inflation
Egypt’s headline inflation quickens to 4.5% in October
Business
November 10, 2020
Egypt’s headline inflation quickens to 4.5% in October
Egypt’s annual urban consumer price inflation rose to 4.5 percent in October from 3.7 percent in September, official statistics agency…
Sudanese return to streets over dire living conditions
Middle East
October 22, 2020
Sudanese return to streets over dire living conditions
CAIRO (AP) — Sudanese protesters took to the streets in the capital and across the country Wednesday over dire living…
Tribal clashes over governor’s sacking kill 6 in east Sudan
Middle East
October 15, 2020
Tribal clashes over governor’s sacking kill 6 in east Sudan
CAIRO (AP) — Tribal clashes erupted on Wednesday in eastern Sudan over the prime minister’s decision to sack a provincial…
Deep falls in Egypt’s inflation could prompt IMF consultation
Business
October 9, 2020
Deep falls in Egypt’s inflation could prompt IMF consultation
Egypt’s inflation has fallen to some of its lowest levels in well over a decade, potentially triggering consultations with the…
Egypt cuts interest rates by 50 bps as inflation subsides
Business
September 25, 2020
Egypt cuts interest rates by 50 bps as inflation subsides
Egypt’s central bank unexpectedly cut its main overnight interest rates by 50 basis points on Thursday, saying exceptionally low inflation…
Egypt’s headline inflation decreased to 3.4% in August
Business
September 11, 2020
Egypt’s headline inflation decreased to 3.4% in August
Egypt’s annual urban consumer price inflation decreased to 3.4 percent in August from 4.2 percent in July, the country’s statistics…
Turkish annual inflation falls to 11.76% in July
Middle East
August 4, 2020
Turkish annual inflation falls to 11.76% in July
ISTANBUL (Reuters) — Turkey’s consumer price inflation fell to a lower-than-expected 11.76 percent year-on-year in July, the Turkish Statistical Institute…
Lebanon’s currency on downward spiral amid financial turmoil
Middle East
April 24, 2020
Lebanon’s currency on downward spiral amid financial turmoil
BEIRUT (AP) — Lebanon’s currency continued its downward spiral against the dollar on Thursday, reaching a new low amid financial…
Central Bank of Egypt keeps overnight interest rates unchanged
Business
February 21, 2020
Central Bank of Egypt keeps overnight interest rates unchanged
The Monetary Policy Committee of the Central Bank of Egypt decided, at its meeting on Thursday, to keep important interest…
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Business
February 19, 2020
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Egypt’s Minister of Planning and Economic Development Hala al-Saeed said Egypt’s Gross Domestic Product (GDP) had achieved growth of 5.6 percent…