Money & Economy1 min read
Alexandria Supply Directorate Hosts Inspector Training Session
The Directorate of Supply and Internal Trade in Alexandria hosted a training lecture aimed at enhancing market supervision and inspector qualifications.
Money & Economy
Inflation, rates, prices, banking
Latest briefs
Money & Economy1 min read
Egypt Signs Tourism Development Protocol in New Alamein
Egyptian Prime Minister Moustafa Madbouly witnessed the signing of a cooperation protocol aimed at maximizing asset utilization and boosting tourism development.
Money & Economy1 min read
Egypt's Prime Minister Reviews Progress on Alam El Rum North Coast Project
Egyptian Prime Minister Mostafa Madbouly chaired a meeting to review updates on the development of the Alam El Rum area on the North Coast, a joint initiative between Egypt and Qatar.
Money & Economy1 min read
Red Sea Ports Handle 7,000 Tons of Cargo and 400 Trucks
Red Sea ports handled 7,000 tons of general cargo and 400 trucks today while maintaining smooth maritime operations and a continued state of emergency readiness.
Money & Economy1 min read
Damietta Port Records Arrival of 8 Ships and Departure of 16 in 24 Hours
Damietta Port handled 24 vessel movements over 24 hours, welcoming 8 incoming ships and recording 16 departures, bringing total docked ships to 30.
Money & Economy1 min read
Egypt Reviews Draft Law for Real Estate Developers Federation
Egyptian Prime Minister Mostafa Madbouly has reviewed a proposed draft law to establish the Egyptian Federation of Real Estate Developers during a high-level meeting with senior housing ministry officials.
Money & Economy1 min read
Egypt Handsover Employment Contracts to People with Determination in Matrouh
Egyptian Minister of Labor Hassan Reddad and Matrouh Governor Mohamed El-Zamlout witnessed the distribution of job contracts for people with determination in Matrouh.
Money & Economy1 min read
Reserve Bank of India Releases Forward-Looking Survey Results
The Reserve Bank of India has published the findings from its latest forward-looking surveys, providing key insights into economic expectations, consumer sentiment, and business outlooks.
Money & Economy1 min read
Egypt Directs Push Toward Self-Sufficiency in Strategic Commodities
Egyptian directives aiming for self-sufficiency in key agricultural commodities intend to strengthen national food security and expand domestic production capabilities.
Money & Economy1 min read
Initiative Launched to Support Employment for Experienced Workers Over 40
The Ministry of Labor has launched an initiative aimed at supporting experienced individuals over the age of 40 by connecting them with suitable job opportunities.
Money & Economy1 min read
Egyptian Lawmaker Inquires About Government Financing Plan for SMEs
Egyptian MP Mohamed Abdel Hamid has submitted a parliamentary inquiry to the Prime Minister and relevant ministers regarding government plans to finance small and medium-sized industrial enterprises amid high interest rates and complex loan procedures.
Money & Economy1 min read
Egyptian MP Raises Parliamentary Question Over Unofficial Social Media Commerce
Egyptian MP Ashraf Amin has submitted a formal inquiry to House Speaker Hesham Badawy regarding the expansion of unregulated commercial activities on social media channels.
Money & Economy1 min read
Matrouh Supply Directorate Conducts Inspection Campaign on Local Bakeries
The Supply Directorate in Matrouh Governorate executed an inspection campaign across municipal and tourist bakeries, issuing official violation notices to non-compliant businesses.
Money & Economy1 min read
Monetary Policy Committee Resolution Released for 2026-27
The Monetary Policy Committee has completed its meeting held from August 3 to August 5, 2026, releasing its official monetary policy resolution for the 2026-27 fiscal year.
Money & Economy1 min read
Reserve Bank of India Issues Governor's Statement for August 2026
The Reserve Bank of India has published an official Governor's Statement on August 5, 2026, outlining official central bank communications.
Money & Economy1 min read
Egypt Offers Seven Investment Opportunities in 10th of Ramadan City
Egypt's New Urban Communities Authority has announced seven new investment opportunities in 10th of Ramadan City to attract further capital and development across multiple sectors.
Money & Economy1 min read
Green Logistics Key to Boosting Foreign Investment in Egypt
Dr. Belal Shoaib emphasized that transitioning to green logistics boosts Egypt's ability to attract foreign investment and solidifies its position as a regional hub, driven by national projects and the private sector.
Money & Economy1 min read
Expert Criticizes Public Remarks on High Earnings in Egypt
International expert Dr. Nader Nour El-Din directed criticism toward public discussions about individuals receiving monthly earnings in the millions, warning against provoking lower-income citizens.
Money & Economy1 min read
Egypt to Offer 15,000 Rental Housing Units in Governorates and New Cities
Egypt's Ministry of Housing will launch 15,000 rental apartments across various governorates and new cities within one month under Cabinet-approved terms.
Money & Economy1 min read
Egypt Holds Business Events in Beijing to Mark 70 Years of Diplomatic Relations
The Economic and Commercial Office of the Egyptian Embassy in Beijing organized three business events to celebrate the 70th anniversary of diplomatic ties with China. The move follows directives from Egypt's Minister of Investment and Foreign Trade to expand economic cooperation.
