Yasser Jalal donates £3 million to Long Live Egypt Fund

announced the artist Yasser JalalOn his £3million donation to the Long Live Egypt Fund today, and Yasser Jalal told The Seventh Day: “This time I am announcing the size and amount I have donated, because I hope we will all participate, and we do what we can, and my fellow stars pretend we are. They … Read more

After a severe recession… Mikati announces modest economic growth in Lebanon

Lebanon has recorded limited growth of 2 percent this year after a sharp contraction due to the economic collapse that has lasted for more than three years, interim prime minister Najib Mikati announced on Thursday. Despite this limited improvement, due to several reasons, the most important of which is the increase in transfers expatriates Tourism … Read more

Bank of England raises interest rates by 50 basis points to 3.5%, as expected | Economy

The Bank of England decided at its meeting today, Thursday, to raise interest rates by 50 basis points to 3.5%, as planned, to counter inflation rates rising to record highs. The Bank of England is trying to fight inflation well above its 2% target and has hiked interest rates sharply over the past 12 months. … Read more

European equity indices are falling on the impact of central bank decisions

Stock indexes fell, for the second consecutive day, following the decisions of the central banks, all of which were extremely cautious despite the slowdown in inflation. Stock indexes plunge on the impact of central bank decisions The world stock exchanges, especially the European ones, today, Thursday, reacted negatively to the decisions of the European central … Read more

UK: Alarm over massive pub closures due to removal of electricity subsidies | The financial aid provided by the government will end in April

Many pubs and breweries across the UK will be forced to close their doors for good if they no longer get government subsidies to pay their electricity bills, members of that industry warned this Monday. The closure will be massive if the aid to pay for energy does not continue beyond 31 March 2023according to … Read more

93 percent of industrial companies fear an energy emergency

It is striking that almost 80 percent of the engineering industry evaluate the situation as good or satisfactory, even though around 10 percent plan to outsource production abroad. “They do it because they can,” Bayer said. An entrepreneur must not only evaluate the here and now, but also the future. For those with locations overseas, … Read more

Pope Francis invites Lebanese politicians to put aside their personal interests

Pope Francis invited Lebanese politicians on Sunday to “put aside … their personal interests” and reach an agreement to fill the power vacuum in a country that is going through an unprecedented political and financial crisis and where there is currently no is a president. “I use (this moment) to appeal to Lebanese politicians: you … Read more

This country is bankrupt, its citizens buy using cryptocurrencies

Jakarta, CNBC Indonesia – Once known for its stable and investment-friendly banking system, Lebanon has gone bankrupt due to hyperinflation. This forced banks to make huge cuts in dollar withdrawals. To make ends meet in a shattered financial system, some Lebanese have started mining bitcoins or storing wealth using cryptocurrency or cryptocurrency. ANNOUNCEMENT Scroll to … Read more

Raid on the bank … Lebanese daily bread and a continuous interaction with the country’s economic crisis

sequentially The assault on Lebanese banks And the holding of hostages within it occupies a large space in the country’s economic landscape, which imposes restrictions on the withdrawal of depositors of their savings and the recovery plan announced by the government earlier. In the latest developments, local media reported that Lebanese citizens stormed a commercial … Read more