News

Egypt cut interest rates for the first time in almost five years, potentially spurring investment key to an economic rebound ...
Egypt’s Suez Canal revenue fell nearly two-thirds in 2024 due to rising regional tensions and conflicts that disrupted vital maritime traffic.
The recovery marks an improvement from last year’s 2.3% growth rate, driven by tourism, ICT and non-oil manufacturing.
Economic ties between Egypt and France gained momentum in 2024, as trade between the two nations expanded to $2.9 billion—up ...
Jordan risks a sharper economic slowdown this year, as the kingdom is the most dependent on US exports among Middle East and ...
JPMorgan estimated that the economic downturn in the US would reduce hiring and push the unemployment rate to 5.3%. (Reuters pic) JPMorgan Chase & Co said it expects the US economy to fall into a ...
The weakest economic performance is expected to be concentrated in the middle of the year, with contractions predicted for both the third and fourth quarters. This outlook is partly based on the ...
Investing.com -- On Friday, JPMorgan Chase (NYSE:JPM) Bank's Chief U.S. Economist, Michael Feroli, revised the bank's economic outlook sharply downwards in light of recent tariff announcements by ...
While sentiment isn’t a solid predictor of economic contractions, stock market crashes can be, and Wednesday’s tariff announcement has already resulted in a substantial downward movement in ...
The stabilization of the Egyptian pound against the US dollar was cited as a key factor in mitigating inflation ...
Egypt's non-oil private sector slipped into contraction in March, marking the first downturn of 2025 as demand weakened, S&P Global reported on Thursday.