Dr. Mostafa Madbouly, Prime Minister of Egypt, emphasized the government’s firm commitment to revitalizing state-owned factories and enterprises within strategic sectors, affirming that the state will remain actively […]
Economy
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Egypt and Saudi Arabia Strengthen Economic Ties with Surge in Trade and Investment Agreements
The volume of bilateral trade between Egypt and Saudi Arabia has grown by 38%, reaching over $11 billion in the first half of 2024 compared to the same […]
Economy
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Austria Emerges from Its Longest Economic Recession Since WWII
Austria has exited its longest economic downturn since the end of World War II, returning to positive growth after a prolonged period of contraction. The recovery marks a […]
Economy
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Egypt’s Economic Recovery Gains Momentum Amid Rising Reserves and Falling Inflation
Egypt’s economic recovery is gaining traction, supported by improvements in foreign exchange reserves and a decline in inflation, according to Mohamed Maait, the country’s Minister of Finance. These […]
Economy
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Middle East and North Africa, Afghanistan, and Pakistan Economic Outlook: Diverging Growth Paths in 2025
Growth across the Middle East and North Africa, along with Afghanistan and Pakistan, is expected to follow divergent trajectories in 2025. The Gulf Cooperation Council (GCC) countries are […]
Economy
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Austrian Economic Outlook Improves as Recession Nears End, Forecasters Say
Leading Austrian economic institutes, including WIFO and the Institute for Advanced Studies (IHS), predict the end of the country’s longest recession in modern history, forecasting modest growth in […]
Economy
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Smarter Spending: How Efficient Public Expenditure Can Drive Economic Growth
Chapter 1 of the latest Fiscal Monitor report from the International Monetary Fund explores how governments can boost economic growth by improving the efficiency and allocation of public […]
Economy
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Egypt’s Social Solidarity Ministry Plans 75.5% Budget Increase for FY 2025/2026 to Boost Economic Empowerment
A new strategy aimed at strengthening social protection and economic empowerment is set to drive a 75.5% increase in the budget allocation for Egypt’s Ministry of Social Solidarity […]
Real Estate
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Nantucket Real Estate Professional Opposes Short-Term Rental Restrictions Over Economic Concerns
A veteran real estate broker with 28 years of experience on Nantucket has voiced strong opposition to proposed short-term rental regulations, warning of negative economic consequences for the […]
Economy
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Economic Outlook for Latin America and the Caribbean Shows Persistent Inflation and Uneven Social Progress
Inflation continues to pose challenges across major economies in Latin America and the Caribbean, despite overall progress toward stabilization. While most large nations are on course to meet […]