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Business
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Economy
9/29/2023 12:38:30 PM
Inflation that has been plaguing Europeans made a marked decline in September, strengthening hopes that consumers will eventually get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won’t have to further restrict the economy by raising interest rates from already-record highs.
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Business
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Economy
9/25/2023 7:03:47 PM
The head of the European Central Bank said Monday that interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong” in the 20 countries that use the euro currency.
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Business
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Economy
9/21/2023 9:20:18 PM
The Central Bank of Egypt (CBE) decided to maintain interest rates at current levels during its meeting on Thursday.
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Al-Ahram Weekly
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Economy
9/21/2023 2:55:00 PM
The Central Bank of Egypt is expected to decide against any further increase in interest rates at its meeting this week.
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Business
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Markets & Companies
9/20/2023 3:58:51 PM
Wall Street ticked higher early Wednesday ahead of a decision on interest rates by the Federal Reserve.
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Business
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Economy
9/20/2023 9:48:08 AM
Asian shares declined Wednesday as markets awaited a decision on interest rates by the Federal Reserve.
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Business
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Economy
9/15/2023 3:04:41 PM
Russia's central bank raised its key interest rate for the third time in two months on Friday as it grapples with higher inflation and a weaker ruble.
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Business
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Economy
9/10/2023 12:58:00 PM
Egypt’s annual headline inflation hit a record high of 39.7 percent in August, up from 38.2 percent in July, according to figures released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday.
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Al-Ahram Weekly
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Economy
9/2/2023 9:43:00 AM
The hike that the Central Bank of Egypt (CBE) applied to Egypt’s key interest rates last week could be a sign of further hikes up until the end of 2023 since three further meetings of the CBE’s Monetary Policy Committee (MPC), responsible for deciding on interest rates, have yet to be held.
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Business
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Economy
8/28/2023 10:26:20 AM
Asian shares were mostly higher Monday, as investors were relieved by the head of the Federal Reserve indicating it will “proceed carefully” on interest rates.
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Business
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Markets & Companies
8/21/2023 12:50:43 PM
Most Asian markets fell Monday as China's decision to cut interest rates again failed to reassure investors, who are growing increasingly worried about the outlook for the world's number two economy.
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Al-Ahram Weekly
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Egypt
8/11/2023 1:34:00 PM
The recent rise in interest rates has had little effect on real estate financing and the middle-income housing initiative.
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Business
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Economy
8/10/2023 1:05:00 PM
Egypt’s headline annual inflation rate kept its upturn in July 2023 to hit a new record level, jumping to 38.2 percent, up from 14.6 percent recorded in the same month of 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Thursday.
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Egypt
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Society
8/9/2023 3:00:48 PM
Egypt has launched the first phase of a support programme that will provide loans at concessional interest rates to irregular labourers to establish 10,000 small and micro projects in six governorates.
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Business
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Economy
8/5/2023 8:15:31 PM
A US central bank official said Saturday that more interest rate hikes "will likely be needed" to bring inflation down further, shortly after policymakers lifted rates to the highest level since 2001.
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Business
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Economy
8/3/2023 9:40:51 PM
Against all expectations, the Monetary Policy Committe (MPC) of the Central Bank of Egypt ( CBE) decided on Thursday to raise the key interest rates by one percent (100 bps) in its first meeting in FY2023/2024 and the fifth in 2023.
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Business
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Markets & Companies
8/3/2023 7:48:11 PM
The Egyptian Exchange (EGX) saw varied performance over the week that ended on Thursday, 3 August, as traders anticipate the interest rate decision by the Central Bank of Egypt (CBE), Mahmoud Atta, financial market analyst, told Ahram Online.
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Business
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Economy
8/3/2023 11:11:59 AM
Turkey's annual inflation climbed in July to 47.83 percent, up sharply from 38.2 percent, official data showed on Thursday.
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Al-Ahram Weekly
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Egypt
8/2/2023 8:07:10 AM
The Central Bank of Egypt is likely to maintain interest rates at their current level at its meeting this week
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Business
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Economy
7/30/2023 8:44:28 PM
The European Central Bank could hike interest rates again or pause at its next meeting and any decision will depend on the latest data, president Christine Lagarde has said.
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