Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt to unveil 'national economic development narrative' in June, focused on key economic targets    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    Italy's consumer, business confidence decline in April '25    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt's TMG eyes $17bn sales from potential major Iraq project    Egypt's Health Min. discusses childhood cancer initiative with WHO    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Asia-Pacific stocks rise on Wall Street cues    Egypt's EDA discusses local pharmaceutical manufacturing with Bayer    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Egypt expresses condolences to Canada over Vancouver incident    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Health Min. strengthens healthcare ties with Bayer    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    49th Hassan II Trophy and 28th Lalla Meryem Cup Officially Launched in Morocco    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Paris Olympics opening draws record viewers    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Aya El Sayed
EU economic sentiment weakens in April '25
Economic sentiment across the European Union fell sharply in April, with consumers and retailers driving the downturn amid mounting concerns over household finances and business outlook, the European Commission said on Tuesday. The Economic (...)

29 - 04 - 2025
Sterling nears 3-year high on solid UK fundamentals
The pound Sterling edged 0.20 per cent lower to $1.3409 versus the dollar on Tuesday but remained near its highest level since February 2022, supported by expectations of resilient UK fundamentals ahead of critical US economic data releases. The (...)

29 - 04 - 2025
Eurozone business lending accelerates in March, ECB data shows
Lending to eurozone businesses picked up pace in March, rising 2.3 per cent year-on-year, up from 2.1 per cent in February, according to European Central Bank data released on Tuesday. The increase marks the fastest growth since mid-2023, suggesting (...)

29 - 04 - 2025
Egyptian pound inches up against dollar at Tuesday's close
The Egyptian pound (EGP) saw a minor rise against the US dollar (USD) on Tuesday, April 29, 2025, according to data from the Central Bank of Egypt (CBE). The CBE reported an average buying rate of EGP 50.7557 per dollar and a selling rate of EGP (...)

29 - 04 - 2025
Accord to establish 2 polyester, fabric waste recycling firms in Egypt
Misr Artificial Silk and Polyester Fibers Company, a subsidiary of Egypt's Holding Company for Cotton, Spinning, Weaving, and Clothing, signed a shareholder agreement with UAE-based Usman International to establish two new companies for two (...)

29 - 04 - 2025
German consumer sentiment continues recovery in April – GfK
German consumer sentiment improved further in April, with income expectations and willingness to buy both rising, while savings declined, according to the latest GfK Consumer Climate survey powered by NIM. The consumer climate index is forecast to (...)

29 - 04 - 2025
Egypt's Health Min. discusses childhood cancer initiative with WHO
Egypt's Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar held a meeting with a delegation from the World Health Organisation (WHO) to follow up on the Global Initiative for Childhood Cancer (GICC). The meeting (...)

29 - 04 - 2025
Spain's inflation eases in April on lower energy prices
Spain's inflation slowed slightly in April 2025, with the Consumer Price Index (CPI) falling to 2.2 per cent , down from 2.3 per cent in March, according to a preliminary estimate from the National Statistics Institute (INE) published on (...)

29 - 04 - 2025
Egypt's GAFI Hosts Egypt-China Forum for Investment, Innovation
Egypt's General Authority for Investment and Free Zones (GAFI) hosted the Egypt-China Forum for Investment, Innovation and Entrepreneurship Partnerships, aimed at linking the Egyptian business community with Chinese innovation leaders, as per a (...)

29 - 04 - 2025
Egypt's SCZone launches $1.65b Chinese metal complex
Egypt's General Authority for the Suez Canal Economic Zone (SCZone) witnessed the groundbreaking of the Xin Feng Integrated Complex for Metal Industries in the Sokhna Integrated Zone, a project with total investments of $1.65 billion, approximately (...)

29 - 04 - 2025
EGP wavers vs. USD in early trade
The Egyptian pound (EGP) fluctuated against the US dollar (USD) in early trading on Tuesday, April 29, 2025. Bank Buy Sell National Bank of Egypt (NBE) 50.78 50.88 Banque Misr 50.78 50.88 Arab African International Bank 50.77 (...)

29 - 04 - 2025
Spain could face €1b economic hit from blackout, analysts say
Spain could suffer economic losses of up to €1 billion following Monday's widespread blackout, according to estimates cited by local newspaper The Objective as cited by TASS. The outage forced businesses to halt operations, significantly impacting (...)

