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Economy Middle East Summit
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inflation
Economy
Türkiye’s bold minimum wage hike spells trouble for inflation
A 49 percent surge in monthly minimum wage could exacerbate inflation and strain businesses
Markets
Oil prices stabilize as focus shifts towards interest rates
Brent crude futures fell 26 cents or 0.3 percent to $79.13 per barrel
Markets
Gold rises, U.S. dollar declines in light of expected interest rate cuts
Lower interest rates decrease the opportunity cost of holding non-yielding bullion
Economy
Türkiye maintains monetary tightening, raises interest rate to new heights
Bank said tightening measures nearing end of cycle
Economy
Central Bank of Egypt holds interest rates steady for third time in a row
Maintaining credit and discount rate at 19.75 percent
Markets
Gold continues upward trend, surpasses $2,030 mark
Yellow metal set to record highest annual gains in three years
Economy
Will the new Emir of Kuwait Sheikh Mishal launch his reign with a wave of reforms?
IMF expects 0.1 percent GDP growth rate this year
Economy
El-Sisi sweeps to third presidential term with 89.6 percent vote: What promises await the New Republic?
Post-election austerity measures under close scrutiny by analysts
Economy
IFF expects Egypt’s economy to grow by 3.3 percent in 2023-2024
The financing gap in Egypt will reach $7 billion in the current fiscal year
Economy
OECD expects global growth to halve by 2060
Higher taxes might be imposed to prevent debt from skyrocketing
Economy
ECB holds interest rates steady: When can we expect cuts to start?
No lowering of the guard, Lagarde says
Economy
Moody’s affirms Lebanon’s C rating, changes outlook to stable
Rating highlights a negative real GDP growth of 2.6 percent in 2022
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