Tue, 21-Oct-2025

Employers resent raise in key policy rate

EFP

KARACHI: The Employers’ Federation of Pakistan (EFP) is completely perplexed by the central bank’s action towards the recent interest rates, a statement said. EFP president Ismail Suttar said that the State Bank’s action to increase the level of already augmented interest rates proves that there is an absolute uncertainty about the correlation between inflation and … Read more

Egypt’s exports jump 24.5% to $25.9 billion in 10 months

Egypt’s exports

CAIRO: Egypt’s exports saw an increase of 24.5 per cent in the ten months to October 2021 as a result of new measures put in place to stimulate export trade, Arab News reported. Egyptian Minister of Trade and Industry, Nevin Gamea, said that the measures helped Egyptian exports rise during the first ten months of 2021, reaching … Read more