ECB Holds Interest Rate Pause After Ten Increases in Over a Year The European Central Bank (ECB) has decided to pause its interest rate hikes after implementing ten consecutive increases in just over a year. While the European inflation has not yet sufficiently decreased, the ECB does not want to further raise interest rates as … Read more
Paris Metro System Faces Delays Ahead of 2024 Olympics The Paris Metro system is facing delays in the construction of several new lines, raising concerns about its readiness for the influx of tourists expected during the 2024 Olympic Games. While the extension of Line 14 is on track to be inaugurated in time for the … Read more
Dubai, United Arab Emirates (CNN) – On Thursday evening, the curtain was removed from the new version of “play station 5”, which is considered one of the most widespread electronic gaming devices in the world. And published a Playstation on its official page on the social networking site, Twitter, a video clip showing the new … Read more
Subscribe to receive economy news – – The exchange rates of the dollar, against the pound, stabilized on Saturday, coinciding with the weekly leave, for Egyptian banks and banks, where the exchange rate at the Central Bank of Egypt recorded 16.14 pounds for purchase and 16.24 pounds for sale. While the dollar exchange rate was … Read more
Dubai, United Arab Emirates (CNN) – The Egyptian authorities announced, on Wednesday, a new oil discovery investigation in the Abu Sennan area in the Western Desert, according to the Egyptian Al-Ahram Gate. Al-Ahram stated in its report: “The detection was achieved after drilling the Salmiya-5 well and placing it on the production map at a … Read more
Subscribe to receive economy news – – Amir Rizk, a member of the Gold Division, said that the price of gold recorded a remarkable increase, at the end of trading on Tuesday, at a value that exceeded 6 pounds per gram, compared to the starting prices, due to the high price of the dollar on … Read more
<div id = "firstBodyDiv" data-bind-html-content-type = "article" data-bind-html-compile = "article.body" data-first-article-body = " Crocs, a mixture of light and sandal, was popular in the mid-millennium, and was considered by many to be the “ugliest shoe in the world”, a nickname Crocs earned for its exotic rubber shape. But the shoe, which many fought, was used … Read more
Subscribe to receive economy news – – Osama Abu El-Magd, President of the Association of Automobile Dealers, said that the auto market suffers from a severe recession of up to 60%, due to the spread of Corona virus. Worldwide, 45% of production components are imported from China for all types of Japanese, Korean and German … Read more
Subscribe to receive the most important news – – The exchange rate of the dollar against the Egyptian pound stabilized at the beginning of trading today, Saturday, May 9, 2020, at the last transactions on Friday, where the green foreign currency recorded 15.70 pounds for purchase, 15.80 pounds for sale in the central bank. The … Read more
Dubai, United Arab Emirates (CNN) – Lucid Motors Company, in which the public investment fund in the Kingdom of Saudi Arabia has invested $ 1 billion, has started to receive applications for new cars, “Lucid Air”. On its official website, Lucid offered the value of the deposit on the car, offering a number of options … Read more