WB head warns of impact of escalating Middle East war on global economy
World Bank President Ajay Banga warned that a wider Israel-Gaza conflict could significantly impact the global…
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Israel
Indian stocks slip on auto, IT weakness
Indian stock markets retreated from early gains on Tuesday, driven lower by declines in the automotive and…
Israel’s budget deficit hit approx. $2.34b in Sept
Israel's Finance Ministry reported a significant budget deficit of 8.8 billion shekels (approximately $2.34…
Indian rupee slightly gains amid falling oil prices
The Indian rupee strengthened slightly on Wednesday due to lower oil prices and positive regional currency…
Private equity investments surge in the Middle East
Private equity and venture capital investments in the Middle East have seen significant growth in 2024, focusing on…
Asian shares decline on Wednesday
Asian stock markets bore the brunt of the sell-off, mirroring the previous day's decline on Wall Street.
Moody’s downgrades Israel’s ratings to Baa1, maintains negative outlook
Moody's Ratings has downgraded Israel's long-term local and foreign-currency issuer ratings to Baa1 from A2,…
US grants Egypt full yearly military aid
The US is granting Egypt with its full $1.3 billion military aid allocation for the first time under the Biden…
Israel’s budget deficit reaches NIS 12.1b in August
Israel recorded a budget deficit of NIS 12.1 billion for August 2024, while the year-to-date (YTD) deficit for…
Israel cuts ’24 growth forecast amid ongoing Gaza aggression
Israel’s finance ministry revised its 2024 growth forecast downward to 1.1 per cent, down from 1.9 per cent, due to…
