Economics

Egypt’s foreign reserves jump to $40.36 billion in March

Banking & Finance

Egypt’s foreign reserves jump to $40.36 billion in March

The reserves surged by 14.4 percent

Eurozone inflation drops to four-month low of 2.4 percent in March 2024

Eurozone inflation drops to four-month low of 2.4 percent in March 2024

The market anticipates four ECB rate cuts, first in June

Türkiye’s inflation climbs to 68.5% as rate hikes fail to stem price rise

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

Manufacturing sector in China sees growth in March, ending 6-month contraction

Manufacturing sector in China sees growth in March, ending 6-month contraction

PMI data shows growth in export orders, slow employment decline

Oil prices surge on positive economic outlook, geopolitical concerns

Oil prices surge on positive economic outlook, geopolitical concerns

China and U.S. demand boost prices amid Middle East conflict

UAE, Kenya to forge digital corridor, partner on AI, data centers, and digitalization

UAE, Kenya to forge digital corridor, partner on AI, data centers, and digitalization

The data center projects will boast a total capacity of up to 1,000 megawatts

UAE dominates the entrepreneurship scene for third year in a row: Report

UAE dominates the entrepreneurship scene for third year in a row: Report

The UAE's historic score of 7.7 sets a new record, making it the highest in the history of the report

Saudi Arabia’s greenfield FDI inflows surge over two-fold to $28.78 billion

Saudi Arabia’s greenfield FDI inflows surge over two-fold to $28.78 billion

This figure surpassed the previous peak of $17.57 billion in 2018

UAE gold prices show modest increase at market opening, eyes on U.S. inflation data

UAE gold prices show modest increase at market opening, eyes on U.S. inflation data

Globally, spot gold remained stable at $2,195.34 per ounce

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

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

Non-oil revenues surge 24 percent in Kuwait, narrowing fiscal deficit by $2.075 billion

Non-oil revenues surge 24 percent in Kuwait, narrowing fiscal deficit by $2.075 billion

Oil revenues surge by 15 percent to $53.31 billion

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

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

TCMB raised key interest rate from 45 percent to 50 percent