PM: Sisi’s Gaza speech reaffirms Cairo’s steadfast stance on Palestinian cause
Egyptian Prime Minister Moustafa Madbouly said on Wednesday that President Abdel Fattah al-Sisi’s recent remarks on…
Browsing Tag
conflict in Gaza
World Bank: Gaza reconstruction needs estimated at $53b
The reconstruction and recovery of Gaza will require an estimated $53 billion, according to the World Bank's Gaza…
Israel’s foreign investments hit $11.8b in H1 ’24
Israel saw foreign investments surge to $11.8 billion in the first half of 2024, despite its multifront aggression…
Israel’s inflation down in Nov. ’24
Israel’s inflation eased to 3.4 per cent in November, the lowest since July, but remained above the government’s…
ILO: Gaza faces economic devastation as War enters 2nd year
Gaza is facing devastating economic repercussions as the war enters its second year, according to the latest…
WB head warns of impact of escalating Middle East war on global economy
World Bank President Ajay Banga warned that a wider Israel-Gaza conflict could significantly impact the global…
Moody’s downgrades Israel’s ratings to Baa1, maintains negative outlook
Moody's Ratings has downgraded Israel's long-term local and foreign-currency issuer ratings to Baa1 from A2,…
US grants Egypt full yearly military aid
The US is granting Egypt with its full $1.3 billion military aid allocation for the first time under the Biden…
Israel’s budget deficit reaches NIS 12.1b in August
Israel recorded a budget deficit of NIS 12.1 billion for August 2024, while the year-to-date (YTD) deficit for…
Israel cuts ’24 growth forecast amid ongoing Gaza aggression
Israel’s finance ministry revised its 2024 growth forecast downward to 1.1 per cent, down from 1.9 per cent, due to…