Economic
IMF Commends Saudi Arabia’s Economic Resilience and Reform Momentum
KSA - RiyadhThe International Monetary Fund (IMF) Executive Board has concluded its 2025 Article IV consultation with Saudi Arabia, praising the country's robust economic...
IMF Signals Progress in Egypt’s Economic for July 2025
Cairo, Egypt – July 31, 2025 Egypt's economy is navigating a complex landscape, as highlighted by the International Monetary Fund's (IMF) latest assessments. While the...
Bank of Canada Holds Rates Amidst Economic Slowdown
Ottawa, Canada – July 30, 2025 The Bank of Canada today announced it would maintain its target for the overnight rate at 2.75%, opting for...
IMF Upgrades Global Growth Forecasts Amidst Shifting Trade Landscape
London, UK – July 30, 2025 –The International Monetary Fund (IMF) today released its July 2025 World Economic Outlook Update, offering a cautiously...
US Stocks Reach New Heights as Investors Eye Critical Week Ahead
New York, USA – July 29, 2025 – Major US stock indexes concluded Monday's trading session with the S&P 500 and Nasdaq Composite both reaching...
Tech Giants Lead Market Gains
New York, USA – July 29, 2025 – Mega-cap technology stocks were largely on the ascendant today, driving the Nasdaq Composite to another record close,...
Oil Stocks Climb as Crude Prices Rise on EU Energy Investment Optimism
New York, USA – July 29, 2025 – Shares in major oil and gas companies advanced today as crude oil prices rose, driven by a...
US Existing Home Sales Slump to Nine-Month Low in June
Washington D.C. – July 28, 2025 – The U.S. housing market experienced a notable slowdown in June, with existing home sales falling by 2.7% to...
US and Japan Ink Triggering Market Surge and Massive Investment Pledge
Washington D.C. / Tokyo – July 28, 2025 – The United States and Japan today formally finalised a comprehensive trade agreement, effectively easing escalating economic...
AI Boom Fuels Record Electricity Costs on Largest U.S. Grid
Washington D.C. – July 28, 2025 – The price for electricity on the largest U.S. power grid has hit a new record high, with the...