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PM: Egypt eyes 5.5% average economic growth over next 3 years
Egypt’s Prime Minister Moustafa Madbouly announced on Tuesday that the government targets an average economic…
Egypt’s inflation to take 12-18 moths to hit CBE target – IMF
Egypt will need between 12 and 18 months to bring inflation down to the Central Bank's (CBE) target, said…
IMF forecasts Egypt’s real GDP to grow 4% in FY24/25 – official
The International Monetary Fund is forecasting about 4 per cent for Egypt's real GDP growth in the current fiscal…
Egypt Cabinet greenlights two new private free zones
The Egyptian Cabinet has approved the establishment of two new free trade zones to enhance the country’s trade and…
US housing prices flat in May
US housing prices were flat in May 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index.…
Mexico’s growth slows in Q2 as high rates cool demand
Mexico's economic growth unexpectedly slowed in Q2, with GDP increasing by just 0.2 per cent, below the 0.4 per…
Jeddah Islamic Port listed on LME
The Saudi Ports Authority (Mawani) has announced that the Jeddah Islamic Port (LME) will be listed on the London…
S&P affirms Indonesia’s BBB investment grade rating
S&P Global Ratings has reaffirmed Indonesia's credit rating at BBB with a stable outlook.
Swiss Glencore anticipates higher coal production levels in H2 ’24
Glencore maintained its full-year 2024 production guidance and announced additional steelmaking coal volumes…
Global gold jewellery consumption falls 19% YoY in Q2 ’24 – data
Global gold jewellery consumption experienced a significant decline of 19 per cent year-on-year in the second…