Global Archives - Page 29 of 44 - The Edge for Economic Consultancy

Global | Macro | Markets | Saudi Arabia

Saudi Services Exports Rise 7.9 Percent in the First Quarter as Travel Strengthens Non-Oil Earnings
June 29, 2026August 15, 2026

Saudi Arabia’s services exports rose 7.9 percent quarter on quarter to 71.3 billion riyals in the first quarter of 2026, supported by strong travel receipts and the continued expansion of the Kingdom’s non-oil external earnings, according to the General Authority for Statistics. Exports increased from 66.1 billion riyals in the fourth quarter of 2025, while…

Read More Saudi Services Exports Rise 7.9 Percent in the First Quarter as Travel Strengthens Non-Oil Earnings
EU | Global | Macro | Markets

Euro-Area Money Supply Growth Picks Up in May as Company Lending Hits a Three-Year High
June 29, 2026August 15, 2026

Euro-area money and credit growth strengthened in May, adding to evidence that liquidity conditions are gradually firming across the bloc. The broad monetary aggregate M3 rose 3.2 percent year on year, up from 2.7 percent in April, while bank lending to companies accelerated to its fastest pace in around three years, according to European Central…

Read More Euro-Area Money Supply Growth Picks Up in May as Company Lending Hits a Three-Year High
Global | Macro | Markets | UK

Britain’s Next Prime Minister Faces a Narrow Corridor: Low Growth, High Debt, Fragile Inflation
June 29, 2026August 15, 2026

Britain’s next prime minister will inherit an economy that is no longer in acute crisis, but remains boxed in by weak trend growth, high debt, elevated tax pressure, fragile inflation dynamics and a labour market that is cooling. With Keir Starmer’s announced resignation, attention has shifted to the inheritance facing his successor. Andy Burnham is…

Read More Britain’s Next Prime Minister Faces a Narrow Corridor: Low Growth, High Debt, Fragile Inflation
Global | Jordan | Macro | Markets | Middle East

Jordan Launches a 35 Million Euro Programme to Support 370 Industrial SMEs and Lift Competitiveness
June 29, 2026August 15, 2026

Jordan has launched a 35 million euro programme to strengthen its industrial sector and support small businesses, in a fresh push to turn manufacturing into a bigger engine of growth and exports. The Ministry of Industry, Trade and Supply unveiled the “Leadership in Industry” programme on Sunday, funded by the German government and delivered through…

Read More Jordan Launches a 35 Million Euro Programme to Support 370 Industrial SMEs and Lift Competitiveness
China | Global | Macro | Markets

China’s Central Bank Adds an Overnight Lending Tool as It Moves Toward a Fed-Style Rate Framework
June 29, 2026August 15, 2026

China’s central bank is adding an overnight tenor to its open-market operations, a technical but significant step in a multi-year effort to reshape how it steers short-term borrowing costs. The People’s Bank of China said it will conduct overnight reverse repurchase operations on 29 and 30 June, introducing a dedicated tool to influence the cost…

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Egypt | Global | Macro | Markets | Middle East

Markets Wrap: Gulf and Egypt Open the Week Mixed as Regional Tensions Return to Focus
June 29, 2026August 15, 2026

Gulf and Egyptian markets opened the week on a mixed note on Sunday, with gains in Oman, Bahrain and Qatar offset by softer trading in Saudi Arabia, Kuwait and Egypt. The regional picture followed a cautious global close on Friday, when Wall Street ended little changed, European equities weakened and Asian markets posted the sharpest…

Read More Markets Wrap: Gulf and Egypt Open the Week Mixed as Regional Tensions Return to Focus
Egypt | Global | IMF | International Organizations | Macro | Markets

Egypt Pushes Its State-Asset Sales Forward as the EGX Lists More Companies and an IMF Tranche Comes Into View
June 28, 2026August 15, 2026

Egypt is accelerating its state-asset sale programme, listing more government-owned companies on the Egyptian Exchange and moving closer to unlocking about 1.6 billion dollars in international financing. The Egyptian Exchange has approved the temporary listing of four more state-owned companies under the government’s offering programme, and the exchange marked the step by ringing the trading…

