Business

Annual inflation rate deaccelerates to 25.2% in July: CAPMAS

Egypt’s annual inflation rate decelerated to 25.2 percent in July 2024 from 27.1 percent in June, with annual urban inflation slowing to 25.7 percent in July from June’s 27.5 percent, according to the latest data from the Central Agency for Public Mob…

Turkey and Iraq discuss cooperation in energy and development

Turkish Minister of Energy and Natural Resources / Alparslan Bayraktar / discussed with Mohammed Al-Najjar, Advisor to the Iraqi Prime Minister for Investment Affairs, the two countries’ cooperation in the fields of energy and development.

Bayraktar…

US data shows decline in jobless

US unemployment rate dropped, giving a positive push to the stock market, according to a Labor Department report.

Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market, the report issued Thursday showed. Init…