EBRD to Finance Reefy With $6.47mln to Support Entrepreneurs in Egypt
Egypt - The EBRD is supporting young entrepreneurs in Egypt with a loan of up to EGP 200m (approximately €6m)...
Economy
Ukraine Asks Lebanon to Bar Syrian Ship Carrying ‘Stolen’ Corn From Docking
BEIRUT: Ukrainian officials on Thursday asked Lebanon to bar a Syrian state-owned cargo ship carrying allegedly stolen Ukrainian grain from...
Turkish Central Bank Unleashes Big Interest Rate Hike in Another Sign of an Economic Shift
ANKARA: Turkiye’s central bank raised its key interest rate by an aggressive 7.5 percentage points on Thursday, a larger-than-expected hike that...
Egypt’s Engineering Exports Surge 10% in 7 Months
Egypt - The monthly report of the Engineering Export Council of Egypt (EEC) revealed that engineering exports increased in the...
Iran Looks for Its Lost Billions in Syria
The release of Iran’s $6 billion frozen funds from South Korea has prompted a website in Tehran to ask: What...
Syria Protests: Why is the Lira in Freefall?
As protests continue to erupt across Syria over the country's unrelenting economic crisis, with protestors demanding the removal of Syrian President Bashar al-Assad, the...
Chinese CSCEC to Boost Business, Expand Urban Development Across Egypt
Beijing – China State Construction Engineering Corporation (CSCEC) stated that it cares about developing all Egypt’s areas and to keep cooperation...
Qatar Central Bank’s Foreign Reserves Surge by 14.3% in July
Qatar - International reserves and foreign currency liquidity of Qatar Central Bank (QCB) jumped last July to reach QR241.572bn an...
Russia, Qatar Aim to Ditch Dollar in Bilateral Trade: Envoy
The Russian ambassador to Qatar says the two countries are seeking to use national currencies in their bilateral trade amid...
Transformative Industries: a Catalyst for Egypt’s Economic Growth
Transformative industries are an important contributor to Egypt’s economy for playing a role in securing local demand and increasing exports....
