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Category: Economy

By Rian LordIn Economy, NewsPosted July 1, 2026

Jordan Industrial Exports Climb 9.1% to Record JD2.8 Billion

Jordan's industrial exports climbed 9.1% to JD2.808 billion through April 2026. Mining led the sub-sector gains; Switzerland led the destinations.

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By Rian LordIn Economy, NewsPosted July 1, 2026

From a Single Line to a Network: IMEC’s Real Hedge Play

IMEC reframed as a four-node corridor network could reroute 60 percent of Strait of Hormuz container traffic and carry $331 billion in trade.

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By Rian LordIn Economy, NewsPosted July 1, 2026

Egypt’s First Mineral Survey in 42 Years Takes to the Air

Egypt signed Spain's Xcalibur for its first nationwide airborne mineral survey in 42 years, covering six zones as Cairo pushes mining from 1% to 6%...

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By Rian LordIn Economy, NewsPosted June 29, 2026

Egyptian Pound Holds Firm as Dollar Eases at Sunday Close

Egypt's pound closed steady against the dollar on Sunday. Fitch holds Egypt at 'B' with a Stable Outlook as the IIF projects debt falling to...

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By Rian LordIn Economy, NewsPosted June 29, 2026

Egypt Lists Four State Firms in 30-Company Privatization Push

Egypt listed four state-owned companies Sunday, pushing its 30-company privatization programme to 20 of 30. The sales are tied to the IMF's $8 billion loan...

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By Rian LordIn Economy, NewsPosted June 26, 2026

Iraq Warns OPEC It May Leave Over Oil Quota Dispute

Iraq warned OPEC it may quit if its oil quota stays low, as its May output collapsed to 1.48 million bpd, far below its 4.378...

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By Rian LordIn Economy, NewsPosted June 16, 2026

Saudi Housing Sales Halve in Q1 2026, but Demand Holds Firm

Knight Frank says Saudi housing transactions fell 50% in Q1 2026 as the Iran war spooked buyers, but prices kept rising and long-term demand held...

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By Rian LordIn Economy, NewsPosted June 15, 2026

Jordan Real Estate Trading Falls 5% in First Five Months of 2026

Jordan real estate trading volume fell 5% to JD 2.458 billion in the first five months of 2026, with apartment sales to non-Jordanians rising 6%...

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By Rian LordIn Economy, WorldPosted June 15, 2026

Egypt and Azerbaijan Step Up Cooperation Ahead of Baku Summits

Egypt's planning minister and Azerbaijan's ambassador shaped a new cooperation phase, days before Baku hosts the IsDB annual meetings and OIC summit.

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By Rian LordIn Economy, NewsPosted June 10, 2026

How the Iran War Is Reshaping Egypt’s Everyday Economy

The Iran war has lifted Egyptian fuel prices up to 30%, pushed urban inflation to 15.2%, and cut Suez Canal revenue by $10 billion since...

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By Rian LordIn Economy, NewsPosted June 7, 2026

Egypt’s Growth at Risk as AfDB Flags Four Revenue Channels

Egypt risks losing up to 2.5 GDP points from geopolitical pressure on Suez Canal revenues, tourism, and remittances, per the AfDB's 2026 outlook.

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By Rian LordIn Economy, NewsPosted June 5, 2026

Egypt’s Cabinet Approves Four Petroleum Concessions, $52.97M Committed

Egypt approved four petroleum concession agreements on June 4, committing $52.97 million across Mediterranean and inland blocks with six wells pledged as IOC arrears near...

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By Rian LordIn Economy, NewsPosted June 3, 2026

Egypt Ships Its First Watermelons to Europe Through Austria

Egypt shipped its first watermelon containers to Europe this season, starting in Austria with three a week, as exporters chase a market led by Morocco...

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By Rian LordIn Economy, NewsPosted June 2, 2026

1 in 3 Israeli Workers Earn Less as War Strain Climbs Upward

About one in three Israeli workers is now earning less than before the country's wars began, and the financial damage is no longer confined to...

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By Rian LordIn Economy, NewsPosted June 2, 2026

Saudi Arabia Enforces 70% Procurement Saudization From May 31

Saudi Arabia began enforcing a 70 percent Saudization requirement across 12 procurement professions on Sunday, May 31, one of the steepest localization quotas the Kingdom...

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By Rian LordIn Economy, NewsPosted June 1, 2026

Jordan Cut Fuel Prices in June but the Tax Floor Held Firm

Jordan's Fuel Pricing Committee cut pump prices for June 2026, dropping 90-octane gasoline to 0.915 dinars a litre (about $1.29) from one dinar in May,...

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