Egypt’s non-oil private sector contracts in May – PMI
ypt’s non-oil private sector remained in contraction in May, with the S&P Global Egypt PMI rising to 47.1 from…
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GDP growth
Egypt’s non-oil sector sees sharpest contraction in 2 years amid middle east tensions
Egypt’s non-oil private sector activity contracted at its fastest pace since April 2024, with the S&P Global…
Asian shares steady on Monday
Asian shares consolidated recent strong gains on Monday as Lunar New Year holidays kept trading thin across the…
Egypt’s non-oil private sector activity rises for 3rd month in Jan, demand eases –…
Egypt’s non-oil private sector saw output rise for the third consecutive month in January 2026, extending the…
Egypt non-oil sector expands at 5-year high
Egypt’s non-oil private sector recorded its strongest expansion in five years in November 2025, driven by rising…
Egypt’s GAFI to open startup offices in free zones within 6 months
Egypt’s General Authority for Investment and Free Zones (GAFI) will make administrative headquarters for startups…
Egypt’s non-oil private sector contraction at slower pace in October – PMI
Egypt’s non-oil private sector saw its slowest contraction in eight months in October, with business output and new…
Egypt records strong growth in tourism, non-oil manufacturing in FY 2024/2025
Egypt recorded robust growth across key economic sectors in the fourth quarter and fiscal year 2024/2025, led by…
Kuwait’s economy to grow by 2.6% in 2025 – IMF
Kuwait’s economy is set to expand by 2.6 per cent in 2025, supported by higher oil output following the easing of…
EBRD lifts Egypt’s 2025 growth forecast to 4.8%
Egypt’s economy is projected to grow by 4.8 per cent in 2025 before moderating to 4.5 per cent in 2026, according…
Egypt puts debt reduction at core of 5-year economic plan – PM
Egypt’s economic plan centres on cutting debt to its lowest levels in recent history over the next five years,…
PM: Egypt targets lowest debt levels in its history under new economic narrative
Egypt aims to cut public debt to the lowest level in its modern history and sustain annual economic growth of 5–7…
Egypt targets EGP3.5t in investment, 4.5% growth in 2025/’26 plan
Egypt has set a target of 3.5 trillion Egyptian pounds in total investments and a 4.5 per cent growth rate under…
Kenya to grow 5.6% in 2025; Ruto says at TICAD 9
Kenya expects its economy to expand by 5.6 per cent in 2025, outpacing official forecasts and last year’s 4.7 per…
UK cuts interest rate to 4%
The Bank of England (BoE) decided on Thursday to cut the rate by 0.25 per cent points to 4 per cent, citing…
Egypt’s economic outlook improves – poll
Egypt’s economy grew by an estimated 4.0 per cent in the fiscal year ending June 2024, slightly higher than the 3.8…
Egypt’s Al Mashat, Meridiam discuss progress on flagship wind plant
Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al Mashat held talks with…
Egypt After 2025: Navigating a Critical Inflection Point
Amid exceptional global economic turbulence marked by volatility and uncertainty, Egypt stands at a strategic…
Egypt’s economy expands rapidly over 10yrs – CAPMAS
Egypt's economy has seen significant growth in the past decade, with GDP reaching EGP 13,902.6 in 2023/24, a 552.7…
UK economy expands in Q1 ’25, services lead
The UK economy grew by 0.7 per cent in the first quarter of 2025, unchanged from the initial estimate, according to…
AfDB sees Egypt’s economy gradually recovering
Egypt’s economy is expected to maintain its recovery in the coming years, with the African Development Bank (AfDB)…
Egypt’s economy to grow by 3.8% in FY 2024/25 – World Bank
Egypt’s economy is expected to grow by 3.8 per cent in fiscal year 2024/25, up from an estimated 2.4 per cent in…
Zambia secures IMF staff-level deal
Zambia has reached a staff-level agreement with the IMF for a $194 million disbursement under the Fifth Review of…
BoE’s Bailey: Rate cuts ‘gradual, careful’ amid trade uncertainty
Bank of England Governor Andrew Bailey told lawmakers on Tuesday that interest rate cuts in the UK will remain…
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…
Egypt’s PM: IMF mission in Cairo for 5th review
An International Monetary Fund (IMF) mission is currently in Egypt for the fifth review of the country's economic…
Egypt’s executed investments rise 5.8% YoY in FY 2023/24 – minister
Egypt’s total executed investments for the 2023/24 fiscal year rose 5.8 per cent year-on-year to 1.626 trillion…
Bank of Israel maintains rate at 4.5%
Bank of Israel decided on Monday to maintain the interest rate at 4.5 per cent. Economic activity is recovering at…
Poland’s finance minister pushes for rate cuts to spur investment
Poland’s finance minister, Andrzej Domanski, criticised communication issues with the central bank while advocating…
Germany set for 0.0% GDP growth in 2024, OECD forcasts
Germany's GDP is expected to stagnate at 0.0 per cent growth in 2024, recovering from a -0.3 per cent contraction…
Russia’s economic growth to slow after ’24 peak
Russia's GDP growth is projected to rise to 3.9 per cent in 2024, up from 3.6 per cent in 2023, according to the…
Euro area inflation to ease further in coming years – OECD
Euro area inflation is projected to drop from 5.4 per cent in 2023 to 2.4 per cent in 2024, according to the OECD's…
IMF: Turkey GDP growth to slow to 3.0% in ’24
Turkey's GDP growth is projected to slow to 3.0 per cent in 2024, down from 5.1 per cent in 2023, according to the…
IMF raises 2024 Russia forecast, cuts 2025 estimate
The International Monetary Fund (IMF) raised on Tuesday its growth outlook for Russia to 3.6 per cent in 2024, but…
IMF: Euro area to pick up to a modest 0.8% in ’24
The International Monetary Fund (IMF) on Tuesday made a slight downward revision of 0.1 percentage point for its…
Russia’s GDP growth revised up to 4.7% for H1 ’24
Russia’s GDP growth estimate for the first half of 2024 has been revised upward from 4.6 per cent to 4.7 per cent,…
UK GDP growth to hit 1.1% in 2024 – OECD
UK GDP growth is projected to rise to 1.1 per cent in 2024 and 1.2 per cent in 2025, up from 0.1 per cent in 2023,…
S. Africa economy grows in Q2 ’24
South Africa's economy grew by 0.4 per cent in the second quarter of 2024, driven by key sectors such as finance,…
UK August flash output PMI hits 4-month high
The UK private sector continued to expand in August, with the S&P Global Flash UK PMI Composite Output Index…
Mozambique’s private sector sees modest growth in July – PMI
Mozambique's private sector experienced modest growth in July 2024, according to the latest Standard Bank…