An Egyptian woman attends a customer at her vegetable shop in downtown Cairo, Egypt. Reuters
Egypt’s annual urban consumer price inflation decreased to 4.8% in September from 7.5% in August, the statistics office said on Thursday, slowing to its lowest level in almost seven years and paving the way for more interest rate cuts.
Egypt’s headline inflation rate fell to its lowest in nearly four years, dropping to 8.7% in July from 9.4% in June, official figures from the CAPMAS statistics agency showed.
Input price inflation in the Egyptian non-oil private sector eased to one of the weakest rates on record in November, according to the latest survey data.
Sheikh Fahim Bin Sultan Al Qasimi, Chairman of the Department of Government Relations in Sharjah, stated that the department has enhanced the stature of the UAE, in general, and Sharjah, in particular,
After the success of She Leads, Creative Zone and the Dubai Business Women Council (DBWC) have launched the second phase of their integrated accelerator programme, She Leads 2.0.
Dana Gas has announced that year-to-date Pearl Petroleum Company Limited has received $151 million (Dhs553 million) from the sale of gas, condensate and LPG, in the Kurdistan Region of Iraq (KRI).