Key developments across global finance highlight shifts in climate investment strategies, the evolution of AI in banking, and growing disparities in tech sector valuations. n nAt recent G20 […]
Markets
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Wall Street Eyes AI Profitability and Economic Signals Amid Market Uncertainty
NEW YORK, Nov 28 (Reuters) – Investors are turning their attention to the financial viability of artificial intelligence ventures and broader economic indicators in the week ahead, as […]
Economy
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Egypt Achieves Strongest Economic Growth in Years with 5.3% Expansion in First Quarter of FY 2025/2026
Egypt’s economy recorded its strongest performance in recent years, with gross domestic product (GDP) growing by 5.3% in the first quarter of the 2025/2026 fiscal year, up from […]
Economy
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Egypt Hosts Key Mediterranean Economic Cooperation Talks in Cairo
Cairo has launched a series of high-level preparatory meetings for the Parliamentary Assembly of the Union for the Mediterranean, hosted by Egypt’s House of Representatives. The gatherings, held […]
Economy
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Can Rising Tariff Revenues Revive the U.S. Economy Amid Record Budget Deficit?
The United States is facing a record budget deficit of 284 billion dollars, prompting debate over whether increased customs revenue can stimulate economic recovery. Analysts are examining the […]
Economy
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Mediterranean Parliamentary Assembly Discusses Socioeconomic Impact of Migration
The committees of the Parliamentary Assembly of the Union for the Mediterranean convened at the House of Representatives, chaired by Mohamed Abul Enein, Deputy Speaker of the Egyptian […]
Uncategorized
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Ryanair Discontinues ‘Prime’ Discount Program Due to Rising Costs
Ryanair, the Irish low-cost airline, has discontinued its ‘Prime’ subscription-based discount program due to financial pressures. The initiative, launched in April, failed to generate sufficient revenue to offset […]
Banks
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Mohamed El-Etreby Emphasizes Strengthening Financial Sector to Boost Economic Growth
Mohamed El-Etreby, Chairman of the Union of Arab Banks and CEO of Egypt’s National Bank, emphasized the need for a comprehensive forward-looking strategy to support development and overcome […]
Economy
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What Is a K-Shaped Economic Recovery and Why Is It Concerning?
During major economic downturns, analysts often use simple visual metaphors to describe recovery patterns: sharp rebounds, prolonged slumps, or uneven progress. Traditional models include the V-shaped recovery, where […]
Economy
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New Leadership Appointed in Local Economic Development Office
Cash has been appointed chief operating officer for economic development at Gold Triangle Partners (GTP), a regional initiative focused on advancing business growth and job creation in eastern […]