inflation

IMF eases some conditions on Egypt’s $8 billion finance package

Egypt's economic growth to increase to around 5.5 percent as structural reforms to strengthen the business climate pay off

UAE gold prices decline, global rates set for weekly fall after slipping from record highs

Gold prices fell almost 1 percent this week after hitting a record high on Tuesday

Turkish central bank holds interest rate steady at 50 percent for fifth month

This move reflects TCMB's commitment to a cautious monetary policy, balancing inflation control with economic risks

UAE gold prices dip, global rates remain above $2,500 level on U.S. rate cut optimism

Multiple Chinese banks have been given new gold import quotas from the central bank, signaling renewed buying demand

Egypt’s private sector fuels 37 percent of investment, driven by 293 reforms

The report shows that 64 percent of measures focused on boosting investment and industry

UAE gold prices dip, global rates rise after slipping 1 percent as large rate cut hopes fade

So far this year, gold prices have gained 19 percent and set a new record high of $2,483.60 on July 17

Oil prices rise as U.S. stockpiles shrink, Fed rate cut bets grow

Brent crude oil futures for the October delivery rose 0.5 percent to $81.09 per barrel

UAE gold prices dip, global rates down as markets await U.S. inflation data release

Data on Tuesday revealed that U.S. producer prices increased less than expected in July, signaling a cooling in inflation

UAE’s diversified economy maintains robust growth in real estate, tourism, and manufacturing: OPEC

OPEC reported that the housing, utilities, and fuels sector rose to 6.7 percent YoY in June, up from 6.6 percent in May

UAE gold prices rise, global rates dip after hitting over one-week high

Gold prices will likely see additional support if a softer U.S. inflation report is released, raising hopes for a larger rate cut

UAE gold prices rise marginally, global rates up as investors await U.S. inflation data

Progress on inflation could support gold prices to retest a new all-time high once more

Türkiye enters ‘disinflation’ as CBRT hikes rates to 50 percent, 2024 inflation forecast at 38 percent

CBRT governor cited $26.5 billion increase in reserves, 50 percent target for lira deposits amid global volatility

Egypt targets sub-10 percent inflation by 2025-2026 as CAPMAS data shows easing price pressures

The country’s annual urban consumer price inflation slid to 25.7 percent in July from 26.5 percent in June

UAE gold prices rise, global rates set for weekly drop as investors await Fed rate cut hints

Markets are now pricing in a 55 percent chance of a 50-basis-points cut in September with bets on an additional cut in December

Egypt’s inflation slows for 5th straight month to 25.7 percent in July

Egypt's inflation rate has declined for the last five months after reaching a record high of 38 percent in September 2023

UAE gold prices rally, global rates hit 2-week high as Fed hints at September rate cut

Gold prices rose as support for the safe-haven asset strengthened amid the threat of conflict escalation in the Middle East

UAE gold prices edge higher, global rates decline on sluggish Asian demand

Investors will closely watch the Fed's interest rate decision on Wednesday, with no change in interest rates expected

Egypt central bank to begin cutting interest rates in September: Report

Egypt's inflation to average around 25 percent in H2 of 2024, down from 31 percent in H1

UAE gold prices stable, global rates rise but set for weekly losses

U.S. economy grew faster than expected in Q2, but inflation pressures eased, maintaining market expectations of a September rate cut

UAE gold prices fall, global rates dip as investors book profits ahead of U.S. economic data

If the PCE data reveals that inflation is slowing and the Fed can cut rates in September, gold prices will likely surge

UAE gold prices up, global rates rise as investors await U.S. GDP reading

In a bid to boost demand, India slashed import duties on gold and silver from 15 percent to 6 percent

Kuwait’s inflation slows to 2.8 percent in June, lowest since 2020, as food and rent costs cool

Price rises in the food & beverages sub-component eased to a still-elevated 5.6 percent down from 6.1 percent in May

Egypt’s external debt dips 8.4 percent to $153.86 billion in five months

Foreign currency inflows into the local market have jumped by about 200 percent