Euro area GDP growth accelerates in Q1'25    Germany's regional inflation ticks up in April    Kenya to cut budget deficit to 4.5%    Taiwan GDP surges on tech demand    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    Cabinet approves establishment of national medical tourism council to boost healthcare sector    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    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-Mashat urges lower borrowing costs, more debt swaps at UN forum    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 pleads before ICJ over Israel's obligations in occupied Palestine    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    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'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    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    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
Germany among EU's priciest labour markets – official data
Germany ranked seventh in the European Union for labour costs in 2024, with enterprises in manufacturing and services paying an average of €43.40 per hour worked, according to the Federal Statistical Office (Destatis). This figure was about 30 per (...)

30 - 04 - 2025
Germany's economy grows slightly in Q1 '25
Germany's economy expanded by 0.2 per cent in the first quarter of 2025 compared to the previous quarter, according to data from the Federal Statistical Office (Destatis) on Wednesday. The uptick follows a 0.2 per cent contraction in the final (...)

30 - 04 - 2025
Egypt to boost marine protection with new tech partnership
Egypt's Minister of Environment Yasmine Fouad held talks with Khaled Raslan and Mohamed Hossam, founders of the Marine Environment Protection Association, to explore cooperation on preserving and developing Egypt's marine ecosystems. The two sides (...)

30 - 04 - 2025
EGP stable vs. US dollar in early trade
The Egyptian pound (EGP) remained unchanged against the US dollar (USD) in early trading on Wednesday, April 30, 2025. Bank Buy Sell National Bank of Egypt (NBE) 50.75 50.85 Banque Misr 50.75 50.85 Arab African International Bank 50.75 (...)

30 - 04 - 2025
Egypt's Youth Ministry to launch startup work hubs nationwide
Egypt's Ministry of Youth and Sports signed a cooperation protocol with startup incubator MQR to launch Makani project, which will provide shared workspaces in youth centres and development hubs across the country. The initiative aims to create an (...)

30 - 04 - 2025
France's harmonised inflation eases slightly in April
France's Harmonised Index of Consumer Prices (HICP) rose by 0.8 per cent year on year in April 2025, down slightly from 0.9 per cent in March, according to a provisional estimate by the national statistics office released on Wednesday. Month on (...)

30 - 04 - 2025
Egypt, China firm partner to locally produce MRI, X-ray devices
The Arab African Company for Medical Industries (AACMI), a subsidiary of the Arab Organisation of industrialisation (AOI), signed a cooperation agreement with the Chinese company XINGAOYI MEDICAL EQUIPMENT CO. LTD. (XGY), certified with European (...)

30 - 04 - 2025
France's economy rebounds in Q1 '25
France's gross domestic product (GDP) rose by 0.1 per cent in the first quarter of 2025, recovering modestly from a 0.1 per cent decline in the final quarter of 2024, according to preliminary data from the national statistics office Insee. The (...)

30 - 04 - 2025
Egypt to build local blood collection bag factory in SCZone
Egypt's Prime Minister Moustafa Madbouly witnessed the signing of a shareholders' agreement to establish a factory to produce blood collection bags and bladders in the Suez Canal Economic Zone (SCZone) in Ain Sokhna. The agreement is a partnership (...)

30 - 04 - 2025
Germany's regional inflation ticks up in April
Consumer prices in four of Germany's largest states posted modest gains in April, as higher food costs continued to fuel inflation while falling energy prices offered some relief, regional data showed on Wednesday. In Bavaria and North (...)

30 - 04 - 2025
European indices advance on strong economic data
European shares edged higher on Wednesday, supported by upbeat economic data. The pan-European STOXX 600 rose 0.30 per cent by 11:16 GMT, supported by data showing economic expansion across Europe. Germany's DAX gained 0.53 per cent after data (...)

30 - 04 - 2025
Euro area GDP growth accelerates in Q1'25
The euro area economy grew by 0.4 per cent in the first quarter of 2025, up from 0.2 per cent in the previous quarter, according to a preliminary estimate from Eurostat on Wednesday. GDP in the broader European Union rose by 0.3 per cent, slightly (...)

30 - 04 - 2025
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
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