MENA Watch: Inflation-hit Egypt sells off its historic hotels amid austerity measures
Recently, Emirati investors bought Egyptian buildings and firms, notably the USD 200...
Inflation
Saudi growth to rebound to 3.3% in 2024: Deutsche Bank
According to the Deutsche Bank report, the oil industry continues to significantly...
Bank of Japan abolishes negative interest rates & unconventional economic policies
The Bank of Japan set the overnight call rate as its new...
How Egypt’s inflation will stand after currency devaluation? Study gives a sneak peek
Since December, the value of the Egyptian pound has significantly dropped on...
MENA Watch: Will Egypt’s IMF bailout be enough?
Egypt's Ministry of Finance cut its budget for utility subsidies to meet...
Here is what Federal Reserve Chairman has to say about rate cut, US debt
Although the Federal Reserve stated at the time that risks to achieving...
MENA Watch: Geopolitics pulls Lebanon back into economic doldrums
Many of Lebanon's leaders had been relying on travel and remittances to...
MENA Watch: Region faces bleak outlook due to war and economic turmoil
A recent note from IMF staff stated that the Fund is cutting...
Economy faces uncertainty amid war
Exchange rates, commodities prices, and stock market indices are all significantly impacted...
UK retail sector in recession?
While 2023’s growth will be lower than 2022’s, the forecast is above...