economy

Central Bank of Egypt issues treasury bonds worth LE 14.5 billion on Monday
Business

Central Bank of Egypt issues treasury bonds worth LE 14.5 billion on Monday

The Central Bank of Egypt on Monday issued treasury bonds worth LE14.5 billion, in coordination with Finance Ministry, to finance…
Investors flee U.S. corporate junk debt on inflation, Omicron concerns
World

Investors flee U.S. corporate junk debt on inflation, Omicron concerns

CHICAGO, Dec 2 (Reuters) – Worries over surging inflation and a new variant of the coronavirus are roiling the U.S.…
Turkey economy grew 7.4% in Q3; lira clouds outlook
Middle East

Turkey economy grew 7.4% in Q3; lira clouds outlook

ISTANBUL, Nov 30 (Reuters) – Turkey’s economy grew 7.4% year-on-year in the third quarter, meeting expectations on the strength of…
Food, gas prices pinch families as inflation surges globally
World

Food, gas prices pinch families as inflation surges globally

BUDAPEST, Hungary (AP) — From appliance stores in the United States to food markets in Hungary and gas stations in…
Egypt’s economy is expected to grow by 5.6% in 2022
Business

Egypt’s economy is expected to grow by 5.6% in 2022

Egypt’s economy is expected to grow by 5.6 percent in the fiscal year 2021-2022, Minister of Planning Hala Al-Saeed said…
Turkish opposition calls for early election amid lira meltdown
Middle East

Turkish opposition calls for early election amid lira meltdown

ANKARA, Nov 18 (Reuters) – Turkish opposition leaders called for immediate early elections on Thursday after the lira plunged 6%…
Christmas in Bethlehem: Gilded treasures, but few tourists
Middle East

Christmas in Bethlehem: Gilded treasures, but few tourists

BETHLEHEM, West Bank (AP) — Ahead of Christmas, a towering wooden screen — once blackened with soot from millions of…
Where are the workers? Cutoff of jobless aid spurs no influx
World

Where are the workers? Cutoff of jobless aid spurs no influx

INDIANAPOLIS (AP) — Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week…
UBS eyes Mideast expansion with new wealth desk in Dubai -memo
Middle East

UBS eyes Mideast expansion with new wealth desk in Dubai -memo

DUBAI, Oct 21 (Reuters) – UBS (UBSG.S) will establish a new wealth desk in Dubai that will add coverage of…
Gulf economies to pick up speed next year, with fall in oil prices biggest risk
Middle East

Gulf economies to pick up speed next year, with fall in oil prices biggest risk

BENGALURU, Oct 21 (Reuters) – Economies in the six-member Gulf Cooperation Council will grow faster next year than previously thought,…
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