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IMF · Jul 7, 2026 · 4 min read
Algeria's economy is projected to keep growing at a robust pace of about 3.8 percent in 2026, the International Monetary Fund said…
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Global · Jul 7, 2026 · 5 min read
Consumer price inflation across the OECD rose to 4.6 percent in the year to May, up from 4.4 percent in April, as…
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Energy & Commodities · Jul 7, 2026 · 4 min read
Kuwait's oil production is set to reach 2.660 million barrels a day in August under the latest OPEC+ agreement, Oil Minister Tareq…
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Energy & Commodities · Jul 4, 2026 · 5 min read
OPEC crude oil output rose sharply in June as Gulf producers restored shipments and shipping through the Strait of Hormuz returned to…
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Jordan · Jul 2, 2026 · 5 min read
The World Bank has reclassified Jordan as an upper-middle-income economy in its annual income classifications effective 1 July, a milestone that coincides…
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Jordan · Jul 2, 2026 · 3 min read
The World Bank's Board of Executive Directors has approved a US$700 million loan for Jordan to help convert macroeconomic stability into stronger…
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Egypt · Jun 30, 2026 · 6 min read
Egypt has reached a staff-level agreement with the International Monetary Fund on the seventh review of its Extended Fund Facility arrangement and…
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Egypt · Jun 28, 2026 · 4 min read
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…
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Global · Jun 28, 2026 · 4 min read
The Bank for International Settlements has warned, in its Annual Economic Report 2026, that record-high public debt has created a new fiscal-financial…
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Global · Jun 27, 2026 · 4 min read
The artificial intelligence boom could add to inflation through more channels than the cost of advanced chips, according to IMF chief economist…
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Global · Jun 27, 2026 · 4 min read
S&P Global Ratings has affirmed the United States' long-term sovereign credit rating at AA+ and its short-term rating at A-1+, with a…
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Egypt · Jun 26, 2026 · 4 min read
The global economy is absorbing the shock from heightened regional tensions without tipping into a broad slowdown so far, the International Monetary…
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Labour markets across advanced economies remain robust but pay is failing to keep pace, the OECD said in its Employment Outlook 2026, published on 7 July under the theme Geographic Disparities in Jobs and Incomes. The organisation reported that unemployment across its member countries held at 4.9 percent in May, close to record lows, even…
The International Monetary Fund cut its forecast for global growth this year to 3.0 percent and lifted its inflation projection, in a World Economic Outlook Update published on 8 July that portrays a world economy caught between two opposing forces. The Fund titled the update Global Economy in Crosscurrents of War and Technology, describing a…
China’s economic growth is projected to slow to 4.4 percent in 2026 and ease further to 4.3 percent in 2027, the World Bank said in its latest China Economic Update, as the shift away from investment and exports toward household consumption proceeds only gradually. The report, titled Rebalancing Growth, described an economy that stayed resilient…
Egypt’s net international reserves rose to a record US$55.07 billion at the end of June, the Central Bank of Egypt reported, in the largest monthly increase of an uninterrupted run of reserve gains that has continued across 2026. The figure, at US$55,072.3 million on a provisional basis, was up about US$1.94 billion, or 3.65 percent,…
Algeria’s economy is projected to keep growing at a robust pace of about 3.8 percent in 2026, the International Monetary Fund said at the conclusion of its annual Article IV mission, while calling for a sizable fiscal consolidation to rebuild the buffers that have been drawn down over the past two years. The findings come…
Consumer price inflation across the OECD rose to 4.6 percent in the year to May, up from 4.4 percent in April, as a renewed climb in energy costs offset easing food prices, the Organisation for Economic Co-operation and Development reported. The uptick came as the OECD launched its annual Employment Outlook, which warned that labour…
Kuwait’s oil production is set to reach 2.660 million barrels a day in August under the latest OPEC+ agreement, Oil Minister Tareq Al-Roumi said after the group’s meeting on Sunday, capping one of the fastest output recoveries among the producers and giving fresh momentum to a sector that has just received its first comprehensive legal…
OPEC crude oil output rose sharply in June as Gulf producers restored shipments and shipping through the Strait of Hormuz returned to normal, according to a Reuters survey, setting the stage for a meeting of seven producers on 5 July to decide August supply. The rebound reflects the unwinding of a risk premium that had…
The World Bank has reclassified Jordan as an upper-middle-income economy in its annual income classifications effective 1 July, a milestone that coincides with a pickup in Jordanian growth to 2.9 percent in the first quarter of 2026. It is a rare category change: Jordan was one of only five economies worldwide to move up from…
The World Bank’s Board of Executive Directors has approved a US$700 million loan for Jordan to help convert macroeconomic stability into stronger private investment, faster growth and more jobs, the second operation in a programmatic reform series. The financing, the Jordan Growth and Competitiveness Development Policy Financing II, supports government reforms aimed at improving the…