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Consumer prices: Inflation rate up 7.5% in April 2022
Inflation confirms its upward trend in April 2022, increasing to 7.5% against 7.2% in March, 7% in February and 6.7% in January, said the National Institute of Statistics (INS), in its monthly bulletin on the consumer price index.
Entrepreneurship: “Lab’ess” incubator launches new call for applications to support 15 project ideas
The "Lab'ess" incubator has launched its 10th call for applications to select 15 viable project ideas and support them, from July 4, 2022, via a training programme that includes a bootcamp and workshops adapted to the needs of the incubated.
French economy stalls in first quarter, inflation hits new record
France's economic growth unexpectedly flatlined in the first quarter as consumer spending dropped in the face of record high inflation, official data showed on Friday, putting pressure on President Emmanuel Macron ahead of legislative elections.
Suez Canal sees record monthly revenue in April on higher traffic
Egypt's Suez Canal recorded its highest monthly revenue to date in April, reaping $629 million in ship transit fees, the authority managing the waterway said on Sunday, as traffic rebounded from the impact of the pandemic.
Saudi Arabia’s economy estimated to grow 9.6% in Q1, driven by oil
Saudi Arabia's economy grew by 9.6% in the first quarter of 2022, compared to a year earlier, according to flash government estimates on Sunday, as a recovery in the oil sector drove the strongest growth in more than a decade.