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Money
Britain caps electricity and gas prices for businesses
Britain announced on Wednesday it would control the cost of electricity and gas for businesses from next month.
Aramco: Europe’s energy crisis plans are only a short-run solution
The head of Saudi state oil giant Aramco stated on Tuesday Europe’s plans to cap energy bills for consumers and tax…
BOE faces critical policy decision with pound reach its lowest level
The Bank of England’s (BOE) governor Andrew Bailey has reiterated his commitment to reining the inflation, but the…
Asian Development Bank cuts China’s economic growth forecast to 3.3% in 2022
The Asian Development Bank (ADB) cut its forecast for economic growth in China to 3.3 percent this year from 4…
Egyptian pound slips to weakest against U.S. dollar since Nov. 2016
Egyptian pound weakened on Wednesday to its lowest against the U.S. dollar since its devaluation in November 2016.
Gold prices in Egypt on September 21
Gold prices in Egypt inched up on Wednesday as the global prices of the yellow metal registered $1,671.90.
Oil prices drop with fears aggressive Fed rate hike will curb demand
Oil prices inched down on Wednesday.
Gold prices at its lowest level since 2½-year
Gold prices on Wednesday lingered near their lowest level since April 2020.
Egypt’s central bank eases foreign-currency restrictions to clear import backlog
Egypt’s central bank has eased foreign-currency restrictions, a move aimed to clear a backlog of imports that…
PepsiCo cuts Pepsi, 7UP production in Russia amid Ukraine war
PepsiCo Inc has halted production of Pepsi, 7Up and Mountain Dew in Russia about six months after the U.S. company…