Dr. Mohamed El-Kilani, an economic expert, discussed the key factors contributing to Egypt’s primary surplus of EGP 629 billion, equivalent to roughly 3.6% to 6% of GDP, describing […]
Economy
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Egyptian Official Highlights Presidential Directives for Economic Stability
Hazem El-Menoufy, a member of the foodstuffs division, stated that directives issued by President Abdel Fattah El-Sisi during a meeting with the Prime Minister and the Finance Minister […]
Economy
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China Holds Key Interest Rates Steady to Support Economic Activity
The People’s Bank of China maintained its benchmark interest rates unchanged following its latest policy meeting, keeping the one-year loan prime rate at 3% and the five-year rate […]
Economy
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Suez Canal Economic Zone Head: Infrastructure Development Sets Global Model for Africa
The head of the Suez Canal Economic Zone stated that the ongoing infrastructure development within the zone serves as a globally recognized model with potential for replication across […]
Uncategorized
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Fahem Foundation to Participate in Arab Youth Media Creativity Summit
The Fahem Foundation for psychological support, led by Ambassador Nabilah Makram, chairperson of the board of trustees, will take part on Thursday, August 21, in the second edition […]
Markets
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Egyptian Stock Market Poised for New Upswing, Says Economist
Economist Samir Rauof stated that the Egyptian stock exchange has recently dipped below the 36,000-point mark, with the EGX30 index closing at 35,731 points amid mixed performance among […]
Real Estate
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Suez Canal Economic Zone Promotes Investment Opportunities to Japanese Firms at TICAD 9
Dr. Walid Gamal El-Din, head of the Suez Canal Economic Zone (SCEZ), led a roundtable discussion with representatives from eight Japanese companies during the sidelines of the Ninth […]
Economy
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Indonesia’s Unexpected Rate Cut Aims to Strengthen Economy and Financial Markets
Analysts suggest that the unexpected reduction in interest rates by Indonesia’s central bank is intended to stimulate economic activity and enhance the appeal of local financial assets. n […]
Markets
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RBNZ Lowers Interest Rates Amid Economic Stagnation
Wellington, Aug 20 (Bloomberg) – New Zealand’s central bank reduced interest rates to their lowest level in three years and indicated additional cuts may follow, as signs of […]
Economy
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India’s Monetary Policy Committee Cautious on Growth Amid Global Trade Risks
MUMBAI, Aug 20 (Reuters) – Members of India’s monetary policy committee highlighted growing concerns over global trade tensions and tariffs as a significant constraint on economic expansion, though […]