Hundreds of millions of dollars have flowed through Egypt's interbank market since the central bank allowed the Egyptian pound to depreciate by 13% to a historic low, bankers said on Thursday. The…

Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top…

The dramatic, multidimensional implosion of Meta; the nuclear train wreck of Elon Musk’s Twitter; the momentous labor uprising against Amazon—it wasn’t just an unusually disastrous year for America’s…

“I worked in Byblos (West Lebanon) for over 20 years. I used to make USD 50 a day. After the 2019 Lebanese banking sector collapse, my employers did not have access to their money in the banks, and…

Pandemic-related disruptions to global supply chains and the knock-on effects of Russia's war in Ukraine have driven up prices of energy, commodities, and necessities. Here's how governments are…

As part of the repercussions of the Russian-Ukrainian war, Europe is suffering from a severe energy crisis and has come to take strict measures to ration energy consumption. This is what some…

Oil prices jumped by 3% on Tuesday on hopes for a relaxation of China's strict COVID-19 controls after rare protests in Chinese cities over the weekend. Brent crude futures gained $2.50, or 3%, to…

Saudi Arabia, Egypt, and Algeria have emerged as strong candidates to join the "BRICS" group, which currently houses 40% of the world's population and whose gross domestic product (GDP) exceeds the…

World stocks and oil prices fell on Monday as fresh COVID-19 curbs in China fueled worries over the global economic outlook. The safe-haven dollar rallied, while the U.S. Treasury yield curve…

Recent news about a financial breakdown in an Egyptian E-commerce startup is putting the spotlight on the challenges facing startups and their growth in the North African country,especially after the…