EconomyTop StoriesDubai’s annual inflation rate slows to hit lowest level in 14 monthsGBO CorrespondentNovember 21, 2024 GBO CorrespondentNovember 21, 2024 When compared to other major cities in the region, Dubai's inflation rate...
EconomyTop StoriesMENA Watch: IMF issues 2025 projections for the regionGBO CorrespondentNovember 20, 2024 GBO CorrespondentNovember 20, 2024 The IMF has highlighted that increased oil output, especially from GCC countries...
Banking and FinanceTop StoriesGulf-based central banks cut interest rates following US Fed leadGBO CorrespondentNovember 12, 2024 GBO CorrespondentNovember 12, 2024 The Gulf states typically follow the Fed's lead when it comes to...
EconomyTop StoriesIMF to begin delayed review of Egypt loan programme as country’s non-oil economy declinesGBO CorrespondentNovember 7, 2024 GBO CorrespondentNovember 7, 2024 Egypt has successfully implemented a flexible exchange rate system...
EconomyTop StoriesEgypt’s annual inflation rate slows to 26%GBO CorrespondentOctober 17, 2024 GBO CorrespondentOctober 17, 2024 Egypt has tightened its monetary policies by USD 8 billion IMF financial...
Banking and FinanceTop StoriesEuropean Central Bank policymakers press case for October interest rate cutGBO CorrespondentOctober 15, 2024 GBO CorrespondentOctober 15, 2024 The European Central Bank's deposit rate is now expected to drop to...
EconomyTop StoriesJapan’s wholesale inflation perks up, Yen rise eases cost pressureGBO CorrespondentOctober 15, 2024 GBO CorrespondentOctober 15, 2024 In March 2024, the BOJ eliminated negative interest rates and increased the...
Banking and FinanceTop StoriesGhana central bank slashes key rate as inflation outlookGBO CorrespondentOctober 3, 2024 GBO CorrespondentOctober 3, 2024 According to Reuters polled economists in July 2024, Ghana's interest rate would...
EconomyTop StoriesBank of Japan remains hawkish on rate hikes despite inflation slowdownGBO CorrespondentSeptember 16, 2024 GBO CorrespondentSeptember 16, 2024 Now, it needs to be seen whether the slowdown in wholesale inflation...
EconomyTop StoriesEgypt’s economy shows signs of recovery despite challenges: IMFGBO CorrespondentAugust 29, 2024 GBO CorrespondentAugust 29, 2024 The release of the IMF's review on Egypt has identified several encouraging...