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Business
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Economy
12/26/2024 11:38:00 AM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will hold its final meeting for 2024 on Thursday to review the key interest rates in light of the most recent local and global macroeconomic indices, mainly the inflation rates trend.
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Business
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Markets & Companies
12/11/2024 6:48:45 PM
US and European stock markets rose on Wednesday after inflation data cemented expectations that the Federal Reserve will trim interest rates next month.
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Business
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Markets & Companies
12/10/2024 9:10:38 PM
Global stock markets diverged Tuesday as traders eyed looming US inflation data and a key European interest rate call amid global political upheaval.
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Business
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Economy
12/10/2024 5:43:31 PM
The Central Bank of Egypt (CBE) announced Tuesday that the annual core inflation rate continued its downward trend for the third consecutive month, dropping to 23.7 percent in November from 24.4 percent in October.
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Business
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Economy
12/10/2024 2:50:52 PM
Egypt's annual headline inflation decreased in November for the first time in three months to 25 percent, down from 26.3 percent in October, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced Tuesday.
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Business
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Markets & Companies
11/27/2024 5:48:49 PM
US and European stock markets wavered on Wednesday as traders awaited key inflation data, and weighed Donald Trump's tariff threats and a political standoff in France.
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Business
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Economy
11/26/2024 10:59:06 PM
US Federal Reserve officials expect inflation to keep cooling, signaling a gradual approach to interest rate cuts if price increases ease further and the job market remains strong, minutes of their recent meeting showed Tuesday.
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Al-Ahram Weekly
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Economy
11/20/2024 5:44:00 PM
Experts say the Central Bank of Egypt is not likely to cut interest rates before 2025
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Business
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Economy
11/20/2024 3:20:37 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to hold its penultimate meeting for 2024 on Thursday to review the key interest rates amid speculations that the CBE will keep the current interest rates unchanged despite the high inflation rates.
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Al-Ahram Weekly
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Egypt
11/13/2024 11:20:00 PM
Experts explain their take on the October inflation figures and forecast what the future has in store to Al-Ahram Weekly.
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Business
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Economy
11/12/2024 8:31:00 PM
World Bank (WB) Chief Economist for the Middle East and North Africa (MENA) Region Roberta Gatti discussed the latest forecasts for global and regional economic prospects in an interview with Ahram Online, emphasizing that the Egyptian economy's recovery hinges on inflation control, debt management, and investment.
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Al-Ahram Weekly
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Opinion
11/12/2024 8:19:28 PM
Strategic pricing and cost control are crucial for Egyptian businesses to maintain competitiveness amid soaring inflation, writes Ali Metwally
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Business
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Economy
11/11/2024 12:45:11 PM
Egypt's annual core inflation rate has continued its downward trend for the second consecutive month, declining to 24.4 percent in October, compared to 25 percent in September, according to data released by the Central Bank of Egypt (CBE) on Sunday.
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Business
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Economy
11/10/2024 1:34:06 PM
While Egypt's annual headline inflation continued its upward trend for the third consecutive month, rising to 26.3 percent in October compared to 26 percent in September, the monthly headline inflation decreased to 1.5 percent, down from 2.3 percent in September, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Sunday.
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Business
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Economy
11/6/2024 11:04:07 AM
The dollar surged and bitcoin hit a record high Wednesday before Donald Trump claimed victory in the US election, with traders ramping up bets on fresh tax cuts, tariffs, and rising inflation.
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Al-Ahram Weekly
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Opinion
11/5/2024 6:41:06 PM
As the government meets up with officials from the International Monetary Fund this week to discuss the fourth review of the fund’s loan, easing the burdens on citizens should be topping its priorities.
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Egypt
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Politics
11/3/2024 3:08:58 PM
President Abdel-Fattah El-Sisi emphasized on Sunday that Egypt's priority is to ease pressures and burdens on citizens by combating inflation and rising prices while continuing efforts to attract investments and empower the private sector to increase employment and growth rates.
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Business
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Economy
11/2/2024 3:13:49 PM
The IMF's Regional Economic Outlook (REO) report, specifically focused on the Middle East and Central Asia, forecasts that Egypt’s inflation rate will decelerate to a notable 16 percent by the conclusion of the fiscal year 2024/2025, which ends in June 2025.
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Business
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Economy
10/30/2024 12:09:40 PM
The Ministry of Petroleum and Mineral Resources recently announced a significant increase in fuel prices, marking the third adjustment in 2024, which could feed the inflationary wave that Egypt has been experiencing amid the ongoing global and regional tensions.
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Business
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Economy
10/22/2024 8:58:05 PM
The global war against inflation has largely been won, and at surprisingly little cost to economic growth, the International Monetary Fund declared Tuesday.
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