Economics

Egyptian PM aims to bring down prices of essential goods by 15-20 percent

The government's price reduction plan is set to ease burden on citizens

Türkiye’s Central Bank shocks markets with unexpected key interest rate increase

TCMB raised key interest rate from 45 percent to 50 percent

Bank of England maintains interest rate at 5.25 percent, but cut looms near

The bank’s committee is worried as wage growth outpaces inflation at 6 percent

UAE’s overseas investments surpass $2.5 trillion mark in early 2024

One such landmark deal is the historic $35 billion investment agreement with Egypt for the development of Ras Al Hekma

UAE industrial exports surge to $50.9 billion in 2023, marking 61 percent growth

Sheikh Mohammed bin Rashid chaired UAE Cabinet meeting, reviewing accomplishments of industrial sector

Bitcoin: Is the cryptocurrency really back?

From abysmal lows to historic highs and rapid descends, Bitcoin is doing what it does best

Qatar’s Consumer Price Index drops by 0.34 percent in February 2024

CPI rose YoY by 2.70 percent compared to February 2023

Kuwait maintains strong credit ratings with AA- affirmation, stable outlook: Report

The rating reflects minimal default risk, strong ability to meet financial obligations