Economy
The financing gap in Egypt will reach $7 billion in the current fiscal year
Event witnessed the participation of over 6,000 attendees from over 40 countries
Higher taxes might be imposed to prevent debt from skyrocketing
No lowering of the guard, Lagarde says
Rating highlights a negative real GDP growth of 2.6 percent in 2022
With overwhelming support of 57 votes in favor and only one vote against
Powell: Labor market is still constrained
FDI to boost various sectors including tourism, health and GreenTech
Economic diversification, innovation, resilience
Continued positive financial performance for GCC countries in the coming year
Fed unlikely to implement rate cuts early 2024
New fund aims to enhance financial stability and generate returns
Projected rise in annual inflation rate in the U.S.
Surging by $71 mn compared to last year's same period
Increased reserves and interest rates signal a new phase for Turkey
Commitment to enhancing trade cooperation, continuity of joint efforts emphasized
Sustained growth in new business also led to an acceleration in purchasing activity
Non-oil GDP grew by 5.9 percent in 2023
PMI recorded 57.5 in November
Strategic partnerships to strengthen UAE-China relations
Non-oil revenue and female labor force participation saw robust results
