inflation
Egypt’s central bank makes third straight cut to interest rates
Economy
November 15, 2019
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
November 11, 2019
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
November 9, 2019
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
October 28, 2019
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
September 5, 2019
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
September 2, 2019
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
August 22, 2019
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
August 16, 2019
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
July 25, 2019
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
July 9, 2019
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…