18+ hour, 48+ min ago   (318+ words) U.S. President Donald Trump said on Sunday that interest rates in the United States should be the lowest in the world, renewing pressure on the Federal Reserve ahead of its upcoming monetary policy meeting. Speaking to reporters on the sidelines of…...

23+ hour, 37+ min ago   (133+ words) OIC Secretary-General Meets Libya’s Permanent Representative, Discusses Cooperation Sada Elbalad english OIC Secretary-General Meets Libya’s Permanent Representative, Discusses Cooperation Organization of Islamic Cooperation Secretary-General Ismail Ould Cheikh Ahmed met Sunday with Libya’s Permanent Representative to the organization, Ambassador Mohamed Al-Hafi,…...

21+ hour, 22+ min ago   (330+ words) Artificial intelligence and robotics are reshaping Africa’s textile industry, offering manufacturers new ways to increase productivity, move into higher-value production and compete in global supply chains, according to a report by African Business. The report said textiles have traditionally provided…...

23+ hour, 37+ min ago   (185+ words) Major foreign and Arab currencies recorded higher official exchange rates against the Egyptian pound at the close of trading on Sunday, according to the latest rates issued by the Central Bank of Egypt. The broad upward movement was reflected across…...

23+ hour, 37+ min ago   (372+ words) Silver flows between China, India, and Western markets show that the global benchmark price is no longer sufficient on its own to assess demand strength or supply tightness, as taxes and import restrictions have increasingly fragmented the physical market into…...

23+ hour, 37+ min ago   (197+ words) Arab energy experts agreed Sunday to strengthen regional cooperation on electricity, renewable energy and energy efficiency, including efforts to update the Arab Sustainable Energy Strategy and expand cooperation on clean hydrogen. The agreements came at the seventh joint meeting of…...

1+ day, 21+ hour ago   (862+ words) S&P Global Ratings has affirmed Saudi Arabia’s long- and short-term sovereign credit ratings in both foreign and local currencies at A+/A-1, maintaining a stable outlook as the Kingdom navigates the economic and fiscal pressures stemming from the wider…...

4+ day, 8+ hour ago   (200+ words) Egypt’s annual urban inflation rate eased to 14.5% in August from 14.9% in July, data from the Central Agency for Public Mobilization and Statistics (CAPMAS) showed on Thursday. Annual inflation for the country as a whole fell to 12.7% in August from 13% in…...

5+ day, 11+ min ago   (594+ words) The U.S. dollar rose against the Egyptian pound at the close of trading on Wednesday, with the greenback gaining at most banks operating in Egypt’s local market. Al Ahli Bank of Kuwait recorded the highest dollar buying rate at EGP 51.27, while…...

5+ day, 11+ min ago   (753+ words) An analysis by Marsad Al Dahab points to a gradual shift in the management of Egypt’s gold reserves, with the Central Bank’s holdings rising from around 75 tonnes for decades to nearly 130 tonnes, alongside expanded purchases of locally produced gold through…...