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Business
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Economy
8/16/2023 5:37:09 PM
Britain's annual inflation rate dropped sharply in July to a 15-month low, official data revealed Wednesday, off the back of lower energy prices and in line with economists' expectations.
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Business
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Economy
8/14/2023 2:51:15 PM
The 15 percent of Egyptians who rent have seen their housing costs increase over the past year due to surging demand and a backdrop of unrelenting inflation.
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Business
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Economy
8/10/2023 10:14:56 PM
Stocks are wavering Thursday as Wall Street reviews the latest update on inflation across the US
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Business
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Economy
8/10/2023 5:35:29 PM
Egypt's annual core inflation rate recorded 40.7 percent in July 2023, a slight decrease from 41 percent in June, according to data released by the Central Bank of Egypt (CBE) on Thursday.
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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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World
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International
8/9/2023 3:44:08 PM
Women in the UK are prevented from working in the growing tech and the green sectors because of barriers including low-income backgrounds and not enough flexibility, a survey showed Wednesday.
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Egypt
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Politics
8/6/2023 4:09:23 PM
Egypt's President Abdel-Fattah El-Sisi directed the government on Sunday to exert maximum effort to mitigate the effects of the ongoing economic crisis on citizens and absorb inflationary pressures while continuing to implement structural reforms.
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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 7:07:05 PM
Banks from four Arab countries are interested in investing in Lebanon’s struggling banking sector, which was hard-hit by the small nation’s three-year economic meltdown, a top Arab banker said Thursday.
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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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Business
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Economy
7/31/2023 11:39:46 AM
Shares were mostly higher in Asia on Monday after Wall Street got back to climbing following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy.
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Business
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Economy
7/29/2023 10:39:53 PM
The German economy is still failing to grow, figures showed Friday, as the country that should be the industrial powerhouse for all of Europe struggles with high energy prices, rising borrowing costs and a lagging rebound from key trading partner China.
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Business
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Economy
7/26/2023 9:17:41 PM
The US Federal Reserve raised its benchmark lending rate on Wednesday to its highest level since 2001 to tackle above-target inflation, and signaled the possibility of further increases ahead.
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Business
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Economy
7/26/2023 1:34:22 PM
The US Federal Reserve is poised to announce a fresh quarter percentage-point hike to its benchmark lending rate on Wednesday to tackle inflation, while keeping the option open for more such moves in the coming months.
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Al-Ahram Weekly
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Egypt
7/25/2023 8:10:45 PM
The Russian pull-out from the Black Sea grain deal could be worrying for Egypt, reports Niveen Wahish
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Business
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Economy
7/25/2023 6:56:27 PM
The International Monetary Fund (IMF) has raised its projections for Egypt’s inflation in 2023 and 2024 to 24.4 percent and 32 percent, respectively, up from 21.6 percent in 2023 and 18 percent in 2024 as projected in April, according to Deputy Director of the Research Department Petya Koeva Brooks.
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World
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Africa
7/24/2023 9:23:05 PM
Nigerians doing their grocery shopping in July 2023 are paying 25% more for staple items than they did a year ago.
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Business
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Economy
7/23/2023 10:58:17 AM
After pausing in June, the US Federal Reserve is widely expected to hike interest rates again on Wednesday, adopting its most restrictive monetary stance for 22 years despite recent signs of slowing inflation.
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Business
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Economy
7/21/2023 5:57:17 PM
The Russian Central Bank on Friday hiked its key interest rate for the first time in more than a year amid fears that a weakening ruble will drive up inflation in the country.
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World
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Africa
7/19/2023 8:41:14 PM
Police in Kenya opened fire on protesters in clashes that left at least 12 people wounded Wednesday as the opposition organized demonstrations calling for the government of President William Ruto to lower the cost of living.
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