EconomyFeaturedIF Insights: Crises-ridden Egypt economy undertakes its much-needed course correctionIFM CorrespondentMay 16, 2024May 16, 2024 by IFM CorrespondentMay 16, 2024May 16, 2024 Egypt has a significant international debt as a result of President Abdel Fattah el-Sisi's borrowing binge... Read more
EconomyFeaturedTalks of ECB rate cut gather further strength as Eurozone inflation remains steadyIFM CorrespondentMay 7, 2024 by IFM CorrespondentMay 7, 2024 Closely watched services inflation has eased to 3.7%, after remaining stagnant at 4% since the year's beginning... Read more
EconomyFeaturedWe ended petrol subsidy to save Nigeria from bankruptcy: President Bola TinubuIFM CorrespondentMay 2, 2024May 1, 2024 by IFM CorrespondentMay 2, 2024May 1, 2024 President Bola Tinubu expressed his happiness over Nigeria's youthful population, which he believes is full of energy and determined to use technology and education to take control of their own destiny... Read more
EconomyExclusiveFeaturedThe ‘Tijara’ route of empowering Bahraini SMEsWebAdminApril 19, 2024 by WebAdminApril 19, 2024 Women entrepreneurs are catalysts for economic growth, and Bahrain acknowledges their critical role in the SME sector’s development... Read more
EconomyFeaturedEgypt’s inflation continues to increaseIFM CorrespondentApril 12, 2024 by IFM CorrespondentApril 12, 2024 Egypt’s headline inflation rate slowed to 33.3% y/y in March despite the near 40% fall in the pound’s official exchange rate last month... Read more
EconomyFeaturedDubai’s non-oil PMI touches new peak as country’s economic diversification acceleratesIFM CorrespondentMarch 25, 2024March 25, 2024 by IFM CorrespondentMarch 25, 2024March 25, 2024 Dubai's PMI was 56.6 in January 2024 as opposed to 57.7 in December and 56.8 in November 2023... Read more
EconomyFeaturedIF Insights: Economic downfall continues for Palestine as Gaza conflict rages onIFM CorrespondentMarch 21, 2024March 20, 2024 by IFM CorrespondentMarch 21, 2024March 20, 2024 According to a recent UN report, 93% of Palestine refugees in Lebanon live in extreme poverty... Read more
EconomyFeaturedEgypt’s inflation rises to 35.7% as country awaits dollar inflowsIFM CorrespondentMarch 14, 2024March 13, 2024 by IFM CorrespondentMarch 14, 2024March 13, 2024 Egypt's inflation rate fell from September 2023's record 38.0% before February 2024... Read more
EconomyFeaturedIF Insights: Making sense of United States’ ‘economic supremacy’ over EuropeIFM CorrespondentFebruary 15, 2024 by IFM CorrespondentFebruary 15, 2024 The fact of the matter is United States has already outpaced Europe in terms of GDP and the trend will continue in 2024 too... Read more
EconomyFeaturedGermany reaches deal on budget crisis, economy still in troubleIFM CorrespondentDecember 21, 2023December 20, 2023 by IFM CorrespondentDecember 21, 2023December 20, 2023 In 2023, Germany faced a recession of 0.5%. In 2024, its GDP will fall by as much as in 2024... Read more