Money & Economy1 min read
New Labor Law Expands Benefits for Irregular Workers
The new labor law provides expanded benefits for casual and irregular workers, particularly during official holidays, while defining clear obligations and rights for both employers and employees.
Money & Economy1 min read
Neglect Reported at Qanatar Civilized Market Two Years After Launch
Nearly two years after its official opening, the Qanatar Civilized Market in Qanatar El Khayreya, Egypt, remains largely unfulfilled in its intended purpose. Recent reports point to vacant commercial stalls, damaged tiling, and stolen electrical infrastructure within the facility.
Money & Economy1 min read
Egypt Offers 197 Middle-Income Housing Land Plots in New Aswan
The Egyptian Ministry of Housing, Utilities, and Urban Communities has announced a new offering of 197 residential land plots for middle-income housing in New Aswan City as part of the Maskan program.
Money & Economy1 min read
Women Lead Urban Businesses in Colombia but Face Income Inequality
An analysis by Fundación WWB Colombia reveals that while women represent the majority of urban business leaders in Cali and nationally, they continue to operate under conditions of inequality and earn lower incomes.
Money & Economy1 min read
India Plans Tax Changes to Boost Foreign Investment and Manufacturing
India will seek parliamentary approval for tax adjustments aimed at boosting foreign investment and expanding domestic manufacturing, as Prime Minister Narendra Modi refocuses on his economic agenda following student protests.
Money & Economy1 min read
Egypt Offers New Investment Land Plots Under 5 Acres in New Fayoum City
The Egyptian Ministry of Housing announced a new offering of investment land plots under 5 feddans in New Fayoum City through direct allocation.
Money & Economy1 min read
Egypt Tightens Bakery Oversight Following Electricity Price Increases
Egypt's Ministry of Supply and Internal Trade has intensified market oversight on tourist bakeries across the country following recent electricity rate hikes. The directive aims to protect consumers from unauthorized increases in unsubsidized bread prices and curb market exploitation.
Money & Economy1 min read
Oyo Retirees Threaten Protest Over University Pension Dispute
Pensioners in Oyo State have threatened an indefinite protest against LAUTECH Teaching Hospital and Emmanuel Alayande University over alleged non-compliance with governor pension directives.
Money & Economy1 min read
Hong Kong Delivery Drivers Raise Concerns Over Injury Compensation
Hong Kong delivery drivers are expressing dissatisfaction with injury compensation payouts and processing times, highlighting severe financial strain during injury recovery.
Money & Economy1 min read
Councils Push for Authority to Set Own Mining Company Rates
Local councils are seeking regulatory changes that would allow them to independently determine rate payments for mining companies operating in their regions.
Money & Economy1 min read
German States Warn of Train Cancellations Over 400 Million Euro Track Fee Increase
German federal states are warning of potential train cancellations after an ECJ ruling led to an estimated 400 million euros in additional track fee costs for regional railways this year. Saarland's transport minister has called on the federal government to intervene.
Money & Economy1 min read
South Korea Consumer Inflation Rises 2.8% in July
South Korea's consumer prices grew 2.8 percent year-on-year in July, showing a moderation in inflation driven by a slowdown in oil price hikes.
Money & Economy1 min read
Nigeria's NEC Approves $4.5 Billion Refinancing for Oil-Backed Loan
Nigeria's National Economic Council has approved Project Gazelle 2, a $4.5 billion initiative to refinance an existing $3.3 billion oil-backed loan, unlocking $3 billion in liquidity.
Money & Economy1 min read
Manufacturing Survey Signals Inflation Worries Worse Than Pandemic Era
A recent manufacturing survey indicates growing inflation concerns that exceed pandemic-era levels, creating additional pressure on the Federal Reserve.
Money & Economy1 min read
Spain Calls for Unified EU Framework on Chinese Investment
Spain is calling for standardized European Union rules regarding Chinese investment as various regions within the country continue to court foreign capital from China.
Money & Economy1 min read
Kalshi Traders Expect July Jobs Report to Fall Below Economists' Forecasts
Speculators on the prediction market Kalshi see less than 50-50 odds that U.S. employers added over 80,000 jobs in July, suggesting trader expectations are cooler than traditional economic forecasts.
Money & Economy1 min read
China's Domestic Tourism Faces Slump as Hotel Revenues Fall
China’s domestic tourism sector is underperforming as soft consumer demand leads to falling hotel revenues and lower room rates across the industry.
Money & Economy1 min read
Fed's Williams Expects Inflation to Ease, Warns Fed Will Act If Needed
Federal Reserve official John Williams expects U.S. inflation to ease, but emphasized that the central bank remains prepared to act if price pressures do not moderate as expected.
Money & Economy1 min read
India Proposes Extending Tax Breaks for Contract Manufacturing
India has put forward a proposal to extend tax incentives for contract manufacturing, a move set to benefit major tech corporations such as Apple.
Money & Economy1 min read
Europe’s Wildfire Costs Exceed €3 Billion This Year, FT Analysis Shows
Europe's wildfire costs have topped €3 billion this year, according to a Financial Times analysis. The economic impact in the worst-hit countries has already outpaced official estimates for the bloc's average annual fire costs.