Economic news
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Will gold remain a safe haven asset?

Gold has long been a source of controversy and contention am.. Read more


Global trade is expected to decline in the coming months

The economics department of Qatar National Bank (QNB) said t.. Read more


The euro is below the dollar .. the lowest level in 20 years

For the first time in 20 years, the euro fell below $1 on Tu.. Read more


"OPEC"...The pressures of supply shortage will continue next year

OPEC expected global demand for oil to increase next year, b.. Read more

Economic News

World Markets
UK inflation rises to 40-year high

Britain's inflation rate rose to its highest level in 40 years in July 2022, as soaring food and... Read more

World Markets
The dollar hits its highest level in a week

The US dollar hit a one-week high on Tuesday, after weak global economic data, especially from China... Read more

World Markets
Continuing decline in oil prices and weak demand expectations

Oil prices are still falling, after disappointing economic data from China revived fears of a global... Read more

World Markets
Egypt pays $20 billion in interest and foreign debt installments in 9 months

Egypt paid about $16.5 billion in external debt installments during the first nine months of the las... Read more

World Markets
Infographic: The five Arab countries most dependent on renewable energy

Egypt's consumption of renewable energy amounted to 2.7% of the country's total energy consu... Read more

World Markets
Gold falls and the dollar rises

The dollar rebounded and gold prices fell on Monday, amid expectations that the Federal Reserve will... Read more

World Markets
China's central bank unexpectedly cuts key interest rate

China's central bank unexpectedly cut a key interest rate for the second time this year and pull... Read more

World Markets
Damaged rice production in India threatens global trade

India's rice production could be hit this year, as poor rains in key growing regions slash plant... Read more

World Markets
Meta raises $10 billion in its first bond offering

Facebook owner Meta Platforms on Tuesday raised $10 billion in its first-ever bond offering as it lo... Read more

World Markets
Hong Kong Stock Exchange approves listing and trading of Alibaba shares

The Hong Kong Stock Exchange has agreed to list shares of Chinese e-commerce company Alibaba, paving... Read more

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