Gold prices surged globally and locally, surpassing $4400 per ounce for the first time, fueled by expectations of US interest rate cuts and increased demand for safe-haven assets. Warnings about …
Lebanon experiences increased economic activity during the holiday season with Christmas markets and fuel price drops supporting consumer spending. Concurrently, Lebanon proposes a comprehensive financial gap law aligned with IMF …
Egyptian government officials and economic experts highlight ongoing economic successes including increased foreign currency reserves, industrial growth, export expansion, and investment milestones such as $13.5 billion in the Suez Canal …
French public debt has reached a record level above 120% of GDP according to INSEE, posing significant challenges for government fiscal policy and economic recovery efforts. The government faces warnings …
The EU-Mercosur free trade agreement triggered protests by farmers in Brussels and political reservations from Italy's government, highlighting conflicts between agricultural protection and industrial export interests ahead of the European …
Mohamed Maait, newly appointed Executive Director and Arab Group representative at the IMF, discusses his appointment, Arab countries' representation, and details Egypt's IMF programs addressing economic challenges since 2011, including …
The UAE Ministry of Finance and Federal Tax Authority implemented amendments to selective tax regulations, signed over 55 memorandums of understanding with government and private entities, and announced VAT reverse …
A historic natural gas agreement valued at 112 billion shekels was signed between Israel and Egypt to boost regional stability and alleviate Egypt's energy crisis. Egyptian officials emphasize the commercial …
Egypt reports significant economic progress including increased non-oil exports, trade facilitation measures, industrial development plans, and investment in the Suez Canal Economic Zone. Government officials emphasize reforms, job creation, and …
Russian President Putin outlined economic priorities including combating shadow economy and tax evasion, while the Central Bank of Russia lowered its key interest rate to 16% amid inflation slowdown and …
Lebanon faces ongoing financial and political debates over depositor rights, the fiscal gap law, and public sector salary transfers to the central bank. These developments reflect efforts to restore banking …
Saudi Arabia reports 13.6% annual growth in bank credit reaching 3.3 trillion riyals by October 2025, supported by financial sector reforms under Vision 2030. Additionally, the Saudi Cabinet approved removal …
Recent economic data from the US and UK reveal mixed signals: US labor market weakening with rising unemployment and inflation slowing to 2.7%, while UK inflation dropped sharply to 3.2%, …
The US imposed sanctions on Venezuelan oil tankers, triggering a surge in oil prices amid export disruptions. Venezuela confirms continued exports despite embargo, while major clients like China are affected. …
Atlanta Fed President Rafael Bostic warned that lowering interest rates could increase inflation pressures through late 2026, while former President Donald Trump announced plans to replace Fed Chair Jerome Powell …
Egyptian government officials, including Prime Minister Mustafa Madbouly and Finance Minister Ahmed Kouchouk, highlighted ongoing economic successes such as $13.5 billion investments in the Suez Canal Economic Zone, job creation, …
Reports indicate stable prices for iron, cement, fruits, and vegetables in Egypt on December 17, 2025, alongside regional development plans such as Assiut Governor's announcement of a poultry sector economic …
Gold prices have risen as investors react to expectations of interest rate cuts by the US Federal Reserve.
Sheikh Maktoum bin Mohammed meets with Deutsche Bank's CEO to discuss growth in the financial sector in the UAE.
The Suez Canal Authority announces an 8.6% increase in trade activity, marking the first positive growth in a long time.