Egypt’s Monetary Policy Committee on Thursday, November 20, has opted to maintain all key interest rates, keeping the overnight deposit rate at 21 percent, lending at 22 percent, and the main operation and discount rates at 21.5 percent. The decision underscores a guarded policy posture as inflation risks remain elevated both at home and abroad. […]
The tight contest between Obama and Romney will finally come to an end on November 6th. However this week will be marked by the unveiling of the closely monitored employment report. Although Hurricane Sandy forced the government to stop working for 2 days, the Labor department plans to release the October jobs data as scheduled […]
The Executive Committee of the Foreign Ministers of the Organization for Islamic Cooperation (OIC) commended, on Tuesday in Istanbul, the efforts led by King Mohammed VI of Morocco to defend the holy city of Al-Quds in his quality as Chairman of Al Quds committee. In a statement issued at the end of its extended extraordinary […]
