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September 19, 2024

US mortgage rates continue to decline

The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, said the mortgage rates have been sliding down towards a record low since the start of the last year thanks to improvement of economy and low interest rates.

“Mortgage rates …

Egypt jump 5 places to 36th in FIFA’s September World Rankings

Egypt’s national football team have jumped in FIFA’s September World Rankings to 36th, up from 31st since the July rankings.

The Pharaohs now hold the third position in Africa, trailing behind Morocco and Senegal, and the second in the Arab world.

T…

Turkiye: Central bank steadies interest rate at 50 percent

The Turkish Central Bank decided on Thursday to keep the interest rate AT 50 percent for the sixth month in a row declaring vigilance vis a vis the inflation but stoppING short of indicating whether it would ultimately stiffen the monetary policy.

T…

Oil prices rise despite concerns about global demand

Oil prices rose on Thursday after a significant cut in US interest rates, while concerns about global demand remained, which limited gains.

Brent crude futures for November delivery rose 36 cents, or 0.5 %, to $74.01 a barrel. West Texas Intermediate…