Osoul Misr

4344 مقال
منضم منذ 2024

How the World Sleepwalked Into the Global Mpox Emergency

19 أغسطس 2024 07:21 م

A mutated form of mpox has been circulating in the Democratic Republic of Congo for months. Now the response to what has become a global health emergency faces a key obstacle: The country still doesn’t have a single vaccine.

No Respite for Turkey’s Economy as Rates Set to Stay at 50%

19 أغسطس 2024 07:14 م

Turkey’s central bank will probably leave its main interest-rate on hold for a fifth straight month, with the focus shifting to liquidity management and visible signs of a slowdown in economic growth.

Musk Vows to Close X’s Brazil Operations، Will Maintain Service

18 أغسطس 2024 07:46 م

Elon Musk’s X is closing its operations in Brazil while keeping the service available in the country, according to posts Saturday from the social-media platform.

Goldman Cuts US Recession Risk Following Retail Sales، Jobs Data

18 أغسطس 2024 07:30 م

Goldman Sachs Group Inc. economists lowered the probability of a US recession in the next year to 20% from 25%, citing this week’s retail sales and jobless claims data.

‘Exorbitant’ Housing Costs Weighing on Democrats Spur Harris’ $25،000 Tax Credit Act

17 أغسطس 2024 08:06 م

Kamala Harris’s promise to take action on housing costs addresses a burden depressing enthusiasm for the presidential campaign among core Democratic constituencies such as the young, racial minorities and lower-income voters

Indonesia celebrates Independence Day in future capital

17 أغسطس 2024 06:08 م

Indonesia held scaled-back Independence Day celebrations in Nusantara on Saturday as the government rushed to complete the future capital, which is slated to replace sinking and polluted Jakarta

New US Home Construction Falls to Slowest Pace Since May 2020

16 أغسطس 2024 08:07 م

New-home construction in the US fell in July to the lowest level since the aftermath of the pandemic as builders respond to weak demand that’s keeping inventory levels high.

Mpox’s Changing Face Poses Challenge to Containment Efforts

16 أغسطس 2024 05:31 م

Changes in the virus that causes mpox are just the latest challenge facing disease trackers trying to contain an outbreak of the virus that’s become a global health emergency.

EV Giant BYD Plans to Build Karachi Plant as Part of Entry into Pakistan

15 أغسطس 2024 08:24 م

Chinese electric carmaker BYD Co. plans to build a factory in Karachi with a local partner to capture a share of Pakistan’s growing EV market, according to a person familiar with the matter.

US Homebuilder Sentiment Drops as Companies Wait for Rate Cuts

15 أغسطس 2024 08:12 م

Confidence among US home builders slipped for the fourth straight month to its lowest point of the year in August as high loan rates and home prices weigh on companies and buyers alike.

Golden View achieved wide demand for "Golden Hub" project in New Cairo in the first offering

15 أغسطس 2024 06:32 م

Golden View Developments, announced allocating rise in demand for the first offering of its pioneering project Golden Hub in New Cairo, as the company is about to complete the sales of the first phase in record time, which reflects the provision of an integrated and distinctive project to clients.

CI Capital Holding Posts its 1H24 Results، with Strong Revenues and Profits Reaching c.EGP 5bn & c.EGP 1.3bn، Respectively

15 أغسطس 2024 06:25 م

CI Capital, Egypt’s leading diversified financial services group, announced today its financial results for 1H24, boasting a solid 61% y-o-y increase in revenues, to reach c.EGP 5bn, while simultaneously enhancing operational efficiency and return metrics.

WHO Calls Mpox Outbreak in Africa a Global Health Emergency

15 أغسطس 2024 06:09 م

The World Health Organization has declared a fast-spreading mpox outbreak in Africa a global health emergency as the agency seeks to contain the spread of the potentially deadly virus.

Annual inflation rate in the US slows to 2.9% in July، lowest since 2021

14 أغسطس 2024 06:35 م

Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table in September.

Mortgage refinancing in the US surges 35% in one week، as interest rates hit lowest level in over a year

14 أغسطس 2024 06:29 م

It appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did, they acted.

