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Egypt cbank ups rates to curb inflation
Cairo
The Egyptian central bank said on Friday it raised its key overnight interest rates for the third time this year to contain inflation expectations after recent government decisions to raise the prices of fuel and cigarettes.
Egypt inflation hits fresh 3-yr peak on food rises
Cairo
Urban inflation in Egypt jumped to a fresh three-year peak in April as food prices surged, adding to pressure on the country's central bank to raise interest rates for a third consecutive time.
Nobel winners to study food crisis at Jordan meeting
Amman
More than three dozen Nobel Prize winners will meet behind closed doors next month in the ancient Jordanian city of Petra to discuss solutions to the world's problems, including the present food crisis.
More top stories
Kuwait cbank urges anti-inflation efforts
Saudi Arabia curbs public spending
Al Qudra divests chairman of authority
Dubai to host WEF debut summit
Saudi plans $5.3bn investment firm
Saudi inflation raises revaluation pressure: Jadwa
Bush, Mubarak to open World Economic Forum
Foreign factors 'drive 40pc of UAE prices'
Bahrain money supply growth hits 7-yr peak
No respite from high inflation for Gulf states
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Drugmakers chase new markets as US, Europe flop
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Gulf currency bets resurrect Islamic bond sales
The Gulf's once red-hot Islamic bond market is coming back to life after a nine-month lull as sel
KFC heads to China as US faces recession
With a possible US recession looming, Colonel Sanders is turning to China to fill the breach, off
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