News Türkiye raises key interest rate to 30% – central bank Nada Ali Sep 21, 2023 0 Türkiye’s central bank hiked on Thursday its key interest rate to 30 percent on Thursday, a 500-basis point jump…
Investment Egypt bans onion exports for 3 months – Cabinet Sama Mousa Sep 21, 2023 0 Egypt announced it will stop exporting onions for the final three months of 2023, said the Egyptian cabinet on…
Industry & Trade Egypt’s Awlad Ragab plans to sell assets for EGP 850mln Nada Ali Sep 6, 2023 0 Awlad Ragab, one of largest retailer chains in Egypt, is seeking to sell assets of about 850 million Egyptian…
Banks Turkish central bank raises interest to 25% Nada Ali Aug 24, 2023 0 Türkiye’s central bank hiked interest rates on Thursday by more than expected to 25 percent, in a new sign of a…
Africa News Jumia loses 1 million customers in Nigeria, Ghana, Egypt Nada Ali Aug 16, 2023 0 Jumia, Africa’s e-commerce giant firm has posted its financial results for the second quarter of 2023, showing a…
International News UK inflation drops sharply to 6.8% in July Nada Ali Aug 16, 2023 0 U.K. headline inflation fell back sharply in July to an annual 6.8 percent, but the core consumer price index…
MENA News Tunisia annual inflation falls to 9.1% in July Nada Ali Aug 6, 2023 0 Tunisia's annual inflation slowed at 9.1 percent in July, compared to last month's inflation rate that was below…
News Tanzania inflation drops to 3.6% – BOT Nada Ali Jul 26, 2023 0 The Bank of Tanzania (BoT) reported on Monday that the inflation has dropped to 3.6 percent in June from 4 percent…
News U.S. inflation slows 3% in June Nada Ali Jul 12, 2023 0 U.S. inflation slowed three percent to record its lowest annual rate in more than two years in June, resulting in…
Egypt News Egypt’s monthly inflation rate rises 2% in June Nada Ali Jul 10, 2023 0 Egypt’s monthly inflation rate increased by 2 percent in June as consumer prices soared by 35.7 percent, from 32.7…