Turkish Minister Mehmet Şimşek praised the United Arab Emirates for its rapid development journey, describing it as a globally admired model achieved in a short time. He expressed […]
Economy
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Economic Expert Highlights Local Industry and Digitalization as Pillars for Investment Growth in Egypt
Dr. Ali Abdel-Hakim El-Tahawy, an economic expert, stated that Egypt is entering a new phase of economic transformation aimed at strengthening its position as a regional hub for […]
Economy
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Movie filmed in Baltimore generated $9 million in economic impact for Maryland, governor says
Governor Wes Moore announced that the film “They Fight,” shot in Baltimore, delivered a $9.4 million economic boost to Maryland. Filmed over nearly three weeks in October and […]
Economy
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Understanding and enhancing economic mobility in New Orleans
This report investigates intergenerational economic mobility in New Orleans using data from Opportunity Insights, focusing on two cohorts: children born between 1978 and 1982, and those born in […]
Economy
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Egypt and Bulgaria Explore Ways to Strengthen Economic and Investment Ties
Egypt’s Minister of Investment and Foreign Trade, Engineer Hassan Al-Khatib, held talks with Bulgarian counterpart Peter Dellov, Minister of Economy and Industry, alongside an accompanying delegation and Bulgarian […]
Economy
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Egypt Expected to Cut Interest Rates by 6% by 2026 Amid Forecast of 4.8% Economic Growth
Egypt is projected to reduce interest rates by 6 percentage points by 2026, according to economic forecasts that also anticipate a GDP growth rate of 4.8%. This expected […]
Economy
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Egypt Aims to Expand Economic Cooperation and Sustainable Growth with Germany, Says Foreign Minister
At the start of his visit to Berlin, Dr. Badr Abdelatty, Egypt’s Minister of Foreign Affairs and Expatriates, participated on Monday in a business forum attended by chairpersons […]
Markets
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Black Friday Spending Shows Consumer Resilience Amid Economic Uncertainty
Black Friday consumer spending increased compared to the previous year, signaling continued purchasing power despite rising living expenses and uncertainties in the labor market. Preliminary data suggests that […]
Economy
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Henrico Appoints Cari Tretina as New Economic Development Director
Cari Tretina, currently serving as Henrico County’s deputy county manager and chief of staff, will assume the role of executive director at the Henrico Economic Development Authority (EDA) […]
Markets
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Global Manufacturing Contraction Deepens as Major Economies Report Declines
New economic data released Monday revealed a broad weakening in manufacturing activity across the world’s largest economies—the United States, Europe, and Asia—driven by soft domestic demand and uncertainty […]