Egypt to boost private sector with IFC – minister
In a bid to bolster Egypt's private sector, Rania Al-Mashat, the Minister of International Cooperation and Governor…
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geopolitical tensions
Bank of Spain to increase ’24 growth projection in June
The Bank of Spain is set to increase its 1.9 per cent growth forecast for the Spanish economy in 2024, according to…
Euro area economy set for recovery in ’24, OECD forecasts
The eurozone is likely to see GDP growth of 0.7 per cent in 2024, and 1.5 per cent in 2025, according to the…
Gold prices slip on hawkish Fed meeting
Gold prices extended their slide in Asian trading on Wednesday, weighed down by anticipation of a hawkish stance…
Falling inflation could trigger rate cuts in June – ECB policymaker
The European Central Bank (ECB) should commence cutting interest rates in June if the gradual decline in inflation…
Asia-Pacific to approach smooth economic transition – IMF
Asia-Pacific is approaching a smooth economic transition, marked by rapid disinflation and robust growth, though…
Egypt targets 70% private sector contribution to economy – minister
Egypt is making significant strides to boost private sector partnerships, aiming for them to constitute 70 per cent…
Commodity prices to decline by 3% in ’24 – World Bank
The World Bank projects a 3 per cent decline in commodity prices for 2024 and an additional 4 per cent drop in…
Gold prices slightly up ahead of US data
Gold prices edged higher on Wednesday, reaching $2,325.23 per ounce, but remained confined to a tight trading…
Gold loses momentum on Tuesday after strong run
Gold prices tumbled on Tuesday, touching their lowest level in over two weeks, as concerns about a major escalation…
