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" Hike"

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Business - Economy
7/1/2022 3:41:23 PM
Flights from Charles de Gaulle Airport in Paris and other French airports faced disruptions Friday as airport workers held a strike to demand salary hikes to keep up with inflation and an urgent hiring push to deal with resurgent travel demand.

Business - Economy
6/28/2022 6:08:49 PM
Hungary's central bank announced its biggest interest rate hike since 2008 on Tuesday, steeper than expected as the country battles soaring inflation.

World - Africa
6/27/2022 6:36:52 PM
Zimbabwe's central bank on Monday more than doubled its key interest rate to a whopping 200 percent, the highest in the world as the southern African country battles hyperinflation.

Business - Markets & Companies
6/23/2022 11:48:40 AM
Asian markets mostly rose Thursday on bargain buying after the previous day's battering, though oil extended losses after US Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation.

Al-Ahram Weekly - Economy
6/22/2022 11:34:00 AM
Doaa A. Moneim reports on what the Central Bank of Egypt’s Monetary Policy Committee will likely decide on interest rates this week

World - International
6/16/2022 1:25:00 PM
The Bank of England has raised interest rates by a quarter-percentage-point, shrugging off pressure for a bolder move to combat price increases that have pushed inflation to a 40-year high.

World - Region
6/16/2022 10:57:06 AM
Tunisia's main labour union holds a vast public sector strike Thursday to demand salary hikes and concessions on looming reforms, upping pressure on a president already facing a string of crises.

Business - Economy
6/15/2022 8:26:48 PM
The Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing rate by 0.75 percentage points on Wednesday as it battles against surging inflation.

World - Region
6/15/2022 2:48:57 PM
Israel marked a major escalation in its years-long campaign of airstrikes in Syria, carrying out an attack last week that shut down the country's main civilian airport in Damascus as Israel steps up efforts to stop Iranian weapons shipments to Hezbollah.

War in Ukraine - Economy
6/9/2022 1:27:17 PM
The European Central Bank is expected Thursday to end a key economic stimulus program and map out its plan to raise interest rates for the first time in more than a decade as it seeks to join the U.S. Federal Reserve and other central banks in tackling high inflation. But it's a delicate balance to not further slow economic growth.

World - Region
6/7/2022 9:58:04 AM
​Stock markets struggled Tuesday on long-running worries over surging inflation and rising interest rates, which overshadowed hopes that China would ease off its regulatory drive against the country's beleaguered tech giants.

Al-Ahram Weekly - Economy
5/30/2022 1:17:00 PM
Egypt’s central bank has opted to increase interest rates for the second time this year.

World - Africa
5/30/2022 10:15:00 AM
It now costs Ayan Hassan Abdirahman twice as much as it did just a few months ago to buy the wheat flour she uses to make breakfast each day for her 11 children in Somalia's capital.

Egypt - Society
5/16/2022 5:31:41 PM
Uber Egypt has raised the prices of its UberX and UberX Saver in Cairo and Alexandria, according to an email sent to their clients on Monday.

World - Region
5/14/2022 8:33:16 PM
An Iranian lawmaker says one person was killed in his city during recent unrest over price increases in the southwestern Khuzestan province, semi-official ILNA news agency reported Saturday.

Business - Economy
5/9/2022 6:17:11 PM
Gold prices in the Egyptian market saw a fluctuation on Monday amid the uncertainty cast by an expected rise in the US dollar price and inflation caused by the Russian war in Ukraine, as well as rising food and energy prices.

Business - Economy
5/5/2022 10:33:13 AM
Markets rallied Thursday after the US Federal Reserve played down chances of a huge interest rate hike in the near future, while oil extended gains as the European Union moved to ban imports from Russia.

Business - Economy
5/4/2022 8:19:49 PM
The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by a half-percentage point Wednesday - its most aggressive move since 2000 - and signaling further large rate hikes to come.

World - Region
4/21/2022 2:24:01 PM
Turkey's main opposition leader said Thursday that his power supply had been cut at home after he stopped paying electricity bills in protest at sharp utility bill hikes.

Business - Energy
4/15/2022 1:09:59 PM
Egypt’s Fuel Automatic Pricing Committee (FAPC) raised on Friday fuel prices for various octanes by EGP 0.25 per litre - while keeping the price of diesel and mazut for strategic industries fixed - for the second quarter of the year that ends in June amid a global rise in oil prices.

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