Stocks in Asia gain as US jobs data beat
Most Asian indexes were in positive territory in Monday trade after U.S. jobs data beat expectations and as…
Browsing Tag
Inflation
Cairo stocks flat after rate hike, oil dents Saudi bourse
Egypt’s stock market showed little reaction Sunday to an unexpected interest rate hike taken by the country’s…
Egypt sees interest rate hike as temporary to control inflation: Deputy FinMin
Egypt's deputy finance minister for treasury said Saturday he expected higher interest rates to be temporary…
Dollar firms after strong US jobs report, backs Fed hike view
The dollar gained on Friday after a report showed the U.S. economy created far more jobs than expected in June…
Fitch affirms Egypt rating at ‘B’ with stable outlook
Fitch Ratings has affirmed Thursday Egypt’s long-term foreign- and local-currency issuer default ratings (IDRs) at…
Egypt raises monthly food subsidies to 50 pounds per person: Sisi
Egypt is more than doubling monthly food subsidies to 50 Egyptian pounds per person from 21 pounds now, President…
Dollar firmer vs yen after Fed’s Dudley strikes hawkish tone
The dollar reached a more than three-week high versus the yen on Tuesday, after an influential Federal Reserve…
CBE: Egypt’s core inflation eases slightly by 30.57% in May
Egypt's core inflation declined to 30.57 percent year-on-year in May from 32.06 percent in April and 32.25 percent…
Egypt’s urban consumer price inflation falls by 29.7% in May
Egypt's annual urban consumer price inflation fell in May to 29.7 percent from 31.5 percent in April, the official…
Deutsche Bank: Egypt’s near-term outlook is positive
The near-term outlook for Egypt is positive, bolstered by a growing foreign reserves, capital inflows, and…
