inflation
CBE raises interest rates by 100 basis points
Economy
August 4, 2023
CBE raises interest rates by 100 basis points
The Monetary Policy Committee of the Central Bank of Egypt during its Thursday meeting raised overnight interest rates by 100…
Gas prices just saw their biggest one-day increase in a year
World
July 26, 2023
Gas prices just saw their biggest one-day increase in a year
New York CNN — The monthslong calm in gas prices is over. The national average price for a gallon of…
Mashat: Global inflation, economic repercussions upped development requirements
Egypt
July 12, 2023
Mashat: Global inflation, economic repercussions upped development requirements
International Cooperation Minister Rania al-Mashat asserted the development cooperation has played an active role in financing development and climate action…
Egypt’s government is not doing enough to curb inflation: Expert
Business
July 11, 2023
Egypt’s government is not doing enough to curb inflation: Expert
Economic expert Mostafa Badra said on Monday that the Egyptian government is not doing enough to confront high inflation at…
Inflation rate increases by 1.8% in April: CAPMAS
Egypt
May 11, 2023
Inflation rate increases by 1.8% in April: CAPMAS
The inflation rate in April increased by 1.8% recording 169.6 points more than March, the Central Agency for Public Mobilization…
China factory activity unexpectedly cools in April
World
May 2, 2023
China factory activity unexpectedly cools in April
Beijing Reuters — China’s manufacturing activity unexpectedly shrank in April, official data showed on Sunday, raising pressure on policymakers seeking…
CAPMAS: Monthly inflation rises by 3.2 percent in March
Egypt
April 10, 2023
CAPMAS: Monthly inflation rises by 3.2 percent in March
The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the inflation rate recorded 166.5 points in March, marking…
How CBE raising interest rates will affect prices in Egypt: An expert answers
Economy
March 31, 2023
How CBE raising interest rates will affect prices in Egypt: An expert answers
The Central Bank of Egypt’s decision to raise interest rates by 200 basis points on deposits and borrowing comes to…
Report: Will CBE raise interest rates at its next meeting?
Business
March 28, 2023
Report: Will CBE raise interest rates at its next meeting?
The Research Department of HC Securities and Investment expected the Central Bank of Egypt’s Monetary Policy Committee would raise the…
Was last fall’s UK Treasury crisis a warning bell for SVB?
World
March 14, 2023
Was last fall’s UK Treasury crisis a warning bell for SVB?
Investors might not have to look so far back to see their own future. Six months ago an alarm went off in…