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International Organizations · May 15, 2026 · 2 min read
The IMF is monitoring how the Middle East conflict is feeding into energy costs, fertilizer shipments, and food security, just as Egypt…
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International Organizations · May 15, 2026 · 2 min read
The Iran war is disrupting one of the market's usual relationships: oil and the US dollar are rising together.Normally, a stronger dollar…
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International Organizations · May 13, 2026 · 2 min read
President Abdel Fattah el-Sisi's meeting with IMF Managing Director Kristalina Georgieva in Nairobi comes at a critical moment for Egypt's reform program,…
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European Union countries expect the 75 million barrels still unreleased from the International Energy Agency’s March action to count toward the 100 million barrels the Group of Seven agreed on 2 October, 2 EU diplomats told Reuters on 7 October, as the agency’s members and the EU’s oil coordination group met to discuss the plan….
Kristalina Georgieva, the International Monetary Fund’s managing director, said on 7 October that the world economy faces 3 major crosscurrents: the rapid arrival of AI, persistently high energy prices and record levels of public debt. Speaking in Singapore ahead of the fund’s Annual Meetings with the World Bank in Bangkok next week, she said AI,…
East Asia and Pacific is projected to grow 4.5 percent in 2026, while oil importing economies in the Middle East, North Africa, Afghanistan and Pakistan (MENAAP) are set to accelerate to 4.3 percent from 3.9 percent in 2025, the World Bank said in 2 regional updates published on 6 October. On our calculation, that puts…
UAE banks raised their US dollar debt issuance by 43 percent year on year in the first 9 months of 2026, and Fitch Ratings expects gross dollar issuance by GCC banks to recover to 70 billion to 80 billion dollars in 2027, supported by pent-up supply and a sharp rebound in non-oil growth. On our…
Seven OPEC+ producers including Saudi Arabia and Russia agreed on Sunday to keep their November crude output at September levels, the second straight month without a change after a 188,000 barrel a day adjustment from their April 2023 additional voluntary adjustments took effect in September, OPEC said in a statement. Required production across the seven…
The United Arab Emirates rose five places to 25th in the 2026 Global Innovation Index, entering the top 25 of 139 economies, while Kuwait climbed 11 places to 62nd and Jordan moved up five to 60th, according to the World Intellectual Property Organization. All six Gulf Cooperation Council economies now rank inside the top 70,…
The International Monetary Fund’s Executive Board has concluded the 2026 Comprehensive Surveillance Review, the first comprehensive review of how the Fund monitors its members’ economies since May 2021, setting strengthening members’ resilience to shocks as its overarching goal, the Fund said on 2 October. The Board concluded the review on 17 September. It sets 3…
G7 leaders agreed on 2 October to release 100 million barrels in a coordinated action through the International Energy Agency. The release starts immediately and runs over 4 months, with a substantial diesel release front-loaded into the first 20 days by G7 members and partners. On our calculation, that is a notional average of about…
Fuel subsidies could cost governments more than 1 trillion dollars this year, according to a United Nations Development Programme report released on 2 October and reported by Bloomberg, as the number of countries using relief measures nearly doubled between April and September. Without those measures, an additional 130 million people could have fallen below the…
The International Monetary Fund envisages completing the final review of Egypt’s Extended Fund Facility (EFF) together with the third review of its Resilience and Sustainability Facility (RSF) in the fourth quarter of 2026, which would make about 2.3 billion dollars available to Egypt, Julie Kozack, Director of its Communications Department, said at a press briefing…