Iran War revives stagflation fears as global growth forecasts crumble
Seven weeks into the Iran conflict, the economic damage is beginning to show up in the data — and the picture is darkening. As preliminary business surveys roll in from…
Venezuela’s new strongwoman: How Delcy Rodríguez dismantled Maduro’s inner circle to seize power
When Venezuelan Vice-President Delcy Rodríguez took the podium on 4 January — hours after Nicolás Maduro was detained by US forces from a heavily guarded military base — she delivered…
Two Indian-flagged tankers fired upon in Strait of Hormuz as Iran asserts control over waterway
Two Indian-flagged vessels carrying crude oil came under gunfire in the Strait of Hormuz on Saturday as Iran declared it would control traffic through the vital waterway in retaliation for…
Egypt unveils rare Roman-era tomb in Minya, illuminating ancient burial rituals
Egypt’s Ministry of Tourism and Antiquities has announced a major archaeological discovery at the historic site of El-Bahnasa in Minya, offering new insights into funerary traditions during the Greek and…
Egypt accelerates hospital upgrades, puts up urgent overhaul plan for Matrouh
Egypt is stepping up the pace of ongoing healthcare projects and has put up an urgent plan to upgrade hospitals in Matrouh ahead of the summer season, the Ministry of…
Al-Sisi reviews housing, infrastructure projects, urges strict adherence to timelines
Egyptian President Abdel Fattah Al-Sisi stressed on Saturday the importance of adhering to defined timelines for the completion of housing and infrastructure projects, while removing obstacles facing investment in the…
Egypt steps up efforts to shield startups, SMEs from global headwinds: MSMEDA chief
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said state entities are working in close coordination to mitigate the impact of global economic challenges on…
Egypt’s gold prices fall EGP 100 on currency gains
Gold prices in Egypt declined during April 11-18, moving against the global rally as the Egyptian pound strengthened against the US dollar, according to iSagha’s weekly report. The price of…
Electricity Minister explores digital grid optimisation with Nexus Analytica
Minister of Electricity and Renewable Energy Mahmoud Esmat met with a delegation from Nexus Analytica, led by CEO Wissam El-Baz, at the Ministry’s headquarters in the New Administrative Capital. The…
Madbouly reviews Finance Minister’s Washington engagements during IMF-World Bank Spring Meetings
Prime Minister Mostafa Madbouly met with Finance Minister Ahmed Kouchouk to review key meetings and engagements held on the sidelines of the IMF-World Bank Spring Meetings in Washington, D.C. During…