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The latest verified economic news, official data and analysis on International Organizations, from The Edge for Economic Consultancy.
Egypt · Jun 10, 2026 · 4 min read
Egypt's annual inflation rate eased to 13.0 percent in May 2026 from 13.4 percent in April, according to data released today by…
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IEA · Jun 9, 2026 · 6 min read
Kuwait's reported offer of crude cargoes to Asian refiners marks an important but still cautious signal for Gulf energy markets. Market reporting…
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Global · Jun 9, 2026 · 7 min read
The U.S. trade deficit narrowed modestly in April 2026, but the underlying data reveal a more important shift in the structure of…
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IMF · Jun 9, 2026 · 6 min read
Saudi Arabia's economy maintained positive momentum in the first quarter of 2026, with real gross domestic product growing by 2.8% compared with…
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EU · Jun 8, 2026 · 6 min read
Shrinkflation has become one of the most visible consumer price issues of the post-pandemic inflation cycle. The term refers to a commercial…
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Geopolitics · Jun 8, 2026 · 6 min read
Oil prices surged sharply on Monday as renewed tensions in the Middle East revived fears of potential disruption to global energy flows…
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International Organizations · Jun 7, 2026 · 5 min read
Seven key OPEC+ producers have agreed to raise their oil production target by a combined 188,000 barrels per day starting in July…
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Egypt · Jun 7, 2026 · 4 min read
Egypt's net international reserves increased to a record US$53.134 billion at the end of May 2026, according to official data released by…
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China · Jun 5, 2026 · 6 min read
China's crude oil buying has slowed sharply, creating an unusual stabilizing effect for global oil markets at a time of major disruption…
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Egypt · Jun 5, 2026 · 6 min read
PM Madbouly signals no new IMF program needed after current arrangement ends in December 2026. Remittances +32.2% to USD 34.9 bn, tax…
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Energy & Commodities · Jun 4, 2026 · 7 min read
Kuwait Petroleum Corporation signals crude production could recover to nearly 70% of normal levels within 6–8 weeks of the Strait of Hormuz…
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Energy & Commodities · Jun 4, 2026 · 6 min read
Iron ore trades near USD 103/t after a 4% monthly drop as Chinese property investment fell 13.7% YoY and global crude steel…
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Libya’s crude oil production has climbed to about 1.44 million barrels a day, its highest level since 2013, the National Oil Corporation said, as the OPEC member presses ahead with efforts to rebuild an energy sector that remains the backbone of its economy. The NOC said crude output reached 1,438,560 barrels on the morning of…
Egypt has unveiled the draft of a more ambitious second edition of its State Ownership Policy, the framework that defines where the state will stay invested in the economy and where it will step back for private capital. Presented by the government on 17 June 2026 under the theme “Deepening Reform and Maximizing Impact 2026–2030,”…
OPEC and the International Energy Agency have collided publicly over the direction of the oil market, with OPEC Secretary-General Haitham Al Ghais dismissing the IEA’s forecast of a looming supply glut as premature and not grounded in “facts and figures,” in an unusually open disagreement between the two most influential voices in global energy. Speaking…
OPEC reaffirmed its long-held view that there is no peak in oil demand on the horizon, raising its long-term forecast as it launched the 20th edition of its flagship World Oil Outlook on 18 June 2026. The report projects that global oil demand will keep growing for decades, reaching 124.1 million barrels per day (mb/d)…
The global economy is so far absorbing the shock of the conflict in the Middle East without tipping into a slowdown, but the risks remain elevated and uneven, IMF Managing Director Kristalina Georgieva said in a blog published on 15 June 2026. More than three months into the war, she wrote, commodity prices, inflation and…
The International Energy Agency sharply lowered its 2026 oil demand and supply forecasts in its June Oil Market Report, published on 17 June 2026, describing a market in the process of swinging from an acute wartime shortage toward a sizeable surplus by 2027. The report, which extended its forecast horizon to 2027 because of the…
The IMF expects Oman’s economy to grow by around 3.7% in 2026, supported by higher oil production, stronger fiscal balances, and a current account surplus, while non-hydrocarbon activity faces temporary pressure from regional conflict.
The International Monetary Fund said on 15 June 2026 that the global economy is weathering the shock from regional tensions in the Middle East so far, but cautioned that the apparent stability is no reason for complacency while energy supplies and damaged infrastructure take time to recover. The assessment came in a blog by IMF…
The World Bank expects global growth to slow to 2.5% in 2026, its weakest pace since the onset of the COVID-19 pandemic, as the conflict in the Middle East drives up energy prices, inflation, and borrowing costs. The forecast, in the Group’s June 2026 Global Economic Prospects report, marks a downgrade for two-thirds of the…
How the Biggest Tournament in Football History Is Changing the Business Model of Mega Sporting Events The FIFA World Cup has always been more than a football tournament. It is a global media asset, a tourism catalyst, a political stage, and one of the most powerful commercial properties in sport. But the 2026 edition, hosted…