The Office for Budget Responsibility (OBR) has updated its economic and fiscal projections through 2030–31, incorporating data and policy changes following the November 2025 Autumn Budget. Real GDP […]
Economy
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World Bank Upgrades Kenya’s Growth Outlook Amid Sector Recovery
The World Bank has revised its economic growth projection for Kenya upward, citing a quicker-than-anticipated rebound in the construction industry. As the largest economy in East Africa, Kenya […]
Banks
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Philadelphia Fed Marks 80 Years of Engagement with Community Banks
The Federal Reserve Bank of Philadelphia is celebrating eight decades of collaboration with community banks through its Field Meeting Series. Launched in 1945, the initiative was designed to […]
Economy
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Mixed Retail and Producer Trends Mark September Economic Activity
In September, retail sales edged up by 0.2%, reflecting uneven performance across sectors. Notable increases were observed at gas stations—driven by rising fuel costs—as well as in health […]
Economy
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UK Fiscal Watchdog’s Early Budget Preview Undermines Reeves’ Planned Announcement
The UK’s fiscal watchdog has released its budget assessment earlier than expected, overshadowing Chancellor Rachel Reeves’ scheduled economic statement. The move has drawn attention away from her planned […]
Markets
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Stocks Gain on Dovish U.S. Economic Data, Boosting Fed Rate Cut Bets
On Tuesday, U.S. equity benchmarks finished higher after early declines, supported by softer economic indicators that strengthened expectations for a Federal Reserve interest rate reduction in December. The […]
Economy
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On His Birthday: Key Moments in the Life of Talaat Harb, Egypt’s Architect of Economic Independence and Cultural Revival
Marking his birthday, this article highlights pivotal moments in the life of Talaat Harb, a visionary figure widely recognized for laying the foundations of Egypt’s economic sovereignty and […]
Uncategorized
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An Economical Alternative to Tuk-Tuks: A New Vehicle That Travels 550 Kilometers on a Single Fill-Up
Demand is growing for replacing traditional tuk-tuks with a new urban vehicle, according to recent statements by the governor of Giza. He revealed that over 64 applications have […]
Economy
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China Accounts for Half of $11.6 Billion Invested in Suez Canal Economic Zone
The Suez Canal Economic Zone has attracted a total of \$11.6 billion in investments, with Chinese entities contributing approximately half of the total amount. This significant inflow highlights […]
Markets
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Egyptian Pound Enters Phase of Stability, Says Economic Expert
Financial markets expert Tarek Essawy stated that Egypt’s economy is currently experiencing a phase of “calculated stability” in terms of exchange rates and cash flows, following a year […]