inflation

Egypt’s headline inflation edged up to 5.7% in August: CAPMAS
Egypt

Egypt’s headline inflation edged up to 5.7% in August: CAPMAS

Egypt’s annual urban consumer price inflation accelerated slightly to 5.7 percent in August from 5.4 percent in July, reaching its…
Istanbul August retail prices up 1.88% m/m -chamber
Middle East

Istanbul August retail prices up 1.88% m/m -chamber

ISTANBUL, Sept 1 (Reuters) – Retail prices in Turkey’s largest city Istanbul rose 1.88 percent month-on-month in August for an…
Lebanon workers stage ​general strike over escalating crises
Middle East

Lebanon workers stage ​general strike over escalating crises

BEIRUT (AP) — Shops, government offices, businesses and banks shuttered their doors in Lebanon on Thursday, as part of a…
French FM in Lebanon with a message of ‘great firmness’
Middle East

French FM in Lebanon with a message of ‘great firmness’

BEIRUT (AP) — France’s foreign minister began a visit to Lebanon Thursday with a message of “great firmness” to its…
Syrian pound improves after central bank raises exchange rate
Middle East

Syrian pound improves after central bank raises exchange rate

AMMAN (Reuters) – Syria’s currency rose on Sunday in the first day of trading after the central bank raised the…
Will Lebanese banks crash Middle East finances?
Middle East

Will Lebanese banks crash Middle East finances?

Lebanon has been known as “the Switzerland of the Middle East” for decades because of its strict banking secrecy laws.…
Turkish lira plunges to near record lows on cenbank chief’s sacking
Middle East

Turkish lira plunges to near record lows on cenbank chief’s sacking

ISTANBUL (Reuters) – Turkey’s lira slid 15 percent to a near all-time low on Monday after President Tayyip Erdogan’s shock…
‘Republic of Queues’: 10 years on, Syria is a hungry nation
Middle East

‘Republic of Queues’: 10 years on, Syria is a hungry nation

BEIRUT (AP) — The lines stretch for miles outside gas stations in Syrian cities, with an average wait of five…
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
Economy

Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook

American credit rating agency Fitch Ratings affirmed on Wednesday Egypt’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’, with…
Burning tires: Lebanon’s protesters send dark, angry message
Middle East

Burning tires: Lebanon’s protesters send dark, angry message

BEIRUT (AP) — It’s an expression of anger but also of helplessness: Anti-government protesters in Lebanon are burning tires to…
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