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Economics
Markets
Oil prices surge amid escalating Middle East tensions, economic data in focus
Brent oil futures expiring in June rose by 0.6 percent to reach $90.89 per barrel
Economy
Egypt’s inflation rate decelerates to 33.3 percent in March
Month-on-month, prices rose by 1.0 percent in March, down from 11.4 percent in February
Economy
Egypt to raise minimum wage for private-sector workers
The minimum wage increase reflects commitment to safeguarding workers' interests
Economy
Kristalina Georgieva positioned as only candidate for second term as managing director of IMF
Georgieva's current term is set to expire in September 2024
Hospitality & Tourism
Travel and tourism industry set to surpass $11.1 trillion in global economic contribution in 2024: Report
The sector will surpass its previous record by an additional $770 billion, the report says
Economy
Abu Dhabi’s private sector achieves 35 percent growth, surpassing $92 billion in 2023
Significant contribution of family-owned businesses to this growth
Markets
Oil prices surge above $90, reaching highest level since October
The rise in prices is fueled by geopolitical tension and supply concerns
Economy
Eurozone business activity shows signs of recovery, with services sector leading the way
The manufacturing sector struggles, faces deeper downturn
Banking & Finance
Egypt’s foreign reserves jump to $40.36 billion in March
The reserves surged by 14.4 percent
Economy
Eurozone inflation drops to four-month low of 2.4 percent in March 2024
The market anticipates four ECB rate cuts, first in June
Economy
Türkiye’s inflation climbs to 68.5% as rate hikes fail to stem price rise
Education again saw the highest cost inflation at 104 percent year-on-year
Industry
Manufacturing sector in China sees growth in March, ending 6-month contraction
PMI data shows growth in export orders, slow employment decline
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