Egypt disburses EGP32.6b via Takaful, Karama Programmes for 2023/24 – CAPMAS
Egypt’s Ministry of Social Solidarity disbursed a total of 32.6 billion Egyptian pounds through its Takaful and…
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households
S&P Global: UK consumer sentiment rises to 45.2 in May
UK’s Consumer Sentiment Index (CSI) increased to 45.2 in May from 44.5 in April, showing a second consecutive…
Eurozone business lending accelerates in March, ECB data shows
Lending to eurozone businesses picked up pace in March, rising 2.3 per cent year-on-year, up from 2.1 per cent in…
Japan’s household spending rises 0.8% in Jan. ’25
Japanese consumer spending in January rose 0.8 per cent compared to the previous year, as per recent data from the…
Egypt’s total energy supply hits 92,057 tons in 2022/23 – CAPMAS
Egypt's total energy supply reached 92,057 tons of oil equivalent in the 2022/2023 fiscal year
Sri Lanka cuts electricity tariffs by 20%
The Sri Lankan government has agreed to lower electricity tariffs by an average of 20 per cent.
UK GDP stagnates in Q3 2024
The UK economy showed no growth in Q3 2024, with GDP revised down from an earlier estimate of a 0.1 per cent…
UK consumer confidence rebounds in Oct. ’24
UK consumer confidence showed signs of recovery in October, with the S&P Global UK Consumer Sentiment Index…
Australia’s c. bank warns of debt risks on falling interest rates
The Reserve Bank of Australia (RBA) warned borrowers to avoid excessive debt as interest rates fall to prevent a…
EU greenhouse gas emissions down 4% in Q1 ’24
The European Union's (EU) greenhouse gas (GHG) emissions were estimated at 894 million tons of CO2-equivalents,…
Japan’s household spending drops 1.4% YoY in June – data
Japanese consumer spending in June declined by 1.4 per cent compared to the previous year.
Eurozone bank lending stagnated in February – ECB data
Bank lending to companies and households in the euro zone remained stagnant last month, according to data released…
Inflation, living costs impact UK’s budget deficit
UK’s budget deficit in February was larger than anticipated, according to official data, with cost of living…
Australia’s recession deepens despite growth
Australia’s economy experienced a slowdown in the last quarter of the previous year, with a deepening per capita…
Egypt’s fuel subsidies increase 34% in H1 of FY2017/18: minister
Egypt’s fuel subsidies jumped by 34 percent to 51 billion Egyptian pounds ($2.9 billion) from during the fist half…
Egypt’s government unveils new hikes in electricity prices by 42%
Egypt announced new hikes in electricity prices by up to 42 percent for households as part of a government reform…
Unicef: Fifth of developing world children in extreme poverty
Nearly a fifth of children in developing countries are living in extreme poverty, the World Bank and the UN's…
Egypt to connect 1.2mn households to gas this year: new oil minister
The oil sector is to adopt a new strategy to increase natural gas delivery rates to 1.2 million homes across Egypt…
Euro zone lending growth accelerates in July
Lending to euro zone households and firms accelerated slightly in July while a broader measure of money…
World’s swelling debt calls for radical surgery
So much for deleveraging. Despite near-universal promises to reduce borrowing, global debt has escalated since the…