Establishment of Business Council strengthens Saudi-Portuguese ties
The Saudi and Portuguese federations signed a memorandum of agreement in 2021,...
World Bank
Egyptian tourism revenues increase by 4.7% in 2024
Egypt regularly monitors the number of incoming tourists from key markets to...
World Bank greenlights USD 700 million financing package for Egypt
In March, the World Bank Group announced a three-year $6 billion programme...
MENA Watch: World Bank issues grim warning for region’s economy
The World Bank emphasised that to prevent additional debt accumulation, budgetary restraint...
Will Egypt’s economy bounce back? World Bank sounds pessimistic, minister differs
Egypt has also been actively seeking the sale of state assets to...
World witnessed global output loss of USD 3.3 trillion since pandemic: IMF chief Kristalina Georgieva
Kristalina Georgieva claims that since the global financial crisis, economic prospects have...
World Bank upgrades Saudi Arabia’s 2025 GDP growth projection to 5.9%
The World Bank report adjusted the UAE's GDP growth forecast to 3.9...
As IMF & World Bank come to Egypt’s rescue, country announces its next economic move
The European Union pledged approximately USD 8 billion in aid, loans, and...
MENA Watch: Region faces bleak outlook due to war and economic turmoil
A recent note from IMF staff stated that the Fund is cutting...
The ‘Renewable Revolution’ in Africa
Africa has a much higher potential for solar radiation than both North...