First Time

What is the significance of the developing countries’ summit in Egypt for the first time in 24 years?

Economic expert Wafaa Ali, in a statement to RT, discussed the importance of Egypt hosting the summit of the Organization of the Eight Developing Countries for Economic Cooperation. Wafaa Ali, an economic expert, stated in an interview with RT that the current situation indicates a strong resurgence of the D-8 Organization at the summit level. …

The post What is the significance of the developing countries’ summit in Egypt for the first time in 24 years? appeared first on Egypt Independent.

Egypt Independent December 21, 2024

US national debt surpassed US$35 trillion for the first time in history

The US has achieved another “milestone” after its national debt surpassed the $35 trillion mark, the US House of Representatives

Weekly Blitz August 4, 2024

Egypt’s Central Bank holds interest rate steady for the first time this year

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided on Thursday to keep the interest rate at its current levels for the first time this year, following two MPC meetings earlier in the year. The committee decided to maintain the overnight deposit and lending rates and the main repurchase rate at …

The post Egypt’s Central Bank holds interest rate steady for the first time this year appeared first on Egypt Independent.

Egypt Independent May 25, 2024

China’s Xi Jinping is visiting Europe for the first time in five years – his goodwill tour will be an uphill struggle

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. CNN — When Xi Jinping arrived in Italy for a state visit in 2019, he was given a lavish welcome, with private tours of Roman landmarks and a dinner serenaded …

The post China’s Xi Jinping is visiting Europe for the first time in five years – his goodwill tour will be an uphill struggle appeared first on Egypt Independent.

Egypt Independent May 6, 2024