29 - 04 - 2025
Italy's consumer, business confidence decline in April '25
Italy's consumer and business confidence both fell sharply in April, signalling rising pessimism about the country's economic outlook, national statistics agency Istat said on Tuesday. The consumer confidence index dropped from 95.0 to 92.7, while (...)

29 - 04 - 2025
European shares gain on Monday amid trade talks
European shares edged higher on Monday as investors weighed the prospects of easing tariff tensions and a key week of corporate earnings and economic data. Hopes that the US may negotiate with China to cool a growing trade dispute lifted European (...)

28 - 04 - 2025
Bitcoin up on Monday as global markets recover
Bitcoin held steady on Monday, rising 0.61 per cent to $94,789.4 by 04:33 AM ET (08:33 GMT), following a strong rebound over the past week driven by steady buying into spot exchange-traded funds. The cryptocurrency had bounced back from early April (...)

28 - 04 - 2025
Eurozone government bonds rise on data expectations
Eurozone government bonds posted slight gains Monday, with investors largely in wait-and-see mode amid a lack of new developments on US trade tariffs. Germany's 10-year yield rose nearly 2 basis points to 2.49 per cent, staying near the lower end of (...)

28 - 04 - 2025
ECB's Knot warns of complex June meeting amid inflation risks
The European Central Bank's (ECB) upcoming policy meeting in June will be highly complex as policymakers weigh inflation risks arising from US tariffs, Dutch central bank governor and ECB Governing Council member Klaas Knot said in an interview with (...)

28 - 04 - 2025
Spanish shoppers boost sales in March, e-commerce shines
Spanish retail sales maintained a steady pace in March 2025, with the General Retail Trade Index (RTI) at constant prices showing a 3.6 per cent year-on-year increase, matching the growth rate observed in February, according to official data (...)

28 - 04 - 2025
Egypt's Housing Min. eyes real estate full digital transformation
Egypt's Minister of Housing, Utilities and Urban Communities Sherif El Sherbiny held meeting on Monday with the representative of the Egypt Real Estate Platform Ahmed El Batrawy to explore cooperation opportunities in the field of digital (...)

28 - 04 - 2025
Egypt's SCZONE breaks ground on Treegas LPG project
Egypt's Suez Canal Economic Zone (SCZone) on Sunday launched construction of a €14 million ($15.8 million) plant by Egyptian company Trigas to manufacture and fill composite liquefied petroleum gas (LPG) cylinders in the Sokhna Industrial Zone. The (...)

28 - 04 - 2025
Egypt's El-Khatib discuss cotton sector expansion with ICAC
Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib met with Eric Trashtenberg, executive director of the International Cotton Advisory Committee (ICAC), to discuss ways to enhance Egypt's cotton industry and increase its global (...)

28 - 04 - 2025
EGP tick down vs. USD in early trade
The Egyptian pound (EGP) declined slightly against the US dollar (USD) in early trading on Monday, April 28, 2025. Bank Buy Sell National Bank of Egypt (NBE) 50.90 51.00 Banque Misr 50.90 51.00 Arab African International Bank 50.90 (...)

28 - 04 - 2025
Egypt's PM, German Ambassador discusses boosting economic ties
Egypt's Prime Minister Moustafa Madbouly held a meeting with German Ambassador to Egypt Jürgen Schulz to discuss key issues of mutual interest and ways to strengthen bilateral cooperation, as per a Cabinet statement. Madbouly expressed Egypt's (...)

28 - 04 - 2025
Egypt eyes renewable energy expansion with environmental focus
Egypt's Minister of Electricity and Renewable Energy Mahmoud Esmat met with Minister of Environment Yasmin Fouad to discuss strengthening cooperation on environmental and renewable energy issues, particularly wind energy, as per a Cabinet (...)

28 - 04 - 2025
UK retail sales fall in April '25
UK retail sales volumes dropped at the slowest rate since October in April, according to a survey by the Confederation of British Industry (CBI) cited by Reuters. The monthly gauge of retail sales compared to the previous year rose to -8 in April (...)

28 - 04 - 2025
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