S&P Global: UK factory activity contracts for 8th month
UK manufacturing sector remained in contraction in May, though the pace of decline slowed, offering tentative signs…
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Inflation
S&P Global: Türkiye’s manufacturing decline continues in May
Türkiye’s manufacturing sector continued to contract in May, with the Istanbul Chamber of Industry Türkiye…
IMF sees growth cooling in Italy, urges stronger fiscal discipline
Italy’s economy expanded by 0.3 per cent in the first quarter of 2025, after posting 0.7 per cent growth in 2024…
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,…
Turkey keeps inflation forecast unchanged at 24%
Turkey’s central bank kept its year-end inflation forecast steady at 24 per cent on Thursday, with Governor Fatih…
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 Sisi witnesses launch of Future of Egypt Industrial City Phase I
President Abdel Fattah El Sisi witnessed Wednesday the inauguration of the first phase of Egypt’s Mostaqbal Misr…
Egypt’s GDP growth to reach 5% in Q1 ‘25
Egypt’s economy showed signs of recovery in early 2025, with preliminary estimates pointing to 5.0 per cent…
Egypt’s inflation slows sharply in Q1 ’25 after years of external, domestic shocks
Egypt’s inflation continued to ease in early 2025, with both headline and core rates recording sharp declines,…
Egypt’s c. bank expects inflation to reach target by late ’26
The Central Bank of Egypt (CBE) expects inflation to continue declining over the coming two years, gradually moving…