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…
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Inflation
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…
Egyptian pound gains ground at Wednesday’s close
The Egyptian pound (EGP) strengthened against the US dollar (USD) on Wednesday, June 4 2025, according to data from…
Bulgaria gets EU approval to join eurozone in ’26
The European Commission and European Central Bank (ECB) have approved Bulgaria’s adoption of the euro, set for 1…
French services contract for 9th month in May ’25
France’s service sector contracted for the ninth consecutive month in May, though at the slowest pace so far this…
Germany’s service sector contracts sharply in May ’25
Germany’s service sector contracted for the second consecutive month in May, shrinking at the fastest pace in two…
Eurozone growth slows in May ’25, services contract
The eurozone economy grew for a fifth straight month in May, but the pace of expansion slowed, as services activity…
OECD warns of global growth slowdown
The OECD forecasts global economic growth to slow to 2.9 per cent in 2025 and 2026, down from 3.3 per cent last…
Malaysia manufacturing rises slightly in May – S&P Global
Malaysia’s manufacturing sector continued to contract in May, though at a slower pace, with the seasonally adjusted…
Venezuela raises taxes, fees to offset 30% oil revenue drop
Venezuela is increasing taxes and public service charges on private businesses to compensate for a predicted 30 per…