Author: Steven Sahiounie

Cairo – The net international reserves (NIR) at the Central Bank of Egypt (CBE) surged by $5 billion to $40.36 billion at the end of March 2024.

Three former Supreme Court justices joined more than 600 members of the British legal profession in calling for the UK government to halt arms sales to Israel, saying it could make Britain complicit in genocide in Gaza. Echoing the growing number of opposition politicians who have called for a halt to British arms sales, the three justices joined other barristers, former judges and legal academics in urging Prime Minister Rishi Sunak to change policy. “The provision of military assistance and material to Israel may render the UK complicit in genocide as well as serious breaches of International Humanitarian Law,” the…

Iran has called on the international community, particularly Muslim countries, to fully support the oppressed Palestinian people on International Quds Day, urging them to confront the “cancerous tumor” of Israel in the region. In a statement released on the eve of International Quds Day, Iran’s Foreign Ministry “vehemently condemned the Zionist regime’s blatant violation of international law and regulations, human rights, and international humanitarian law” in the war-torn Gaza Strip since October 7. “The Government and the noble people of the Islamic Republic of Iran once again remind the international community and world governments, especially of Muslim countries, of their responsibility to provide…

According to a Ministry of Finance communiqué, Maait highlighted that the modifications to the Unified Public Finance Law establish legislative frameworks that effectively manage the deficit and debt-to-GDP ratios

The Ministry of Social Development has been actively providing urgent assistance to approximately 2,487 underprivileged families, while nearly 94,300 needy families are receiving subsidies from Royal deeds, Minister of Social Development Wafaa Bani Mustafa said on Tuesday.

AMMAN — The Amman Chamber of Industry (ACI) reported on Wednesday a “significant” 15.7 per cent increase in exports during the first quarter of 2024, marking a “remarkable growth” compared with the same period in the previous year.

Over the past week, Prime Minister Mohammed Mustafa has held numerous meetings with international delegations and conducted multiple communications at the international level, aiming to press for an end to the Israeli aggression on the Gaza Strip and to halt all Israeli restrictions on movement in the West Bank. Mustafa emphasized during his meetings and communications the necessity to pressure Israel to release the Palestinian tax funds—currently withheld by the former—and to stop all illegal deductions. Additionally, he urged financial support for the government to assist it in fulfilling its obligations, achieving economic stability, and meeting the humanitarian needs of…

Inflation in the East African nation was steady at 3% year on year in February, unchanged from a month earlier, staying below the government’s target of not more than 5%

Survey participants affirmed that Dubai offers an advanced work infrastructure for companies across different digital economy sectors

The West should give up the illusion about the possibility of inflicting a strategic defeat on Russia if it wants to regain Moscow’s trust, Russian Ambassador to the US Anatoly Antonov told reporters. “Everything that is happening now is the exclusive choice of the West, which has trampled on the basics of diplomacy, the principle of indivisibility of security and has been abusing the trust of the Russian Federation for many years,” the diplomat was quoted as saying by the Russian Embassy’s official Telegram channel. “In order to restore it, our former partners should abandon illusions about the possibility of…