World Tourism Day is observed annually on September 27, aiming to raise awareness about accessible and inclusive travel worldwide. The event stems from the efforts of the United […]
Economy
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Egypt Ranks 51st Globally in Economic Openness Index, Jumps Five Spots in Three Months
Egypt has made significant progress in the global Economic Openness Index released by Fitch Ratings, climbing five positions within just three months to rank 51st out of 202 […]
Economy
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Amgad Hussoun: Egypt Aims to Expand Hotel Rooms to 500,000 by 2031
Amgad Hussoun, tourism expert and member of the Travel Companies Chamber, highlighted Egypt’s ambitious goal to increase its hotel room capacity to 500,000 by 2031. This expansion aligns […]
Economy
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Jihan Saleh: True Economic Stability Is Felt by Citizens, Not Just Numbers
Dr. Jihan Saleh, economic advisor to the Prime Minister, emphasized that macroeconomic stability is a cornerstone of any reform and development effort. However, she stressed that such stability […]
Economy
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Egypt Launches Integrated Financial System to Empower Vulnerable Families Economically
Egypt’s Ministry of Social Solidarity, under the leadership of Dr. Maya Mursi, is launching a new initiative called the Strategic Financial System for Economic Empowerment. This integrated framework […]
Economy
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Global Economy Remains Tied to U.S. Monetary Policy Shifts
The United States accounts for 26% of the global GDP, which reached $111.33 trillion by the end of 2024, maintaining its position as the largest contributor to the […]
Economy
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Egypt Can Offer a Safe Investment Haven Amid Global Shifts, Economist Says
Economist Ali El-Gamel highlighted that the world is undergoing a pivotal transformation, with the unipolar dominance led by the United States gradually giving way to a multipolar system […]
Economy
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Consumers Sustain Economic Growth Amid Recession Doubts
Despite widespread concerns about the health of the U.S. economy, consumer spending has remained resilient, continuing to drive economic expansion into the latter part of the year. Recent […]
Economy
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Middle-Class Americans Struggle Amid Economic Pressures Despite Elite Prosperity
Consumer sentiment among middle-income Americans has sharply declined over the past year, reflecting growing economic unease despite continued prosperity at the top. According to the University of Michigan’s […]
Economy
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Argentina’s Economic Reforms Face Backlash Amid Currency Crisis and Public Discontent
For nearly 20 months, Argentine President Javier Milei rode a wave of optimism as his radical economic reforms appeared to yield results. A self-described libertarian, Milei implemented aggressive […]