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" prices"

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Business - Markets & Companies
8/14/2022 4:49:00 PM
Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.

World - International
8/13/2022 1:06:41 PM
Thousands of U.K. train drivers walked off the job Saturday in a strike over jobs, pay and conditions, scuppering services across much of the country. The action was the latest in a spreading series of strikes by British workers seeking substantial raises to offset soaring prices for food and fuel.

World - International
8/11/2022 12:56:18 PM
Global oil demand will rise more than previously forecast this year as heatwaves and soaring gas prices are prompting countries to switch fuels for power generation, the International Energy Agency said Thursday.

Business - Economy
8/11/2022 11:44:32 AM
Egypt’s annual headline inflation rose to 15.6 percent in July, up from 14.6 in June, the Central Bank of Egypt (CBE) reported on Wednesday.

Egypt - Society
8/10/2022 7:37:24 PM
Egypt seeks an average of 15 percent savings in natural gas pumped yearly into power stations nationwide to be redirected for export with the aim of bringing in more foreign currency amid the spike in the oil and basic goods prices, the country's Prime Minister Mostafa Madbouly said.

Business - Economy
8/10/2022 3:00:00 PM
Egypt’s headline annual inflation accelerated to 14.6 percent in July – more than double the corresponding month in 2021 – up from 13.2 percent in June, while urban annual inflation also rose to 13.6 percent, the Central Agency for Public Mobilisation and Statistic (CAPMAS) announced on Wednesday.

War in Ukraine - Economy
8/4/2022 1:17:14 PM
Mining and commodities trading group Glencore posted on Thursday a ninefold increase in profit in a first half of the year, fuelled by soaring prices of oil, gas and coal.

Business - Energy
8/3/2022 3:59:09 PM
The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months at a time of high oil prices and unstable energy supplies exacerbated by the war Russia has waged on Ukraine.

World - Region
7/31/2022 2:39:41 PM
Saudi Arabia's year-on-year economic growth hit nearly 12 percent for the second quarter, led by a surging oil sector, the government's statistics agency said Sunday.

Al-Ahram Weekly - World
7/29/2022 6:48:00 PM
Soaring prices are pushing many countries to the precipice.

Egypt - Society
7/28/2022 11:30:00 PM
The price of eggs in Egypt has risen by an unprecedented amount in recent weeks, with some experts blaming the increase on feed costs, leading the government to take active steps to stabilise the market.

War in Ukraine - Economy
7/26/2022 10:07:08 PM
Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine, Russia's economy appears to be weathering the storm better than expected as it benefits from high energy prices, the IMF said Tuesday.

Al-Ahram Weekly - Economy
7/22/2022 2:36:00 PM
The recent increase in fuel prices could translate into higher inflation in the coming months.

Egypt - Urban & Transport
7/21/2022 9:47:05 PM
Uber Egypt has raised the prices of its services in Cairo and Alexandria, according to an email sent to their clients on Thursday.

World - International
7/20/2022 2:09:34 PM
Inflation in the United Kingdom has accelerated to a new 40-year high, driven by rising food and fuel prices that are contributing to a cost-of-living crisis.

Business - Economy
7/19/2022 7:06:53 PM
The General Authority for Supply Commodities (GASC) on Tuesday canceled a tender for purchasing imported wheat as the offered prices were higher than the estimated ones.

Business - Economy
7/19/2022 4:48:14 PM
McDonalds Egypt announced earlier this week a major increase in the prices of its products by up to 40 percent, prompting other fast-food chains to follow in its footsteps.

Business - Economy
7/18/2022 3:58:29 PM
Crude oil prices have been declining over the past two weeks, dropping to below $100 per barrel, as fears about the recovery of demand mount, stated the Oil Market Monthly Report, published by Kamco Invest, a UAE-based investment strategy and research firm.

Business - Economy
7/17/2022 9:51:38 PM
The General Authority for Supply Commodities (GASC) will continue to bear the difference between the actual cost of production and the price to consumers of subsidised bread in diesel-fueled bakeries, Minister of Supply Ali Moselhi said Sunday.

World - Region
7/16/2022 1:46:37 PM
President Joe Biden, speaking at a summit of Arab leaders, said Saturday that the United States ``will not walk away'' from the Middle East as he tries to ensure stability in a volatile corner of the globe and boost the worldwide flow of oil to reverse rising gas prices.

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