inflation

Egypt expected to raise interest rates as well soon: expert
Business

Egypt expected to raise interest rates as well soon: expert

The US Federal Reserve’s decision to raise interest rates was expected, Mohamed Kamal, an expert in the financial sector, said,…
Amazon is adding a 5 percent fuel and inflation surcharge
World

Amazon is adding a 5 percent fuel and inflation surcharge

New York (CNN Business) – Amazon said Wednesday that for the first time in company history it will charge sellers…
UK inflation hits 30-year high of 7 percent
World

UK inflation hits 30-year high of 7 percent

London – British consumer price inflation leaped to its highest level in three decades last month, intensifying the pressure on…
Erdogan says Turkey will break shackles of interest rates
Middle East

Erdogan says Turkey will break shackles of interest rates

ANKARA, Feb 17 (Reuters) – President Tayyip Erdogan said on Thursday Turkey will break the shackles of interest rates and…
CBE keeps key interest rates unchanged
Business

CBE keeps key interest rates unchanged

The Monetary Policy Committee of the Central Bank of Egypt (CBE) announced at its meeting on Thursday, February 3, 2022…
Turkey tourism revenue doubled, trade deficit narrowed last year
Middle East

Turkey tourism revenue doubled, trade deficit narrowed last year

ISTANBUL, Jan 31 (Reuters) – Turkey’s tourism revenues doubled to almost $25 billion last year and the country’s trade deficit…
Turkey passes law exempting converted lira deposits from corporate tax
Middle East

Turkey passes law exempting converted lira deposits from corporate tax

ISTANBUL, Jan 21 (Reuters) – Turkey’s parliament approved a law late on Thursday under which lira deposits converted from foreign…
US consumer prices soared 7% in past year, most since 1982
World

US consumer prices soared 7% in past year, most since 1982

WASHINGTON (AP) — Prices paid by US consumers jumped seven percent in December from a year earlier, the highest inflation…
Egypt’s headline inflation increases slightly to 5.9% in Dec
Middle East

Egypt’s headline inflation increases slightly to 5.9% in Dec

CAIRO, Jan 10 (Reuters) – Egypt’s annual urban consumer price inflation slightly accelerated to 5.9% year on year in December…
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