(Reuters) -Mobileye Global Inc beat estimates for revenue and earnings on Wednesday in its first quarterly report after going public…
Egypt expecting approval of IMF package next week-deputy minister
CAIRO (Reuters) – Egypt is expecting approval of a new $3 billion Extended Fund Facility package from the International Monetary…
Turkish factory activity barely expanded in October: Reuters Poll
ANKARA (Reuters) – Turkey’s industrial production index is expected to have barely expanded in October, a Reuters poll showed on…
UAE non-oil private sector growth slows amid global headwinds – PMI
DUBAI (Reuters) – The United Arab Emirates’ non-oil private sector grew in November at its slowest pace since January, as…
Oil prices slump to pre-Ukraine crisis levels on economic jitters
By Shariq Khan NEW YORK (Reuters) -U.S. oil prices fell in frenzied trading on Tuesday to their lowest settlement levels…
Egypt inflation seen jumping to 18.75% in November, post-devaluation – Reuters Poll
By Patrick Werr CAIRO (Reuters) – Headline inflation in Egypt is likely to have sped up in November, a Reuters…
Global pensions with $3 trln on books fear stagflation -survey
LONDON (Reuters) – Global public pension schemes and sovereign wealth funds managing more than $3 trillion in assets fear a…
Kuwait central bank raises discount rate by half percentage point – statement
CAIRO (Reuters) – The central bank of Kuwait raised its discount rate by 0.50% from 3% to 3.50% effective Dec.…
Turkish exporters’ head says FX rate should better reflect inflation
By Ceyda Caglayan ISTANBUL (Reuters) – The Turkish lira’s sudden stability after a roller-coaster year, despite annual inflation near 85%,…
Gulf states, looking East, to reinforce economic ties with China as Xi visits Saudi
By Rachna Uppal DUBAI (Reuters) – Trade and investment ties between China and Gulf Arab states are expected to feature…