Egypt's parliament passes unified real estate ID law    EGP stable vs. US dollar in early trade    Egypt's El-Khatib: Govt. keen on boosting exports    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "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    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    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 Health Min. discusses childhood cancer initiative with WHO    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Egypt's EDA discusses local pharmaceutical manufacturing with Bayer    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt expresses condolences to Canada over Vancouver incident    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 Malinne Blomberg
Opinion| Building more inclusive, resilient, integrated Egypt post-COVID-19
Faced with the novel coronavirus (COVID-19) pandemic, the Egyptian economy has demonstrated resilience, strength and agility. The national economy, which expanded by 3.5% in 2020, was one of few in Africa that posted positive growth for the year. (...)

21 - 03 - 2021
Signs Egypt's economy may be recovering as PMI rises
Economic activity for Egypt's non-oil private sector accelerated the most since 2014, a sign that growth may be recovering after authorities abandoned currency controls and secured a $12 billion IMF loan deal. The Emirates NBD Purchasing Managers' (...)

06 - 03 - 2017
Egypt credit outlook cut to negative by S&P on finance pressure
Egypt's credit outlook was cut to negative from stable at S&P Global Ratings, which expected continued foreign exchange shortages as aid from Gulf Arab allies deteriorate because of the slump in their oil-related revenue. The most populous Arab (...)

15 - 05 - 2016
Egypt's Foreign Reserves Rise to Highest in Eight Months
Egypt's foreign reserves rose to the highest since August after the country's cash savings grew. Net international reserves climbed 2.7 percent from a month earlier to $17 billion, according to data published on the central bank's website. Cash (...)

05 - 05 - 2016
Abraaj Said to Seek Up to $300 Million Value in Egypt Health IPO
Buyout firm Abraaj Group is seeking a valuation of as much as $300 million for a group of hospitals it plans to list on the Egyptian stock exchange, according to two people familiar with the matter. An initial public offering for Cleopatra Hospital (...)

05 - 05 - 2016
European stocks slide as oil retreat drags energy firms
European shares started the new quarter with fresh declines as oil companies tumbled and investors assessed the implications of better-than-expected US jobs data. A measure of energy-related companies fell the most of the 19 industry groups on the (...)

03 - 04 - 2016
Gold Prices Rise 16% In Q1 – Best Quarter In 30 Years
Gold prices gained 16% in the first quarter and had their best quarterly performance since 1986. Gold made gains due to continuing ultra loose monetary policies, diminished U.S. rate-increase expectations, worries about global economic growth, both (...)

02 - 04 - 2016
Gold Sinks to Lowest in a Month as Dollar's Rally Blunts Allure
Gold has been thrown onto the defensive by a resurgent dollar, sinking to the lowest in more than a month as the U.S. currency's rally hurts the allure of the metal that's been the best-performing commodity of 2016. Bullion for immediate delivery (...)

28 - 03 - 2016
European Hotel Stocks Fall After Explosions at Brussels Airport
Shares of European hotel companies fell after reports that two explosions ripped through a Brussels airport departure hall on Tuesday morning, causing deaths and injuries. The Bloomberg Europe Lodging Index, composed of the seven leading lodging (...)

22 - 03 - 2016
If Oil Prices Have Hit Bottom, the Top May Not Be Too Far Away
The top of the oil market may be closer than you think. With Brent futures having bounced back to $40 a barrel, the International Energy Agency sees "light at the end of the tunnel," and Goldman Sachs Group Inc. is spotting "green shoots." Even so, (...)

15 - 03 - 2016
Dollar Rally Derailed as Gradual Fed Pace Prompts December Blues
The dollar's in a funk. The U.S. currency is headed for its biggest monthly loss since June after the Federal Reserve raised its target from near zero on Dec. 16 and underscored that it'll proceed gradually with additional interest-rate (...)

26 - 12 - 2015
Egypt to Offer Saudis `Major' Projects as King's Son Plans Visit
Egypt said Saudi Arabia's Deputy Crown Prince Mohammed Bin Salman will visit Cairo within days as the two governments prepare to discuss aid and major investments to support an Egyptian economy struggling amid a dollar crunch hurting business (...)

