Featured ILO: Gaza faces economic devastation as War enters 2nd year Aya Anwar Oct 17, 2024 0 Gaza is facing devastating economic repercussions as the war enters its second year, according to the latest…
Featured World Bank: Egypt sees GDP accelerating to 3.5% growth in FY25 Yomna Yasser Oct 16, 2024 0 Egypt’s economic growth is expected at 2.5 per cent in fiscal year 2024 before accelerating to 3.5 per cent in…
Featured WB head warns of impact of escalating Middle East war on global economy Aya Anwar Oct 16, 2024 0 World Bank President Ajay Banga warned that a wider Israel-Gaza conflict could significantly impact the global…
Featured Israel’s budget deficit hit approx. $2.34b in Sept Aya Anwar Oct 10, 2024 0 Israel's Finance Ministry reported a significant budget deficit of 8.8 billion shekels (approximately $2.34…
Featured Moody’s downgrades Israel’s ratings to Baa1, maintains negative outlook Aya Anwar Sep 29, 2024 0 Moody's Ratings has downgraded Israel's long-term local and foreign-currency issuer ratings to Baa1 from A2,…
Featured EBRD prospects: Jordan growth to slow in ’24 Aya Anwar Sep 26, 2024 0 Jordan’s economic growth is expected to slow to 2.2 per cent in 2024, according to the European Bank for…
Featured US grants Egypt full yearly military aid Aya Anwar Sep 12, 2024 0 The US is granting Egypt with its full $1.3 billion military aid allocation for the first time under the Biden…
Featured Israel’s budget deficit reaches NIS 12.1b in August Aya Anwar Sep 9, 2024 0 Israel recorded a budget deficit of NIS 12.1 billion for August 2024, while the year-to-date (YTD) deficit for…
Featured Israel cuts ’24 growth forecast amid ongoing Gaza aggression Aya Anwar Sep 9, 2024 0 Israel’s finance ministry revised its 2024 growth forecast downward to 1.1 per cent, down from 1.9 per cent, due to…
Featured S&P PMI: Lebanon’s private sector sees further decline in August Aya Anwar Sep 4, 2024 0 Lebanon's private sector experienced declining business conditions in August. The index fell to 47.9 from 48.3 in…