inflation

Egypt’s central bank makes third straight cut to interest rates
Economy

Egypt’s central bank makes third straight cut to interest rates

Egypt’s central bank cut its key interest rates on Thursday for the third consecutive time, after inflation fell to its…
Egypt’s annual rate of inflation increases to 2.7 percent: CBE
Economy

Egypt’s annual rate of inflation increases to 2.7 percent: CBE

Egypt’s annual rate of inflation increased to 2.7 percent in October up from 2.6 percent in September, The Central Bank of…
Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS
Economy

Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Saturday that the annual rate of Egypt’s inflation declined…
Unemployment fuels unrest in Arab states: IMF
Middle East

Unemployment fuels unrest in Arab states: IMF

Unemployment and sluggish economic growth are fueling social tension and popular protests in several Arab countries, the International Monetary Fund…
Syrian pound falls to record low as economy hit by sanctions: dealers
Economy

Syrian pound falls to record low as economy hit by sanctions: dealers

BEIRUT (Reuters) – The Syrian pound fell to a record low on the black market, driven down by lack of…
Egypt’s Ministry of Finance frees customs dollar exchange rate
Economy

Egypt’s Ministry of Finance frees customs dollar exchange rate

Egypt’s Ministry of Finance has freed the customs exchange price of the dollar on all kinds of imports subject to…
Iran moves to strike 4 zeroes from its battered currency
Middle East

Iran moves to strike 4 zeroes from its battered currency

TEHRAN, Iran (AP) — Iran’s president sent a bill to parliament Wednesday that would cut four zeroes from the value…
Opinion: Imran Khan — One year of stumbling ineptitude
World

Opinion: Imran Khan — One year of stumbling ineptitude

When Imran Khan was elected as Pakistan’s prime minister on August 17, 2018, some Pakistanis saw him as the the best…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt

Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll

CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…
Bankers expect stable interest rates through December
Middle East

Bankers expect stable interest rates through December

Egyptian economists and investment banks predicted that interest rates would remain fixed at 15.75 percent for deposit and 16.75 percent…
Back to top button