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Central Bank of Egypt Announces 100 Basis Point Rate Cut

Cairo: The Monetary Policy Committee of the Central Bank of Egypt (CBE) announced Thursday a 100-basis point cut in the overnight deposit and lending rates, as well as the rate of the main operation, to 21.00 percent, 22.00 percent, and 21.50 percent,…

S. Korea’s Consumer Price Increases 2% in September

South korea: South Korea’s consumer prices grew by more than 2% in September, returning to the 2% range after one month, largely due to rising prices of essential food items, data showed Thursday.

According to Qatar News Agency, consumer prices, a k…

QSE Index Rises Marginally at Beginning of Thursday’s Trading

Doha: The QSE index experienced a slight uptick of 0.07% at the start of Thursday’s trading session, increasing by 7.74 points to reach 10,963 points, compared to its closing position in the previous session. This modest rise was supported by gains in…