MEXICO CITY, July 29 (Reuters) – Mexico’s economic performance during the second quarter likely experienced a modest improvement, driven by gains in manufacturing and services that counterbalanced declines […]
Markets
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U.S. Trade Deficit Narrows to Two-Year Low Amid Declining Imports
The U.S. goods trade deficit fell to its lowest level in nearly two years in June, driven by a sharp decline in imports. This development has led economists […]
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Egyptian Prime Minister Meets with Executive Director of Islamic Corporation for the Development of Trade
Dr. Mostafa Madbouly, Prime Minister of Egypt, held a meeting with Engineer Adib Al-Amy, Executive Director of the Islamic Corporation for the Development of Trade, at the government […]
Economy
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Eurozone Economic Activity Contracts for First Time in Five Years
Official data reveals that economic activity in the Eurozone has contracted for the first time in five years, signaling a broader economic slowdown across the region. The decline, […]
Economy
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Egyptian Government Sees Positive Economic Indicators Amid Price Stabilization Efforts
Egypt’s Prime Minister has highlighted positive economic developments while emphasizing the need for price stabilization during a meeting at the new administrative capital to discuss measures with traders […]
Economy
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Saudi Economic Council Reviews National Economic Outlook and Vision Implementation Programs
The Saudi Council for Economic Affairs and Development held a virtual meeting to examine the country’s economic outlook for the second half of 2025 and 2026. The council […]
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Retail Trade Drives Economic Growth in Egypt
The retail sector is playing a pivotal role in Egypt’s economic expansion, with private enterprises dominating 95\% of commercial activities and generating 10\% of employment opportunities across various […]
Economy
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Economic Reforms Expected to Boost Growth Rates in Egypt
A Reuters survey indicates that Egypt’s economy likely grew by 4% in the fiscal year ending in June, slightly higher than the 3.8% forecast in April. This growth […]
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2,834 Economic Empowerment Projects Implemented for Vulnerable Families in Kafr El Sheikh
Under the supervision of the Social Solidarity Directorate in Kafr El Sheikh, the Orman Charitable Association has implemented 2,834 microeconomic development projects for low-income families and individuals since […]
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Minister of Petroleum Holds Meeting with Abu Dhabi Ports Group
The Egyptian Minister of Petroleum and Mineral Resources held an expanded meeting with the Abu Dhabi Ports Group at the group’s headquarters in Abu Dhabi. Engineer Karim Badawi […]