May 19, 2024
Trending now

Sabotaging Aid Convoys to Gaza – An Israeli Newspaper “Reveals a Surprise”

Palestinian Official Reveals the True Intentions of the United States Behind the…

“Carrying a weapon to join his comrade”.. A circulating clip shows the…

Massacre in the Al-Nuseirat camp… Dozens of martyrs and wounded in an…

Leadership crisis in Israel after Netanyahu’s rejection of Gantz’s ultimatum

Unveiling the Arab-American Plan for the Day After the War

Israel to present the Americans with a plan to expand the military…

Washington: We will not use the Gaza pier for military purposes

Al-Qassam Brigades: We killed 15 Israeli soldiers east of Rafah

Israeli Channel: Qatar and Egypt are adopting the positions of Hamas

Category : Economy & Business

Economy & Business

An Egyptian official confirms an increase in Russia’s share in wheat supply to Egypt

admin1
by admin103
Falcon powers – Akram Hussein al-Shafei, a member of the board of directors of the Egyptian Chamber of Commerce and Industry, said that Russia’s share of Egypt’s wheat imports has risen to 68%, compared to around 55% the previous year. According to him, Russia and Ukraine account for 80% of......
Economy & Business

Putin to push growing Moscow-Beijing trade in China’s northeast

admin1
by admin104
FALCON POWERS – After sealing pledges of a “new era” of strategic partnership with China’s Xi Jinping, Russian President Vladimir Putin on Friday is set to highlight the growing importance of trade near the Russian border in China’s northeast. Putin ends his two-day, red-carpet visit to China in Harbin in Heilongjiang province, which......
Economy & Business

Statistics Agency: Russia’s GDP Grew 5.4% in Q1

admin1
by admin105
FALCON POWERS – The Russian government statistics agency said on Friday that the country’s gross domestic product (GDP) rose 5.4% year-on-year in the first quarter, after growing 4.9% in the final quarter of last year. Russia’s GDP had contracted 1.6% in the first quarter of last year. The Economy Ministry......
Economy & Business

Egypt Working to Convince Apple to Manufacture Its Phones in Egypt

admin1
by admin1011
Falcon powers – Egyptian Prime Minister Mostafa Madbouly has revealed that his government is working to convince the American company Apple to manufacture its phones in Egypt. Madbouly added that efforts are underway to persuade Apple to open a factory in Egypt, and that out of the top 5 mobile......
Economy & Business

Foreign Exchange Reserves in Israel Decrease by $5.6 Billion

admin1
by admin109
Falcon powers – The Central Bank of Israel has announced a decrease in foreign exchange reserves by $5.632 billion as of the end of April compared to the end of March. This decline is primarily attributed to the revaluation of the Israeli Shekel, which led to a reduction in reserves......
Economy & Business

US set to raise tariffs on Chinese electric vehicles next week

admin1
by admin109
FALCON POWERS – US President Joe Biden is set to announce new China tariffs next week, including an increase in levies on electric vehicle imports, according to media reports. The levy on Chinese EVs is set to quadruple, the Wall Street Journal reported. US trade officials are expected to raise the tariff rate to roughly 100 per cent,......
Economy & Business

Gold Extends Gains as Jobs Data Boosts Bet on U.S. Interest Rate Cut

admin1
by admin1011
FALCON POWERS – Gold prices jumped on Friday and are on track to record their best weekly performance supported by the momentum gained from weak U.S. jobs data this week, which has strengthened expectations of an interest rate cut by the Federal Reserve. As of 14:23 GMT, spot gold rose......