The European Central Bank (ECB) is preparing to cut interest rates for the eighth time as global trade disruptions weigh on inflation and economic growth. Analysts surveyed by […]
Economy
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US Economic Activity Declines Amid Tariff Pressures, Fed Reports
The U.S. Federal Reserve has reported a decline in economic activity, attributing the downturn to rising tariff rates that have increased costs and prices. According to the Fed’s […]
Economy
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Egypt Aims for 6% Economic Growth by 2029 Through Investment and Production Boost
According to the report, the real economic growth rate is projected to increase from 4% in the fiscal year 2024/2025 to 4.5% in 2025/2026, as part of the […]
Economy
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Trump’s Tax Plan: Economic Reform or Social Disaster?
Sky News Arabia – Abu Dhabi The non-partisan Congressional Budget Office (CBO) released an analysis stating that US President Donald Trump’s proposed tax bill would cut taxes by […]
Economy
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IMF and American University in Cairo Conclude First Economic Research Conference for MENA Region: Steering Macroeconomic and Structural Policies Amid Changing Global Economy
Cairo, June 4, 2025 – Following two days of high-level discussions and expert analyses, the first annual IMF economic research conference for the Middle East and North Africa […]
Economy
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Senate Finance Committee: Rising Investment Rates to Drive Economic Growth to 6% by End of 2028/2029 Plan
A report by the Senate Finance, Economic Affairs, and Investment Committee, chaired by MP Hany Seri El-Din, highlighted that the economic and social development plan for the fiscal […]
Economy
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Trump’s Hiring Freeze Affects Inflation Data Collection
Federal government staffing shortages, caused by the Trump administration’s hiring freeze, have led the Labor Department’s economic statistics arm to reduce the breadth of its data collection for […]
Economy
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Economic Activity in the U.S. Declines Amid Tariff Pressures: Fed’s Beige Book
The U.S. economic activity has shown a decline, with rising tariffs pushing up costs and prices since the Federal Reserve’s last rate decision, according to the central bank’s […]
Economy
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Lee Jae-myung Wins South Korean Presidency: Vows Economic Stimulus and Balanced Foreign Relations
In a landmark election, Lee Jae-myung secured the presidency of South Korea, marking a pivotal shift in the nation’s political landscape. The election saw record voter turnout, with […]
Economy
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Remittances Continue to Flow into Mexico Amid U.S. Economic Challenges
Despite the complex economic environment in the United States, remittances continue to flow into Mexico, providing crucial support to households and the broader economy. These financial inflows remain […]