Egypt’s net international reserves reached a provisional $55.0723 billion at the end of June 2026. The total exceeded $55 billion for the first time and marked a record high. The Central Bank of Egypt announced...
Tag : economic indicators
Japan core machinery orders rose 8.7% in April from the previous month, government data showed, marking a strong rebound in a key measure of private-sector equipment demand. The seasonally adjusted value of core orders reached...
Egypt’s economy grew 5.2% in the first nine months of fiscal year 2025/2026, covering July 2025 through March 2026. The Ministry of Planning, Economic Development and International Cooperation reported the rate in its latest update on Egypt...
TOKYO: Japan posted a current account surplus of 3.93 trillion yen, or about $24.8 billion, in February, as strong returns on overseas investments helped offset softer trade-related gains and a continued shortfall in services. Preliminary balance of...
Global cryptocurrency markets and technology stocks experienced sharp declines on January 7, 2025, as stronger-than-expected economic data dampened investor expectations for near-term interest rate cuts by the U.S. Federal Reserve. According to data from Arab...
U.S. Treasury yields edged higher early Wednesday as investors awaited key labor market data and the release of minutes from the Federal Reserve’s December meeting. Markets closely monitored these developments for signals about future monetary...
MENA Newswire News Desk: The International Air Transport Association (IATA) reported a significant 9.4% growth in global air cargo demand for September 2024 compared to the same month last year, marking a sustained trend of...
Cryptocurrency markets have once again shown resilience as Bitcoin crossed the $60,000 threshold, highlighting a significant recovery from the sharp declines earlier this week. The digital currency surged 11% to settle at $61,232.36 on Thursday,...
Bitcoin's resurgence has been notably marked by a nearly 8% surge on Friday, buoyed by softer-than-expected U.S. job data and dovish indications from the Federal Reserve, sparking renewed interest among cryptocurrency investors. During Friday morning...
The resilience of consumer spending in 2023, in the face of persistent inflation and heightened interest rates, has been a notable economic phenomenon. However, Jack Kleinhenz, the Chief Economist at the National Retail Federation (NRF),...