indicates
The U.S. economy expanded at a 3.3% annualized rate during the second quarter of the year, according to updated figures released by the Commerce Department. This marks an […]
Economy
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Great Parks Generated $138.6 Million Economic Impact, Report Shows
CINCINNATI — A new analysis by the University of Cincinnati Economics Center reveals that Great Parks contributed $138.6 million to the regional economy last year. The findings highlight […]