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    Egypt’s GDP growth hits 6.6% last year

    Egypt’s GDP growth hits 6.6% last year

    26 Aug 2022

    The size of Egypt’s economy expanded by 6.6 per cent in the previous fiscal year 2021/2022 compared to a growth rate of 3.3% in the year prior, Prime Minister Moustafa...

    UK cost-of-living crisis worsens as energy price cap nearly doubles

    UK cost-of-living crisis worsens as energy price cap nearly doubles

    26 Aug 2022

    British households on Friday faced an eye-watering 80-per cent hike in electricity and gas bills, in a dramatic worsening of the cost-of-living crisis before winter as the country awaits a...

    India’s digital lending rules spark disruption, firms plan pushback

    India’s digital lending rules spark disruption, firms plan pushback

    26 Aug 2022

    India’s stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting companies to chart a lobbying pushback, according to industry sources...

    World at rising risk of recession as inflation hammers consumers

    World at rising risk of recession as inflation hammers consumers

    23 Aug 2022

    The global economy is increasingly at risk of sliding into recession, surveys showed on Tuesday, as consumers faced with generation-high inflation rein in spending while central banks are tightening policy...

    UK economy in the doldrums as factories report output slump

    UK economy in the doldrums as factories report output slump

    23 Aug 2022

    Britain’s private sector slowed to a crawl in August as factory output fell and the larger services sector eked out only a modest expansion, adding to signs that recession may...

    Saudi Re announces strong results for H1 2022

    Saudi Re announces strong results for H1 2022

    21 Aug 2022

    Saudi Reinsurance Company (Saudi Re) on Sunday announced its financial results for the first half of the current financial year 2022 with improved operating results by 8% compared to the...

    Greece rid of budget watch but inflation and energy woes bite

    Greece rid of budget watch but inflation and energy woes bite

    20 Aug 2022

    With more of a whisper than a resounding clang, Greece has shed another restriction dating to its painful financial bailout years. Saturday’s formal end of “enhanced surveillance” by European Union...

    German gas import costs surge 153% in H1 as imports drop 24%

    German gas import costs surge 153% in H1 as imports drop 24%

    20 Aug 2022

    German natural gas import costs rose by 153% in the first six months of 2022 from a year earlier, even though imports were down by 24.3%, official data showed. Europe’s...

    India’s housing prices increase 5 per cent amidst healthy demand

    India’s housing prices increase 5 per cent amidst healthy demand

    20 Aug 2022

    V Nagarajan A resurgence in India’s residential demand has led to a 5% increase in prices across the top eight cities while registering a marginal decline in unsold inventory during...

    UK retail sales rise unexpectedly in July on online shopping deals

    UK retail sales rise unexpectedly in July on online shopping deals

    19 Aug 2022

    British shoppers spent more than expected last month after being enticed by online shopping deals, official figures showed on Friday, but sales volumes look set to resume their decline as...

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