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Category: Business 9423

Significant Increase in Premium Seed Quantities Collected for 2025-2026 Season Compared to Last Season
Business
  • 1 mins read

Significant Increase in Premium Seed Quantities Collected for 2025-2026 Season Compared to Last Season

Premium seed quantities collected for the 2025-2026 season increased significantly to about 702,000 quintals, with certified seed production rising by 97.3% compared to last season, according to the National Observatory of Agriculture report.

Why Did Trump Threaten to Impose an Additional 100% Tariff on China?
Business
  • 1 mins read

Why Did Trump Threaten to Impose an Additional 100% Tariff on China?

US President Donald Trump announced plans to impose an additional 100% tariff on Chinese imports in response to China's tightened rare earth export rules. This has escalated trade tensions and caused financial market declines.

Red Sea Ports: Export of 51,000 Tons of Phosphate from Safaga Port to Singapore - Youm7
Business
  • 1 mins read

Red Sea Ports: Export of 51,000 Tons of Phosphate from Safaga Port to Singapore - Youm7

The Red Sea Ports Authority reported handling 68,000 tons of goods, 781 trucks, and 197 cars across 11 ships, including the export of 51,000 tons of phosphate from Safaga Port to Singapore.

Riyadh and Washington Move Toward Historic Semiconductor Purchase Agreement
Business
  • 1 mins read

Riyadh and Washington Move Toward Historic Semiconductor Purchase Agreement

The United States and Saudi Arabia are close to finalizing a historic deal allowing the export of advanced semiconductor chips to Saudi Arabia to support a massive AI infrastructure as part of Vision 2030.

Waste and Rubble: Unimaginable Challenges Facing Hundreds of Thousands in Gaza
Business
  • 1 mins read

Waste and Rubble: Unimaginable Challenges Facing Hundreds of Thousands in Gaza

The mayor of Khan Younis confirmed that 85% of the governorate is destroyed, with 400,000 tons of rubble needing removal from city streets. Water and sewage networks have been severely damaged, and 80% of the Gaza Strip has been destroyed partially or almost completely.

Standard & Poor's Upgrades Egypt Credit Rating, Fitch Confirms
Business
  • 1 mins read

Standard & Poor's Upgrades Egypt Credit Rating, Fitch Confirms

Standard & Poor's upgraded Egypt's credit rating to 'B' from 'B-', with Fitch confirming the same rating based on economic reforms, strong growth, and partner financial support. Inflation has declined, and tourism revenues and remittances have increased significantly.

What Are the Tasks of the Banking Sector Support and Development Fund? - Al-Ahram Gate
Business
  • 1 mins read

What Are the Tasks of the Banking Sector Support and Development Fund? - Al-Ahram Gate

The Banking Sector Support and Development Fund was established under Law No. 194 of 2020, aiming to enhance digital infrastructure, financial technology, and support innovation in Egypt's banking sector.

Lebanese President Condemns Israeli Aggression on Southern Lebanon
Business
  • 1 mins read

Lebanese President Condemns Israeli Aggression on Southern Lebanon

Lebanese President Joseph Aoun condemned Israeli airstrikes targeting civilian facilities in southern Lebanon, resulting in one death and seven injuries. The Israeli army stated it targeted Hezbollah infrastructure.

Standard & Poor's Upgrades Egypt's Rating; Fitch Confirms It
Business
  • 1 mins read

Standard & Poor's Upgrades Egypt's Rating; Fitch Confirms It

Standard & Poor's upgraded Egypt's credit rating to "B" while Fitch confirmed its rating, citing economic reforms and strong partner support. Egypt's tourism and remittances showed strong recovery, with expectations for sustainable economic growth in the coming years.

Trump Announces 100% Additional Tariffs on China
Business
  • 1 mins read

Trump Announces 100% Additional Tariffs on China

President Donald Trump announced additional 100% tariffs on China and export controls on critical software starting November 2025, escalating US-China trade tensions.

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