Economics

CBE raises interest rates by 200 basis points: Is a currency devaluation on the horizon?

Gap widened between Egyptian pound's official and parallel markets rates

Alat: Saudi Arabia’s Crown Prince launches new company with projected $9.3 billion GDP impact by 2030

New company to help turn Kingdom into electronics, advanced industries hub

Gold prices recover from dip as Powell counters rate cut expectations

Central banks' record gold buying drives demand to new heights

IMF lifts 2024 global growth outlook

Fund raised concerns about risks posed by Red Sea attacks and ongoing conflict