Egypt needs an urgent rescue plan
All over the world, when interest rates go up, the exchange rate of the local currency rises against other currencies. This is a rule of thumb, but what happened...
March 23, 2022
All over the world, when interest rates go up, the exchange rate of the local currency rises against other currencies. This is a rule of thumb, but what happened...
March 23, 2022
Today students at over 70 universities across the world will hold demonstrations on campus and email their Vice Chancellors calling for a full withdrawal of investments in companies complicit...
March 23, 2022
The Sudanese pound yesterday devalued against the US dollar once again. Local sources told Anadolu Agency that the US dollar exceeded 700 Sudanese pounds, compared to 675 pounds on...
March 23, 2022
Egypt’s Suez Canal Authority (SCA) yesterday raised additional fees imposed on some ships transiting the canal to 14 per cent, up from seven per cent. The new rates come into...
March 23, 2022
Saudi Arabia yesterday warned of Iran’s continued supply of ballistic missiles and drones to Yemen’s Houthis, stressing that they pose a threat to global oil supplies. The Saudi Council...
March 23, 2022
News agencies are reporting that top football clubs are keeping an eye on Mohamed Salah’s contract talks with Liverpool FC, which appear to be making little progress. His contract...
March 23, 2022
Iraq will conclude a memorandum of understanding (MoU) with the Jordanian defence ministry to increase security cooperation, Anadolu news agency reported. The Iraqi national security adviser, Qasim Al-Araji said in a statement...
March 23, 2022
Former Qatari Prime Minister, Sheikh Hamad Bin Jassim Al Thani, warned Gulf states of the West’s exploitation of their wealth without taking into consideration the region’s interests. “The West...
March 23, 2022
As the death toll continues to rise in the protests against Sudan’s military rulers, the local currency has plummeted after the Central Bank’s flotation exacerbated the country’s deepening economic...
March 23, 2022
Turkish Foreign Minister, Mevlut Cavusoglu, yesterday announced that he had “constructive discussions” with his Saudi counterpart Faisal Bin Farhan on bilateral relations. “Met with foreign minister Faisal Bin Farhan...