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Economy Middle East Summit
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inflation
Economy
Egypt’s 50 percent minimum wage hike to take effect in March
President implements urgent social protection package amidst currency concerns, IMF talks
Markets
Gold prices hold steady with market focus on this week’s Fed statements
Fed paving way for lower interest rates
Economy
OECD raises global growth outlook to 2.9 percent in 2024
Shipping and energy supply disruption are currently the most threatening factors to the global economy
Economy
Saudi Arabia’s non-oil sector grows, PMI records 55.4 in January
Economic expansion continues amid inflationary pressures and supply chain risks
Economy
Egypt dollar bonds jump as IMF studies potential $10 billion assistance package
Positive developments in economic reform talks propel Egypt's sovereign bonds
Economy
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
Economy
BoE maintains interest rate unchanged at 5.25 percent for fourth consecutive time
Inflation target remains key focus
Markets
Gold prices recover from dip as Powell counters rate cut expectations
Central banks' record gold buying drives demand to new heights
Economy
Federal Reserve holds interest rates steady, Gulf banks follow suit
Powell: Long way to go on inflation
Economy
Saudi Arabia’s non-oil sector grew 4.6 percent in 2023
Report highlights economic diversification efforts and the impact of OPEC+ decisions on GDP
Markets
Gold prices dip amid dollar rally
US dollar's rebound and monetary policy anticipation impact precious metal valuations
Economy
Central Bank of Egypt to convene amidst ongoing pound decline
Can an agreement with IMF be expected?
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