Economy

Egypt says it has made “strenuous efforts” in tackling illegal migration, calls for European support

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” …

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European and US markets continue to drop after Trump’s global tariffs

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 …

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Twenty African Countries Hit with High Trump Tariffs

The country that President Donald Trump declared “nobody’s ever heard of” during his 4 March address to Congress has been hit with the highest U.S. tariffs in the world. Lesotho tops the list of 20 African nations upon which the White House has announced what it calls “reciprocal” tariffs, which add to …

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Africa Must Not Be Left Behind, Kagame Tells AI Summit

Wagdy Abdel Aziz President Paul Kagame on Thursday, April 3, issued a rallying call for African leaders to take daring actions in embracing artificial intelligence (AI), and ensure that the continent is not left behind in the technological revolution. Speaking at the Global AI Summit on Africa underway in Kigali, …

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China imposes retaliatory 34% tariff on imports of all US goods

China’s move comes in response to US tariffs, totalling 34% on Chinese goods, announced by Washington this week Muhamad Yehia .. Cairo China announced on Friday that it would impose a 34% tariff on imported goods from the US, starting 10 April. The move is a response to a US …

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US mulls travel ban on citizens from 43 countries, including Russia — reports

Muhamad yahia US President Donald Trump’s administration is considering banning all travel to the country from 11 countries, the so-called “red list”. The other countries are in the “yellow and orange” lists, US domestic media reported. The Trump administration is considering a new travel ban that could affect citizens from …

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US President Donald Trump launches airstrike on Iran-backed Houthi rebels in Yemen

  Muhamad Yehia US President Donald Trump says he is ready to use “overwhelming lethal force” until Iranian-backed Houthi rebels cease their attacks on shipping along a vital maritime corridor. US President Donald Trump launched a series of airstrikes on Yemen’s capital, Sanaa, promising to use “overwhelming lethal force” until …

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Service industry helps give late boost to UK’s economic growth

Muhamad Yehia The UK economy inched up slightly in the last quarter of 2024, ahead of market expectations. However, the country is still dealing with slower growth than some of its other G7 peers. The UK economy grew by 0.1% in the last quarter of 2024, according to the Office …

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Soaring cocoa prices prove a costly treat for Valentine’s Day lovers

Muhmad Yehia St Valentine’s Day chocolates are always a great way to show how deep your love is. But this year, it might just also show how deep your pockets are! With the price of cocoa beans setting unprecedented records on the commodities market, this year means it is certainly turning …

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Egypt’s Sustainable Economic Workers’ System” welcomes the first Libyan delegation of youth to activate the training programme on cybersecurity and artificial intelligence

Dr. Suad Farah Al-Shaari, Director of the Labour and Rehabilitation Office of the Libyan Government in Derna: Egypt is rich in resources and cultures in areas such as training, employment, cybersecurity, and information technology With a warm and distinguished welcome featuring bouquets of flowers for the delegation. The engineer Haitham …

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