Business
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Economy
2/13/2022 3:00:41 PM
Fitch Solutions revised up Egypt’s real GDP growth forecast to 5.3 percent in both the current FY2021/22 and FY2022/23, up from the 5 percent it expected for Egypt in FY2021/22.
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Al-Ahram Weekly
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Economy
2/11/2022 7:51:00 PM
Experts are betting that the Egyptian economy can handle the aftermath of the pandemic, write Niveen Wahish and Sherine Abdel-Razek.
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Business
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Economy
2/10/2022 3:16:42 PM
Egypt’s annual headline inflation hiked approximately two-fold in January to eight percent, up from 4.8 percent in January 2021, the Central Agency for Public Mobilisation and Statistics (CAPMAS) reported on Thursday.
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Business
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Markets & Companies
2/9/2022 5:03:06 PM
Equity markets rose Wednesday following a positive performance on Wall Street as traders prepared for the release of highly anticipated US inflation data, while sentiment was also buoyed by signs of easing Russia-Ukraine tensions.
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World
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Region
2/3/2022 3:14:02 PM
Turkey's annual inflation came in at nearly 49% on Thursday, hitting a nearly 20-year high and further eroding people's ability to buy even basic things like food.
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World
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International
2/2/2022 3:00:55 PM
Inflation in the eurozone soared to a new record high in January, official data showed Wednesday, adding pressure on the European Central Bank ahead of a monetary policy meeting this week.
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World
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Region
1/29/2022 3:58:28 PM
Turkey's president has fired the head of the Turkish Statistical Institute, which is responsible for posting official inflation statistics among other data.
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Al-Ahram Weekly
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Opinion
1/27/2022 12:42:00 PM
Fighting inflation and protecting the poorer and lower-income segments of society are now among the foremost economic priorities of the developing nations.
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Al-Ahram Weekly
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Economy
1/27/2022 12:41:00 PM
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Business
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Economy
1/25/2022 4:08:40 PM
The International Monetary Fund (IMF) has lowered its projections for the global real GDP growth in 2022 to 4.4 percent, down from the 4.9 percent it had projected in October 2021, according to the updated report on the world economic outlook released on Tuesday.
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Business
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Economy
1/24/2022 8:22:35 PM
Executive Director at the International Monetary Fund Mahmoud Mohieldin discussed the effect of inflation on the international economy in a panel discussion on Sunday with Al-Siyassa Al-Dawliya magazine, published by Al-Ahram Foundation.
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World
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Region
1/20/2022 2:47:50 PM
Turkey's central bank kept a key interest rate unchanged on Thursday, halting a string of rate cuts that triggered a currency crisis and sent consumer prices skyrocketing.
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Al-Ahram Weekly
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Economy
1/18/2022 10:06:01 PM
Despite a drop in Egypt’s monthly inflation rate, annual inflation is likely to rise, reports Doaa A. Moneim
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Al-Ahram Weekly
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Opinion
1/11/2022 6:13:22 PM
Developing countries need to continue to combat inflation this year by pursuing an effective inflation-targeting framework while sustaining high inclusive growth and employment objectives, writes Mahmoud Mohieldin
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Business
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Economy
1/10/2022 5:16:11 PM
Egypt’s monthly headline inflation continued its downturn trend in December 2021, declining by 0.2 percent to reach 5.4 percent, down from 5.6 percent in November and 6.3 percent in October, the Central Agency for Public Mobilisation and Statistics (CAPMAS) stated on Monday.
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World
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International
1/7/2022 1:35:21 PM
Consumer prices in the 19 countries that use the euro currency hit a record high of 5% in December compared with a year earlier.
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Business
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Markets & Companies
1/4/2022 2:40:48 PM
Egypt’s purchasing manager index (PMI) has moved closer to the 50 neutral level and is above its long-run average of 48.2 since April 2011.
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World
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Region
1/3/2022 6:13:16 PM
Turkey's yearly inflation climbed by the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday.
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World
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International
1/3/2022 12:38:34 PM
President Joe Biden will meet virtually with independent farmers and ranchers to discuss initiatives to reduce food prices by increasing competition within the meat industry, part of a broader effort to show the administration is trying to combat inflation.
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World
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Region
12/30/2021 2:39:43 PM
Turkey's currency crisis turned increasingly political on Thursday after a top minister urged citizens to sue economists who comment on social media about the lira's slide.
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