Egyptian Food Bank Expands Developmental Impact through Eid Wahda Initiative Supporting 2.9 million Beneficiaries

14 أغسطس 2024 05:48 م

The Egyptian Food Bank has announced its participation in Eid Wahda Initiative, the fourth comprehensive development Initiative under the umbrella of the National Alliance for Civil Development Work.

U.S. producer prices rose in July by less than forecasted

13 أغسطس 2024 06:36 م

U.S. producer prices rose in July by less than forecasted, reflecting an ongoing moderation in inflationary pressures.

Canada Pension looking to sell Spanish distressed debt portfolio

13 أغسطس 2024 06:04 م

Canada Pension Plan Investment Board has put a portfolio of distressed Spanish loans up for sale, as the fund works to reduce its exposure to the country built up during the financial crisis last decade.

Foreign investors pull record amount of money from China

12 أغسطس 2024 08:59 م

Foreign investors pulled a record amount of money from China last quarter, likely reflecting deep pessimism about the world’s second-largest economy.

OPEC Trims Oil Demand Forecast Ahead of Decision on Supply Boost

12 أغسطس 2024 08:26 م

OPEC trimmed forecasts for global oil demand this year and next as the cartel and its allies prepare to decide on next quarter’s planned supply increase.

Cheap foreign labour soars in Canada as young workers are left jobless

12 أغسطس 2024 08:06 م

It’s getting harder for young Canadians to find a job. A post-pandemic influx of cheap foreign workers in restaurants and retail stores may be making it tougher.

Madinet Masr Reports EGP 20.9 Sales for H1 2024

12 أغسطس 2024 06:00 م

Madinet Masr contracted sales increase nearly four-folds year-on-year to EGP 20.9 billion and net profit crosses the EGP 1 billion mark, driven by new project launches and a robust strategy.

Cityscape Egypt Conference Returns by Popular Demand، Unveiling Egypt's Real Estate Renaissance

12 أغسطس 2024 05:40 م

Cityscape, the leading regional real estate portfolio, is excited to announce the return of the highly anticipated Cityscape Egypt Conference, set to take place on September 16th at the Four Seasons in Downtown Cairo.

Oil Refiners in US Slow Down، Stoking Global Crude Glut Worries

11 أغسطس 2024 07:30 م

Some of the top US oil refiners are throttling back operations at their facilities this quarter, adding to concerns that a global glut of crude is forming.

White Supremacists Turn UK Riots Into Online Recruiting Pitch

11 أغسطس 2024 05:13 م

White supremacist groups have seized on riots in the UK as a recruiting opportunity, using the Telegram messaging site to promote conspiracy theories and incite violence in their bid to lure new members.

Nike Suspends Online Sales in Turkey After Customs Tax Increase

10 أغسطس 2024 09:30 م

Nike Inc. suspended online sales in Turkey via its website and mobile app, days after an increase in customs taxes levied by Turkey on online purchases from abroad.

Russia Asks Niger to Help as Geologists Taken Hostage، RIA Says

10 أغسطس 2024 06:03 م

Niger to help with information after two geologists were apparently taken hostage in the West African country, RIA Novosti reporte

Turkey’s Instagram Ban Hits Women Entrepreneurs as Orders Dry Up

09 أغسطس 2024 07:01 م

Turkey’s decision to block access to Instagram has hit female entrepreneurs who rely on the popular social media application to sell everything from cookies to bed sheets.

Job Growth Stalls in Canada; Unemployment Rate Holds at 6.4%

09 أغسطس 2024 05:32 م

Canada unexpectedly shed jobs for a second straight month and the unemployment rate held at the highest level in more than two years, keeping the Bank of Canada on track to further cut interest rates.

Turkish central bank keeps year-end inflation forecast unchanged

08 أغسطس 2024 04:27 م

Turkey’s central bank will keep its year-end inflation forecast unchanged, maintaining a tight monetary policy to achieve a sustained reduction in inflation, Governor Fatih Karahan announced on Thursday,