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COST CUTS IN EGYPT
World's highest-consuming 10 pc causing environmental damage of up to USD 5.7 trn annually: StudyThe world's top consumers, mainly in the US and EU, cause trillions in environmental damage annually. Biodiversity loss and climate change ...- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- India Inc hikes prices, shrinks packs as Iran war squeezes marginsIndian businesses face mounting pressure from soaring oil, freight, and insurance costs. Companies are increasing prices and reducing produ...
- What if the Strait of Hormuz didn’t reopen?The Strait of Hormuz, a vital oil route, faces potential prolonged closure. This situation mirrors past disruptions, raising concerns about...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- Turkish Airlines suspends flights to 23 cities — check the full list and if you are affectedTurkish Airlines has stopped flights to 23 cities due to fuel problems and war impact. Many routes are paused for now and may start later t...
- Cheap batteries are taking over the world’s power gridsThis boom, led by China's manufacturing prowess, is making batteries a crucial tool for grid resilience and a cost-effective alternative to...
- Textiles Ministry plans duty cuts to shield industry amid West Asia crisisIn a bid to navigate the turbulent waters of global shipping issues, India's textiles ministry is advocating for lower duties on rayon pulp...
- West Asia’s unquiet hour: Hidden costs and a strategic opening for IndiaIran war: The West Asia situation is causing ripples in international markets, with oil costs climbing and trade logistics becoming increas...
- Egypt's middle class cuts costs as IMF-backed reforms take holdEgypt's middle class is facing an unprecedented economic crisis, with many struggling to afford basic necessities. IMF-backed reforms, incl...
- Egypt, UAE resume first Qatar flights since 2017Egypt and the United Arab Emirates (UAE) joined Saudi Arabia and Bahrain in cutting ties with Qatar in June 2017, accusing it of being too ...
- Cooler, greener, cheaper: Egyptian architects seek antidotes to rising heatFaced with rising temperatures, Egyptian architects are working to come up with green buildings that can keep people safe and cooler, and c...
- Siemens to supply turbines for Egyptian power plantSiemens will supply four turbines to a power plant near Egypt's Suez City to add more than 650 MW of power generation to creaking national ...
- Citi cuts around 35 jobs on London trading floor: SourcesUS bank Citi has cut around 35 jobs across its capital markets trading operation in London, sources with knowledge of the changes said.
- Rising food and energy costs enough to topple govts: RoubiniEconomist Nouriel Roubini says surging food & energy costs are stoking emerging market inflation that's serious enough to topple govts.
- Egypt unrest could impact aviation in regionAn aviation think tank warned Tuesday that the unrest in Egypt and other countries could have a profound impact on air travel in the region.
- Nokia Siemens Networks to trim jobsThe 50:50 joint venture Nokia Siemens Networks said Tuesday it planned to cut some 1,250 jobs in Finland and Germany as part of cost-cuttin...
- Egypt, Saudi Arabia improve ways of doing businessAccording to a report published by the World Bank, Egypt has topped the list of reformers in the way of doing business, jumping a total of ...
- Egypt, Saudi Arabia improve ways of doing business: World BankEgypt has topped the list of reformers in the way of doing business, jumping a total of 39 places, but it still ranks 129 in a total of 178...
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