Economy

Wagdy Abdelaziz Colin’s, a rapidly growing retail chain in Egypt, opened its 16th store at Cairo Festival City Mall. Turkish Ambassador to Cairo Salih Mutlu Şen confirmed that Turkish retail chains are rapidly expanding and growing in Egypt. The well-known Colin’s chain, which manufactures in Turkey and Egypt, opened its …

May 2 (Reuters) – Global food commodity prices increased in April, driven by higher cereal, meat and dairy product prices that outweighed falls in sugar and vegetable oils, the United Nations’ Food and Agriculture Organization said on Friday. The FAO Food Price Index, opens new tab, which tracks monthly changes in …

More than 1,000 people protested Sunday in the Moroccan port city of Tangier against the planned docking of a Danish vessel said to be carrying fighter jet parts to Israel. The French CGT union claims no such weapons have been found. Dockworkers and organisations supporting Palestinians in Gaza said in …

Wagdy Abdelaziz Prof. Dr. Ömer Bolat, Minister of Trade, Republic of Türkiye, has stressed that his country attaches great importance to strengthening international trade partnerships in light of the current global economic challenges. He pointed out that Turkiye seeks to establish new frameworks of cooperation based on transparency and reducing …

Wagdy Abdelaziz Asian Ambassadors’ Group hold a meeting  at the Turkish Ambassador’s   residence, with the participation of Egyptian Finance Minister Ahmed kouhk. Ambassadors from 15 Asian countries attended the meeting, with Finance Minister Ahmed Koujk serving as the guest of honor and keynote speaker. Finance Minister Ahmed Koujk noted the …

Muhamad Yehia.. Cairo Here at FYN attention to detail is everything, not just the food on the plate, but every aspect of the business. The restaurant in Cape Town’s city centre is the first on the African continent to be given the Sustainable Restaurant Association’s highest accolade – 3 stars …

Muhamad Yehia.. Cairo Chinese President Xi Jinping on Friday called for stronger cooperation between his country and the European Union to resist ”bullying”. Xi was meeting Spanish Prime Minister Pedro Sanchez who is visiting Beijing. His remarks come as a trade war with Washington escalates, with president Donald Trump authorizing …

Muhamad Yehia .. Cairo the lack of reliable data: a major obstacle to investment and growth on the continent, the efforts of Congo-Brazzaville to strengthen its food sovereignty with Protected Agricultural Zones, and the economic crisis in the DRC, exacerbated by business closures and ongoing violence. Without reliable data, is …

Muhamad Yehia .. Cairo During the second ministerial meeting of the EU-Horn of Africa Migration Route Initiative, also called Khartoum Process, Egypt’s foreign minister Badr Abdelatty said that Egypt has made “strenuous efforts” to tackle migration and asked for more support from European nations. According to Abdelatty, “no migrant boats” …

Global markets continue to experience sharp decline after Trump announced blanket tariffs on US imports of products from more than 180 countries and territories, ranging in severity from 10% to more than 50% Muhamad Yehia.. Cairo Stock markets worldwide are careening even lower Friday after China matched US President Donald …