Egypt might shift to ‘war economy’ mode if regional tensions rise – PM
Egypt’s Prime Minister Moustafa Madbouly warned on Wednesday that a regional war could have severe consequences for…
Russia records budget surplus of 0.1% of GDP in 9 months
Russia reported on Wednesday a budget surplus of 0.1 per cent of GDP for the first nine months of 2024, a…
US wholesale inventories rise 0.1% in August
The US wholesale inventories increased for the fifth consecutive month in August, although at a slower pace than in…
BoI cuts Israel’s GDP growth forecast to 0.5% in 2024
The Bank of Israel (BOI) has revised its economic forecasts downward, citing increased geopolitical uncertainty and…
Bank of Israel holds rates steady as inflationary pressures mount
Bank of Israel’s monetary committee decided on Wednesday to keep the interest rate unchanged at 4.5 per cent.
Egypt c.bank co-hosts APRM 9th Meeting of Experts on Credit Ratings
The Central Bank of Egypt (CBE) is co-hosting the African Peer-Review Mechanism’s (APRM) 9th Meeting of Experts on…
Wall Street’s profits soar in H1, surpassing pre-pandemic levels – DiNapoli
Wall Street's profits have experienced a remarkable surge in the first half of 2024, far exceeding the highs seen…
EIB announces €600m Ukraine energy rescue plan
The European Investment Bank (EIB) President Nadia Calviño unveiled the Ukraine Energy Rescue Plan, a comprehensive…
URGENT: Egypt’s core inflation slightly eases to 25.0 % Y-o-Y in September – CBE
Egypt’s core consumer price index (CPI) inflation recorded 25.0 per cent year-on-year in September 2024 compared…
China seeks dialogue with US, EU on EV trade
China has been in talks with the United States and the European Union about electric vehicle trade.