Mohamed Mahmoud Abdel-Rahim, an economic expert, highlighted that the disappearance of the informal foreign exchange market has been a major contributor to the recent decline in Egypt’s inflation […]
Economy
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Prime Minister Reviews Coordination Between Fiscal and Monetary Policies to Boost Economic Activity
Dr. Mostafa Madbouly, Prime Minister of Egypt, held an evening meeting at the government headquarters in the new capital to review ongoing efforts in aligning fiscal and monetary […]
Economy
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AI Investments to Drive Long-Term Global Economic Growth, OECD Says
Investment in artificial intelligence is expected to continue rising, providing a significant boost to the global economy over the long term, according to OECD Secretary-General Mathias Cormann. The […]
Economy
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Egypt Hosts 50th Session of D-8 Organization for Economic Cooperation Commissioners’ Council
Egypt is set to host the 50th session of the Commissioners’ Council of the D-8 Organization for Economic Cooperation, a forum aimed at enhancing economic collaboration among eight […]
Markets
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Economic Calendar: U.S. Labor Market Data and Preliminary PMI Reports
Today’s macroeconomic agenda is packed with key data releases. In the morning, preliminary December Purchasing Managers’ Index (PMI) reports from Europe will be published. Due to the holiday […]
Economy
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National Women’s Council Highlights ‘Tahweesha’ Initiative Empowering Rural Women Economically
Nermin Mahmoud, rapporteur of the National Women’s Council branch in Beni Suef, emphasized that the “Tahweesha” initiative is a key presidential program implemented under the “Decent Life” project, […]
Economy
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HSBC Economists Highlight Global Economic Shifts and Egypt’s Economic Recovery Path
Simon Williams, HSBC’s chief economist for Central and Eastern Europe, the Middle East, and Africa, stated that if Egypt successfully implements structural reforms, it could achieve an 8% […]
Economy
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Sudan’s Currency Collapse Reflects Deepening Economic Crisis
The Sudanese pound is no longer just a medium of exchange—it has become a symbol of a collapsing economy ravaged by war. Since the outbreak of conflict between […]
Economy
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China’s Economic Statecraft and Its Limits in the Global South
The concept of “economic statecraft” refers to how nations use trade, investment, finance, and supply chains to advance broader political and strategic goals beyond mere economic growth. In […]
Economy
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Abilene’s Biscuit Bar shuts down amid inflation and economic strain
The Biscuit Bar, a restaurant located on North Judge Ely Boulevard in Abilene’s Allen Ridge neighborhood, has permanently closed due to rising operational costs and economic instability. The […]