Although remittances to Mexico and Jalisco have seen a decrease in 2025, they continue to play a significant role in the local economy. Their future trajectory will depend […]
Economy
Posted on:
U.S. Trade Deficit Surges in May Amid Export Decline
Reuters reported that the U.S. trade deficit surged sharply in May due to a decline in exports, although falling imports suggest that trade could still lead a projected […]
Economy
Posted on:
U.S. Economy Adds 147,000 Jobs in June, Better Than Expected
The U.S. economy added 147,000 new jobs in June, while the unemployment rate remained largely unchanged at 4.1 percent, slightly down from 4.2 percent in May, according to […]
Uncategorized
Posted on:
Egypt-Kuwait Relations Serve as Exemplary Model for Arab Cooperation, Says Diplomat
KUWAIT, July 3 (KUNA) — Egypt’s Ambassador to Kuwait, Osama Shaltout, stated on Thursday that the relationship between Egypt and Kuwait represents a prime example of collaborative Arab […]
Technology
Posted on:
Germany Criticizes China’s Restrictions on Rare Earth Exports
German Foreign Minister Joachim Jaeger criticized China’s restrictions on exporting rare earth metals, describing them as “unilateral and often non-transparent,” warning that these restrictions harm trade relations between […]
Economy
Posted on:
Egyptian Minister of Social Solidarity Meets with Alexandria Businessmen Association
Egyptian Minister of Social Solidarity Dr. Maya Morsi met with Mohamed Hano, chairman of the Alexandria Businessmen Association, at the Ministry of Social Solidarity headquarters in New Alamein […]
Economy
Posted on:
IMF Postpones Disbursement of Fifth Loan Tranche to Egypt
The International Monetary Fund (IMF) has postponed the disbursement of Egypt’s fifth loan tranche, amounting to $1.2 billion, until the end of 2025. This delay comes amid disagreements […]
Economy
Posted on:
IMF Acknowledges Egypt’s Economic Progress With Reform Recommendations
International Monetary Fund (IMF) spokesperson Julie Kozak confirmed Egypt’s progress in its macroeconomic program while recommending deeper reforms including reduced state ownership. During her regular press briefing, Kozak […]
Economy
Posted on:
Egyptian Economic Analyst Discusses IMF Program Review Delay
Economist Hani Ginnena emphasized that the International Monetary Fund’s decision to merge Egypt’s fifth and sixth program reviews will not negatively impact the Egyptian economy. He noted that […]
Economy
Posted on:
Concerns Grow Over Integrity of U.S. Economic Data Collection
U.S. policymakers are expressing growing concerns about the reliability of key economic data that informs Federal Reserve decisions on interest rates and economic policy. Several factors are contributing […]