inflation

Egypt Central Bank cuts interest rates for first time in 4 years

The overnight deposit, lending, and main operation rates were cut by 2.25 percent each

Dubai gold prices surpass AED400 as global rates hit new record high

The dollar index hovered near a three-year low hit last week, making gold more attractive for other currency holders

Egypt’s economic outlook sees GDP reaching $399.8 billion in upcoming fiscal year

Al Mashat projected real growth at 4.5 percent, subject to review if tensions escalated

Oil prices edge lower to $64.49 as IEA warns of slowing demand growth

U.S. West Texas Intermediate crude fell by 16 cents, also down 0.3 percent, to $61.17

Dubai gold prices up AED0.5, global rates firm amid U.S. tariff uncertainty

In Dubai, gold rates achieved remarkable gains, with 24-carat gold rising by AED0.5 to AED389

Stocks sink, dollar falls as tariff-induced recession fears shake investor confidence

Nvidia declined 5.91 percent, Apple fell 4.24 percent to $190.42, and Microsoft dipped 2.34 percent to $381.35

Oil prices dip to $63 per barrel as U.S.-China trade war raises demand concerns

Brent is set to fall 4 percent this week, while WTI is set to decline 3.8 percent

Dubai gold prices surge AED7.5 as global rates surpass $3,200

Earlier in the session, Bullion scaled an all-time high of $3,219.73, gaining over 5 percent this week

China consumer prices continue downward trend decline amid intensifying trade war

Country faces economic challenges as consumer prices fall for second month

Egypt annual urban consumer price inflation rises to 13.6 percent in March

Country aims for $60 billion in foreign direct investment, $145 billion in exports