Italy recorded the highest budget deficit-to-GDP ratio in the European Union last year, according to Eurostat, the bloc's statistics arm, as reported by Reuters on Monday.
Italy's fiscal deficit for 2023, which has widened to 7.4 per cent of GDP (...)
Egypt and Italy have agreed to establish a centre for artificial intelligence (AI) in Cairo, aiming to propel AI development and use across Africa.
The partnership was cemented during a meeting on Monday between the Egyptian Minister of (...)
Amstone Egypt, a leading private defence contractor, has announced a significant step forward in domestic arms production with the unveiling of the "Hydra B5" patrol boat. This innovative vessel marks a paradigm shift in coastal patrol and security (...)
European Commission President Ursula von der Leyen and Finnish Prime Minister Petteri Orpo called for urgent de-escalation in the wake of rising tensions between Iran and Israel.
"We must do everything possible to ensure that all sides refrain from (...)
Dina Abdel Fattah
Throughout history, humanity has often borne the heavy cost of rulers' obsessions. These leaders, whether afflicted by severe psychiatric issues or driven to madness, have left millions of people as victims of their destructive (...)
The Seventh International Conference of the Faculty of Media at the British University in Egypt (BUE), titled "Media Economic Models in the Digital Age: Trends and Challenges," was inaugurated by prominent Egyptian journalist and media figure Karam (...)
Europe's main stock index neared a six-week low on Tuesday, falling 1.4 per cent due to investors avoiding risky assets amidst Middle East tensions, Reuters reported.
This led the pan-European STOXX 600 to its worst day in nearly nine months. Major (...)
Egypt's commodity exports recorded a 5.3 per cent growth during the first quarter of 2024, reaching $9.612 billion compared to $9.129 billion in the same period in 2023, the Cabinet announced on Tuesday.
The report identified Turkey as the top (...)
The European Union (EU) is pledging to allocate €3.5 billion ($3.71 billion) this year for ocean protection and sustainability initiatives, Virginijus Sinkevicius, EU Commissioner for Environment, Oceans, and Fisheries, announced on Tuesday, (...)
Egypt's food exports recorded a remarkable activity during the period from March 30 until April 5, the Egyptian Cabinet said on Sunday, citing the National Food Safety Authority's (NFSA) 14th weekly report for 2024.
According to the report, a total (...)
Savills Egypt, the local office of the leading global real estate advisor, revealed its preliminary insights on the potential effects of the Central Bank of Egypt's (CBE) recent decisions on the country's real estate sector.
These decisions included (...)
Spain's inflation surged in March amid the government's gradual removal of support measures, initially aimed at curbing surging energy costs, Bloomberg reported on Wednesday.
Consumer price index (CPI) climbed 3.2 per cent year-on-year (YoY), (...)
Minister of Petroleum and Mineral Resources, Tarek El Molla, welcomed a delegation from Honeywell International, led by Khaled Hashem, President of Honeywell Egypt for the Middle East and Africa.
The meeting focused on exploring collaborative (...)
Engineering Export Council of Egypt (EEC) announced an increase in engineering industries exports in February 2024, recording the highest monthly figure in the history of engineering exports, reaching $459m, compared to $345m in February 2023.
The (...)
تحل اليوم ذكرى تأسيس مدينة البندقية الإيطالية، ووفقًا للأسطورة القديمة، تأسست البندقية في مثل هذا اليوم، في 25 مارس عام 421م، في الساعة الثانية عشرة ظهرًا. تقع البندقية حاليًا في شمال إيطاليا، وهي عاصمة إقليم فينيتو ومقاطعة فينيسيا،تعد البندقية أكبر (...)
فى تمام الساعة الثانية عشرة ظهرًا، تأسست مدينة البندقية القديمة، في مثل هذا اليوم 25 مارس عام 421م، وفقا للأسطورة القديمة، ويرجع عدد من المؤرخين أن تحديد الموعد المذكور بأنه بداية لتأسس تلك المدينة، التي توجد حاليا بشمال إيطاليا وعاصمة إقليم فينيتو (...)
Asian markets showed hesitation on Monday as fears over US inflation data threatened to upset the trajectory towards lower interest rates, according to Reuters.
Japan's potential currency intervention has momentarily checked the yen's fall. In (...)
Egypt's food exports have witnessed a significant activity during the period from March 16 until March 22, the Egyptian Cabinet stated on Sunday, citing the National Food Safety Authority's (NFSA) 12th weekly report of 2024.
According to the report, (...)
New car sales in the European Union rose by 10.1 per cent year-on-year in February, with France, Italy, Spain, and Germany all posting robust growth, Reuters reported on Thursday, citing the European Automobile Manufacturers Association (...)
Egypt's Prime Minister Moustafa Madbouly said on Tuesday that credit-rating agency S&P revising its outlook on Egypt from stable to positive signals confidence in Egypt's agenda of economic reforms.
He emphasised that recent government decisions, in (...)
The Egypt-EU Summit commenced in Cairo on Sunday, with Egyptian President Abdel Fattah Al-Sisi hosting dignitaries at the Ittihadya Palace, including the President of the European Commission, the Prime Minister of Belgium, the President of the (...)
The global commodity trading industry celebrated its second-best year ever in terms of profits, amassing over $100 billion in earnings and accumulating substantial cash reserves for investment in assets and expansion into new markets, Bloomberg (...)
فرضت هيئة المنافسة والمستهلك الإيطالية AGCM عقوبة مالية ضخمة على منصة التواصل الاجتماعي تيك توك بعد فشلها في حماية القاصرين من المحتوى الضار.
وبلغت الغرامة 10 ملايين يورو بعد تحقيق بشأن مخاوف تتعلق بالسلامة الخوارزمية والتنميط الخوارزمي للمستخدمين، (...)
فرضت هيئة المنافسة الإيطالية يوم الخميس غرامة قدرها 10 ملايين يورو (حوالي 11 مليون دولار) على تطبيق TikTok، قائلة إن تطبيق الفيديو الذي يحظى بشعبية كبيرة فشل في حماية القاصرين بشكل كافٍ.
وقالت هيئة مراقبة AGCM في بيان: "لقد فشلت الشركة في تنفيذ (...)
The European Union (EU) is finalizing a €7.4bn aid package for Egypt, aiming to bolster the country's finances amid regional instability, the Financial Times reported on Wednesday.
The newspaper cited concerns over the ongoing conflicts in Gaza and (...)