Beverage
Egypt’s annual inflation dropped in October to 31.8 percent year-on-year.
Diageo, the British maker of alcoholic drinks, said Wednesday it had agreed to buy Casamigos, an upscale tequila brand co-founded by Hollywood star George Clooney, in a deal worth up to $1 billion.
The price of a pack of cigarettes doubled for Saudi Arabian smokers on Sunday under first-time tax measures to help the kingdom cope with a drop in oil revenues.
Egypt’s annual urban inflation declined to 30.9 percent in May, compared to 32.06 percent by the end of April, state statistics body announced Thursday.
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