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Egypt annual inflation at record 36.8% in June
Egypt annual inflation at record 36.8% in June
by  AFP

Annual inflation in Egypt hit 36.8 percent in June, official figures showed on Monday, an all-time high for the country grappling with a punishing economic crisis. The latest figures, a rise of almost 37 percent from June last year, also showed a two percent month-on-month jump from May this year.

Tech rally helps Hong Kong lead most Asia markets higher
Tech rally helps Hong Kong lead most Asia markets higher
by  AFP

Hong Kong led gains in most Asian markets Monday on hopes China has ended its long-running crackdown on the tech sector after imposing huge fines on the fintech affiliates of Alibaba and Tencent. That was when the Alibaba affiliate tried to launch an initial public offering in Hong Kong that was thwarted by China.

Sweet success: Jordan's beekeepers busy as honey demand soars
Sweet success: Jordan's beekeepers busy as honey demand soars
by  AFP

Jordan's key tourism industry may have been hammered by Covid, but the pandemic gave a boost to another sector, keeping its beekeepers busy as demand for honey has soared. - Ecosystem service - Rababaa also said that, since the Covid pandemic, "demand for locally produced honey has clearly increased".

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