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economy
Africa
Egypt’s finance minister prioritizes inflation reduction, job creation in economic reform agenda
Egypt further plans to sell more state assets, which would reduce the state's role in the economy.
Economy
IMF raises global growth forecast to 3.2 percent, lifts outlook for UAE, Saudi Arabia
The 2024 figure represents a 0.1 percentage point increase from the previous World Economic Outlook report in January
Markets
U.S. dollar surges to 5-month high as retail sales beat expectations
U.S. retail sales data released on Monday showed a 0.7 percent increase last month
Economy
U.K. unemployment rate hits 6-month high of 4.2 percent, exceeding expectations
The unemployment rate in the country stood at 3.9 percent in the three months to January
Economy
Inflation in Germany eases to 2.2 percent in March, lowest since June 2021
The consumer prices increased by 2.7 percent year-on-year in February 2023
Asia
Japanese yen plunges to 34-year low amid dovish BoJ outlook
The yen weanked past the 154 range vs dollar
Economy
Inflation in France slows to lowest point since 2021, records 3.2 percent in March
Driven by lower growth in the prices of food, services, tobacco, energy, and manufactured products
Economy
Portugal’s government forecasts 1.5 percent economic growth for 2024
The country’s economic growth estimates align with the state budget, slightly lower than election promises
Markets
Oil prices climb on China’s economic growth, Middle East tensions
Brent crude futures for June delivery gained 48 cents, or 0.5 percent, settling at $90.58 per barrel
Banking & Finance
The World Bank: MENA can be an engine for change, partner for sustainable future
Region must tackle important structural reform agenda to ensure peace and stability
Economy
Oil and beyond: The Middle East economies’ path to new horizons
Region expected to grow by less than 3 percent in 2024
Economy
The growing importance of procurement and supply chain in today’s economy
Moving into an era of transformation after a decade of innovation, risk mitigation and sustainability
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