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Category: Economy

By Emma JohnsonIn Economy, NewsPosted March 26, 2024

Egypt’s Dilemma: The IMF Loan and the Deepening Cost of Living Crisis

In the wake of securing a substantial loan from the International Monetary Fund (IMF), Egypt faces a deepening cost of living crisis, casting a shadow...

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By Rian LordIn Economy, NewsPosted March 25, 2024

Egypt’s Economic Outlook: A Date with the IMF Executive Board

Egypt’s economic future is set to take center stage as the country is listed on the IMF Executive Board’s calendar for March 29. This pivotal...

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By Rian LordIn Economy, NewsPosted March 25, 2024

Record-Breaking Ramadan: Saudi Arabia’s Retail Triumph

As the holy month of Ramadan commenced, Saudi Arabia witnessed a remarkable surge in consumer spending, shattering records with sales exceeding SAR 116 billion in...

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By Ava WilliamsIn Economy, Finance, NewsPosted March 20, 2024

Egypt’s Economic Horizon: S&P’s Outlook Shift from Positive to Stable

In a significant development for Egypt’s economic landscape, Standard & Poor’s has adjusted the nation’s economic outlook. This change reflects a nuanced analysis of the...

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By Noah MillerIn Economy, NewsPosted March 15, 2024

Egypt’s Currency Confidence: Dollar Demand Dips as Economy Stabilizes

In a recent statement that has resonated through the financial corridors of Egypt, the central bank governor has indicated a decline in the demand for...

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By David SmithIn Economy, NewsPosted March 15, 2024

A Historic Leap: Non-Oil Sectors Fuel Half of Saudi Arabia’s GDP

In an unprecedented economic shift, Saudi Arabia’s non-oil sectors have surged to contribute 50% of the nation’s Gross Domestic Product (GDP) in 2023. This landmark...

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