THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
OPEC Oil Output Jumps in June as Gulf Exports Recover Ahead of a July Supply Decision
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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Euro Area Unemployment Holds at 6.2 Percent in May Near a Record Low
Unemployment in the euro area held at 6.2 percent in May 2026, unchanged from April and down from 6.3 percent a year…
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Egypt’s Exports to Its Trading Blocs Jump 16.8 Percent to US$54.4 Billion in 2025
Egypt's exports to the economic blocs it belongs to rose 16.8 percent in 2025 to 54.4 billion dollars, from 46.6 billion the…
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UAE Non-Oil Growth Slows to a Five Year Low in June but Stays in Expansion
Growth in the United Arab Emirates non-oil private sector slowed to its weakest in more than five years in June, though activity…
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Saudi Arabia Sets a 2 Percent Fee on Non-Saudi Property Disposals as It Opens Real Estate Wider
Saudi Arabia is opening property ownership to non-Saudis under executive regulations approved by the Council of Ministers on 23 June, with reporting…
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Egypt’s Second Tax Package Cuts Investor Friction and Supports Market Depth
Egypt has approved a second package of tax measures aimed at lowering costs for businesses, encouraging companies to list on the stock…
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250 Years of American Growth: From a $193 Million Colony to a $32 Trillion Republic
On 4 July 2026 the United States marks 250 years since the Declaration of Independence, and the economic distance travelled is difficult…
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Commodities Wrap 2 July: Precious Metals Extend Gains on Soft US Jobs Data as Palladium Jumps
Precious metals extended their rebound on Thursday after a weak US jobs report softened the dollar and reset rate expectations, while oil…
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Market Wrap US-Europe 2 July: Dow Hits a Record and Europe Rallies as Soft US Jobs Data Reset Rate Expectations
US stocks ended mixed while European markets rallied strongly on Thursday after a much weaker than expected US jobs report reduced expectations…
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US Job Growth Slows Sharply in June as Prior Months Are Revised Down
US employers added just 57,000 jobs in June, while the unemployment rate changed little at 4.2 percent, down from 4.3 percent in…
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Saudi Unemployment Falls Across the Board in the First Quarter
Saudi Arabia's unemployment rate fell in the first quarter of 2026, with the overall rate dropping to 3.1 percent and the rate…
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UAE Launches Its E-Invoicing Pilot Ahead of a Phased Mandatory Rollout
The United Arab Emirates began the pilot phase of its national electronic-invoicing system on 1 July, with voluntary participation by a selected…
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World Bank Lifts Jordan to Upper Middle Income as First Quarter Growth Accelerates
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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Saudi Foreign Reserves and Money Supply Strengthen in May
Saudi Arabia's foreign-currency reserves and money supply both rose over the past year through May, according to the latest monthly data from…
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UAE Cuts July Fuel Prices in a Favourable Signal for Inflation
The United Arab Emirates has cut retail fuel prices across every grade for July, a broad reduction that points to easing pressure…
Read more →Egypt’s New Budget Takes Effect With Higher Revenues, a Wage Rise and a Heavy Interest Bill
Egypt's state budget for fiscal year 2026/27 came into force on 1 July, targeting total revenues of about 4.1 trillion Egyptian pounds,…
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Market Wrap MENA-Asia 2 July: Chip Rout Hits Asia as Gulf Ends Mixed and Egypt Closes for a Holiday
Asian trading was dominated by a sharp selloff in technology and semiconductor shares on Thursday, while Gulf markets ended mixed to slightly…
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World Bank Approves a US$700 Million Loan to Support Private Investment and Jobs in Jordan
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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UAE Begins Emiratisation Contributions for Firms Missing Mid Year Targets
The United Arab Emirates has begun applying financial contributions to private-sector companies that failed to meet their first-half Emiratisation targets, turning the…
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Kuwait’s KIA Launches a US$4.25 Billion Loan for the Finance Ministry
The Kuwait Investment Authority, acting on behalf of the Ministry of Finance, has launched a US$4.25 billion syndicated term loan, marking a…
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USMCA Enters Annual Review Cycle as US Declines Straight 16 Year Renewal
The United States has declined to renew the United States Mexico Canada Agreement in its current form, shifting North America's core trade…
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Market Wrap US-Europe 1 July: Wall Street and Europe Slip to Start the Second Half as Warsh Keeps a Firm Line on Inflation
US and European stocks began the second half of the year mostly lower, as investors adjusted to a less supportive rate signal…
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Commodities Wrap 1 July: Precious Metals Rebound as Oil Drops Below US$70
Precious metals rebounded on the first trading day of the second half, led by silver and platinum, while crude oil fell sharply…
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Kuwait Holds Most Fuel Prices Steady and Lifts Only Premium 98 Octane, Keeping Costs Among the World’s Lowest
Kuwait kept most retail fuel prices unchanged for the third quarter and raised only the price of its premium 98 octane grade,…
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- Europe Market Wrap 19 October: All Nine Indices Fall as France’s Fiscal Worries Spread
- Europe Market Wrap 9 October: All Nine Indices Rise as Basic Resources Jump 2.99 Percent
- US Market Wrap 12 October: The Dow Alone Rises 0.38 Percent as the Nasdaq 100 Falls 0.71 Percent
- Asia Market Wrap 7 October: All Eight Indices Fall as Seoul Drops 1.98 Percent
- Europe Market Wrap 16 October: All Nine Indices Rise to Cap the Stoxx 600’s Best Week Since June