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URGENT
Who leads economic portfolios in Egypt’s new Cabinet?
Egyptian President Abdel Fattah al-Sisi swore in new ministers on Wednesday as Prime Minister Moustafa Madbouly…
US inflation stalls, boosting hopes of Fed rate cuts
US inflation remained flat in May, with a slight rise in service costs countered by the biggest drop in goods…
URGENT: US PPI declines by 0.2% in May
US Producer Price Index (PPI) for final demand decreased by 0.2 per cent in May 2024, adjusted seasonally.
URGENT: US May CPI-U flat
The US Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in May, following a 0.3 per cent…
UREGENT: US inflation up 0.3% in April
US Consumer Price Index for All Urban Consumers (CPI-U) rose to 0.3 per cent in April, following a 0.4 per cent…
URGENT: OPEC+ 24-25 oil demand forecast unchanged
OPEC+ maintains oil movement forecast for 2024/2025 from last month, as per the group's monthly report released on…
URGENT: US Fed leaves rates unchanged
The Federal Reserve decided to leave the interest rates unchanged at 5.25-5.50 per cent on Wednesday.
IMF: Egypt’s GDP to grow 3% in 2024, 4.4% in 2025
Egypt’s economy will grow by 3.0 per cent in 2024, slower than previously forecast, the International Monetary Fund…
Egypt’s central bank raises cash withdrawal limits at banks to EGP250k
Egypt’s central bank decided on Monday to increase the maximum amount of cash customers can withdraw in-branch from…
URGENT: No rush to cut policy rate – Fed board member
According to an official statement on the Fed's website, Christopher J. Waller, a member of the Federal Reserve…