Read More Egypt Pushes Its State-Asset Sales Forward as the EGX Lists More Companies and an IMF Tranche Comes Into View
Egypt | Global | Macro | Markets

Egypt’s Wage and Pension Increases Take Effect on 1 July as the New Budget Lifts Household Incomes
June 28, 2026August 15, 2026

Egypt’s package of wage and pension increases takes effect on 1 July, raising incomes for state employees and retirees as the new fiscal year begins and the government tries to protect living standards against several years of high inflation. A presidential decree issued on 24 June raises all standard pensions by 15 percent from 1…

Read More Egypt’s Wage and Pension Increases Take Effect on 1 July as the New Budget Lifts Household Incomes
Egypt | Global | Macro | Markets

Nassef Sawiris Moves to Take OCI Global Private at EUR 4.10 a Share as the Orascom Deadlock Drags On
June 28, 2026August 15, 2026

Nassef Sawiris has moved to take OCI Global private, offering shareholders a cash exit that could resolve a months-long governance and strategic dispute over one of the most prominent industrial groups founded by an Egyptian business family. OCI Global confirmed on 24 June that it had received a statement from NNS Holding (Cyprus) Limited, the…

Read More Nassef Sawiris Moves to Take OCI Global Private at EUR 4.10 a Share as the Orascom Deadlock Drags On
Global | International Organizations | Macro | Markets

BIS Warns That High Public Debt Has Created a New Fiscal-Financial Stability Nexus
June 28, 2026August 15, 2026

The Bank for International Settlements has warned, in its Annual Economic Report 2026, that record-high public debt has created a new fiscal-financial stability nexus in which risks can originate in, and spread through, government bond markets. The report from the institution often described as the central bank for central banks frames the year as one…

Read More BIS Warns That High Public Debt Has Created a New Fiscal-Financial Stability Nexus

UK Labour Market Cools as Job Vacancies Hit a Five-Year Low and Pay Growth Slows

Oil Holds Near US$80 as Gold and Silver Slide on Softer Haven Demand and Firmer Rate Expectations

Gulf Economies Climb IMD’s 2026 Competitiveness Ranking: UAE in the World’s Top Five, With Qatar, Saudi Arabia and Bahrain in the Top 20

GCC Economies Set to Contract in 2026 Before a Strong 8.1% Rebound in 2027, ICAEW Says

Bank of England Holds Rates at 3.75% in 7–2 Vote as Two Members Push for a Hike

OPEC Sees No Peak in Oil Demand, Lifts 2050 Forecast to 124.1 Million Barrels a Day in New World Oil Outlook

Commodities Slide as US–Iran Deal Deflates War Premium; Oil and Precious Metals Lead Losses

Japan’s Trade Balance Swings to a Deficit in May as a Weak Yen and AI-Linked Demand Lift Trade Values

Three GCC Central Banks Hold Interest Rates After US Federal Reserve Decision

IMF Says Global Economy Is Weathering the Middle East War Shock, but Stays on “High Alert”

Warsh Overhauls Fed Communications and Withholds His Own Forecast as Projections Hint at a 2026 Rate Hike

Bank of Japan Raises Rate to 1%, Its Highest Since 1995, and Signals More to Come

Saudi Services Exports Rise 7.9 Percent in the First Quarter as Travel Strengthens Non-Oil Earnings

Euro-Area Money Supply Growth Picks Up in May as Company Lending Hits a Three-Year High

Britain’s Next Prime Minister Faces a Narrow Corridor: Low Growth, High Debt, Fragile Inflation

Jordan Launches a 35 Million Euro Programme to Support 370 Industrial SMEs and Lift Competitiveness

China’s Central Bank Adds an Overnight Lending Tool as It Moves Toward a Fed-Style Rate Framework

Markets Wrap: Gulf and Egypt Open the Week Mixed as Regional Tensions Return to Focus

Egypt Pushes Its State-Asset Sales Forward as the EGX Lists More Companies and an IMF Tranche Comes Into View

Egypt’s Wage and Pension Increases Take Effect on 1 July as the New Budget Lifts Household Incomes

Nassef Sawiris Moves to Take OCI Global Private at EUR 4.10 a Share as the Orascom Deadlock Drags On

BIS Warns That High Public Debt Has Created a New Fiscal-Financial Stability Nexus