inflation

Egypt’s central bank keeps key interest rates unchanged
Economy

Egypt’s central bank keeps key interest rates unchanged

CAIRO, May 23 (Reuters) – Egypt’s central bank on Thursday kept its key interest rates unchanged, in line with a…
Egypt headline inflation drops to 13.0 pct in April: CAPMAS
Economy

Egypt headline inflation drops to 13.0 pct in April: CAPMAS

Egypt’s annual urban consumer price inflation eased to 13.0 percent in April from 14.2 percent in March, official statistics agency…
‘Feels terrible’: Iran a year after US sanctions reimposed
Middle East

‘Feels terrible’: Iran a year after US sanctions reimposed

Alireza says he used to dream of a better future in Iran and even saw himself getting a new car…
Egypt’s economy seen growing 5.5 pct in year to end of June
Business

Egypt’s economy seen growing 5.5 pct in year to end of June

CAIRO (Reuters) – Egypt’s economy is expected to grow 5.5 percent in the fiscal year that ends in June, according…
Moody’s upgrades Egypt’s rating to B2
Business

Moody’s upgrades Egypt’s rating to B2

Moody’s upgraded Egypt’s rating to B2 with a stable outlook, expecting financial and economic reforms to cause gradual and steady…
Turkish unemployment jumps to highest rate in nearly a decade
Middle East

Turkish unemployment jumps to highest rate in nearly a decade

ANKARA (Reuters) – Turkey’s unemployment rate surged to 14.7 percent in the December-February period, its highest level in nearly a…
Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS
Economy

Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced an 0.9 percent increase in Egypt’s inflation rate in March…
Egypt’s urban inflation jumps to 14.4 pct in Feb
Economy

Egypt’s urban inflation jumps to 14.4 pct in Feb

CAIRO, March 10 (Reuters) – Egypt’s annual urban consumer price inflation increased to 14.4 percent in February from 12.7 percent…
Ghost workers sap Tunisia’s phosphate wealth
Middle East

Ghost workers sap Tunisia’s phosphate wealth

METLAOUI, Tunisia – Tunisia’s state phosphate firm CPG pays Abdel-Basset Klifhi a salary of $280 a month, even though he…
Forty years since revolution, Iran taunts ‘declining’ America
Middle East

Forty years since revolution, Iran taunts ‘declining’ America

DUBAI (Reuters) – Forty years after its revolution, Iran has no fear of a “declining” America, a senior cleric said…
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