13 - 12 - 2015
Egypt will cooperate with "Lazard Group LLC" to energize the country's economy
Egypt will cooperate with global financial adviser "Lazard Group LLC" to help in making strategies of projects to energize the country's economy, which reflects the government's latest efforts to restore investments after almost four years of (...)

20 - 11 - 2015
Saudis courting Europe as oil competition heats up
Saudi Arabia is cutting prices and courting new customers in Europe in the face of growing competition from fellow OPEC members. The kingdom is responding to an increase in Iraqi shipments and Iran's preparation to resume exports after sanctions by (...)

07 - 11 - 2015
Pakistan Orders TV Channels to Stop Covering Militant Groups
Pakistan directed private television channels to restrict coverage of militant groups as it attempts to convince the world it's doing more to clamp down on terrorist outfits. The Pakistan Electronic Media Regulatory Authority ordered stations to (...)

06 - 11 - 2015
Dubai stocks rise after boost in risk appetite
Dubai stocks advanced the most in more than two weeks after measures taken by central banks in Europe and China to shore up the global economy boosted appetite for riskier assets. The DFM General Index climbed 0.3 percent, the most since Oct. 7, to (...)

26 - 10 - 2015
Bulgaria, Romania, Serbia Ready to Close Borders for Migrants
Bulgaria, Romania and Serbia are concerned that possible closing of borders for migrants by some European Union countries may cause a bottleneck stranding millions of refugees on their territory, forcing the three states to close their borders as (...)

25 - 10 - 2015
Ukraine sees signs that truce can endure
As Vladimir Putin's bombing campaign in Syria enters a fourth week, Ukrainian officials are increasingly hopeful the country's cease-fire with pro-Russian separatists will lead to a lasting peace. The financial penalties the U.S. and EU imposed on (...)

23 - 10 - 2015
Europe, Asia stocks build on $2.5 trillion rally
Asian and European stocks rose, extending a global equity rally, while Indonesia's rupiah was headed for its best week since 2001 as investors piled back into riskier assets amid speculation the Federal Reserve won't be raising interest rates until (...)

10 - 10 - 2015
Wealth funds from Oslo to Riyadh raid coffers to offset oil
From Oslo to Doha, Riyadh to Moscow, governments that rode crude's historic rise to unprecedented wealth are now being forced to start repatriating their rainy-day funds just to make ends meet. The halving of oil to less than $50 a barrel has the (...)

10 - 10 - 2015
Lagarde: China's economic shift will be bumpy ride
China is undergoing an "enormous" economic and financial transformation that, while anticipated by Chinese policymakers, will still create some turbulence for the global economy, IMF Managing Director Christine Lagarde said. "China is moving, and (...)

09 - 10 - 2015
Riyadh said to order spending curbs to counter oil slump
Saudi Arabia is ordering a series of cost-cutting measures as the slide in oil prices weighs on the kingdom's budget, according to two people familiar with the matter. The Finance Ministry told government departments not to contract any new projects (...)

09 - 10 - 2015
UAE won't let oil prices disrupt energy investments
The United Arab Emirates, the fourth-biggest OPEC producer, is sticking with investment projects to boost energy output even after the plunge in oil prices in the past year. "Investments are ongoing, we are a mature producer," Energy Minister Suhail (...)

06 - 10 - 2015
Qatar stocks gain as Fed rate increase bets recede; Dubai drops
Qatari equities rose to the highest in almost three weeks on light trading, tracking gains in global markets Friday that were fueled by the fading prospect of an increase in U.S. interest rates this year. Dubai's stocks declined. The QE Index (...)

05 - 10 - 2015
Oil puts Saudi budget deficit beyond reach of spending cuts
The slump in oil prices has spurred Saudi Arabia's government to search for savings, contemplate project delays and sell bonds for the first time since 2007. It won't be enough to prevent the kingdom's biggest deficit in decades. "The revenue drop (...)

18 - 09 - 2015
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